Arria NLG PLC Genpact NLG Applications to Phase II Development (8578U)

TIDMNLG

RNS Number : 8578U

Arria NLG PLC

12 April 2016

Arria NLG plc

("Arria NLG", or "Arria")

Genpact Extends Three NLG Applications to Phase II Development

Arria NLG plc (AIM: NLG), a leader in the development and deployment of Natural Language Generation ("NLG") technologies, is pleased to announce that its business process management and technology partner Genpact (NYSE: G) has extended three NLG applications to the next phase of development.

Following the successful completion of initial prototypes, Arria has now been commissioned to work with Genpact in developing three fully market-ready applications for Genpact's customer base, initially in the banking and financial services industries. The applications are designed to improve existing automation systems by providing numerous complex business reporting processes which will transform the ability to perform existing tasks with the speed and scale advantages of advanced AI technology. The applications are: i) Model Documentation and Validation; ii) Financial Planning and Analysis (FP&A) Reporter; and iii) Credit Assessment.

Stuart Rogers, Chairman and Chief Executive of Arria NLG, commented: "We are delighted with Genpact's decision to rapidly complete the development of these applications with a view to providing them to their clients as soon as possible. This highlights Genpact's recognition that our NLG platform has the capability to significantly enhance the operations of their customers.

This is a good example of the capability of our NLG technology to be deployed in mass market applications, and demonstrates that the business world is embracing the potential benefits embedded in Arria NLG's technology."

For further information, please visit www.arria.com or contact:

 
 Arria NLG plc                   Tel +44 (0)20 7100 4540 
  Stuart Rogers 
  Chairman and Chief Executive 
------------------------------  ---------------------------------------- 
 Allenby Capital (Nominated      Tel: +44 (0)20 3328 5656 
  Adviser & Joint Broker) 
  Nick Naylor 
  Jeremy Porter 
  James Reeve 
------------------------------  ---------------------------------------- 
 MSL Capital Markets             Tel: +64 (0)4 472 2716 
  (Lead Manager) 
  Andrew McDouall 
  Justine Dunnett 
  Peter Lynds 
------------------------------  ---------------------------------------- 
 Stockdale Securities            Tel: +44 (0)20 7601 6100 
  (Joint Broker) 
  Antonio Bossi 
  Robert Finlay 
------------------------------  ---------------------------------------- 
 IFC Advisory (Financial         Tel: +44 (0)20 3053 8671 
  PR and IR)                      tim.metcalfe@investor-focus.co.uk 
  Tim Metcalfe                    graham.herring@investor-focus.co.uk 
  Graham Herring                  heather.armstrong@investor-focus.co.uk 
  Heather Armstrong 
------------------------------  ---------------------------------------- 
 Ruder Finn (PR USA) 
  Scott Beaver (West Coast)        Tel: +1 541-326-5847 
  Brianna Mulligan (East           Tel: +1 203-246-1304 
  Coast) 
------------------------------  ----------------------------------------

Arria NLG

Arria NLG's core product is known as the Arria NLG Platform, a form of artificial intelligence software, specialised in extracting information from complex data sources and communicating that information in natural language (i.e. as if written by a human). The scientific foundation for the Arria NLG Platform is based on more than 30 years of research and development by the Data2Text Founders at the University of Aberdeen. For additional information, visit www.arria.com. Follow Arria NLG on Twitter, LinkedIn, Google+ and YouTube.

About Genpact

Genpact (NYSE: G) stands for "generating business impact." We are a global leader in digitally-powered business process management and services. We architect the Lean DigitalSM enterprise through our patented Smart Enterprise Processes (SEPSM) framework that reimagines our clients' operating models end-to-end, including the middle and back offices. This creates Intelligent OperationsSM that we help design, transform, and run. The impact on our clients is a high return on transformation investments through growth, efficiency, and business agility. For two decades, first as a General Electric division and later as an independent company, we have been passionately serving our clients. Today, we generate impact for a few hundred strategic clients, including approximately one-fifth of the Fortune Global 500, and have grown to over 70,000 people in 25 countries, with key offices in New York City. The resulting business process and industry domain expertise and experience running complex operations are a unique heritage and focus that help us drive the best choices across technology, analytics, and organizational design. For additional information, visit www.genpact.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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