- Kingland Platform
In a previous blog, I discussed the personal independence inspection process from the perspective that it is cost inefficient. The cost inefficiency impedes progress for compliance and risk leaders to meet regulatory demands while answering how they can help improve profits to senior business leaders. The answer is a combination of cognitive technologies that can extract data and compare that data to what resides in the personal independence system, orchestrating the process for your users, as shown below.
However, the next complication is that not all networks operate the same and not all member firms within the same network are the same. For instance:
Thus, how can a standardized technology provide localization? The answer is through a flexible architecture that provides consistent results while allowing for localization.
At Kingland, our applications are used around the world, so our platform was conceived in the beginning to be configurable for every language and geography. These are the table stakes for your business and our platform. The application of our platform to this use-case occurs in the following ways:
In summary, our view is that you can achieve cost efficiencies and process compliance consistency without sacrificing the inherent localized nature of your business. By using proven patterns based on years of working with these complex challenges, you can experience cost efficiency, consistent global approach with localization, as well as address data privacy concerns. These data privacy concerns are addressed in the next blog entry.