Zapata AI, KPMG UK complete client project to streamline compliance models

Zapata Computing Holdings and KPMG UK recently completed a client project to streamline the compliance models of a leading global insurance firm. The project aimed to transform the client’s risk, operations, and compliance modeling by leveraging Zapata’s analytics, optimization, and generative AI capabilities. KPMG’s actuaries, working with Zapata’s data engineers, converted one of the client’s compliance models, comprised of tens of millions of inputs, and built an optimized solution with innovative algorithms. This new approach reduced the compute time it would have taken for these models by more than 1,000x, while maintaining accuracy and enabling the client to meet compliance requirements. Previously, the client had been submitting approximations instead of actual finished calculations.