Endava introduces Agentic AI accelerator for regulated sectors
In response to the UK Government's recently announced intention to establish voluntary guidelines and mandatory “guardrails” for high-risk AI, technology services company, Endava, has launched its pioneering Agentic AI Industry Accelerator. This novel initiative has been designed to address the specific challenges associated with deploying AI within highly-regulated sectors such as healthcare, insurance, financial services, and private equity.
Up until now, large language models (LLMs) and AI have essentially functioned as 'black boxes', with few insights available regarding the process by which these systems arrive at their given solutions. The Agentic AI Industry Accelerator, also known as 'Morpheus' within Endava, marks a substantive stride in the application of advanced language model operations to automate complex processes within spheres that necessitate strict regulatory compliance and data transparency.
The Agentic AI Industry Accelerator and its AI-assisted tools incorporate the potency of data and multi-agent autonomous teams to confront intricate challenges across all industries. The aim is to operationalise LLMs around data, thereby surmounting typical obstacles triggered by lapses in machine learning, often referred to as 'hallucinations'. This approach ensures all activity is transparent, understandable, and importantly, auditable.
'Morpheus' signifies a crucial advancement in automating complex processes within tightly regulated industries. The core of its design rests upon three fundamental themes - data at its centre with absolute transparency, teams of agents to simplify complex workflows, and the dynamic scalability of teams to expediate processes. By evenly distributing the workflow amongst a team of specialist agents, who then collate results and organise the subsequent workflow steps, Endava ensures that data for traceability and governance is captured at every stage.
Matt Cloke, Chief Technology Officer at Endava, shared his thoughts on this ground-breaking development, stating, “The introduction of multi-agent teams into our agentic AI industry accelerators is a game-changer for the sectors we serve. 'Morpheus’ will bring new levels of intelligence and synergy to industries that need it, and this is only the beginning. We see it solving complex industry challenges, optimising processes, and delivering unprecedented value to businesses and their customers; we believe there are limitless possibilities as to its long-term application.”
Endava's unwavering commitment to innovation and excellence in AI is reflected in the design of the Agentic AI Industry Accelerator, which pledges to set a new standard in the industry. Cloke's sentiments were echoed by John Cotterell, CEO at Endava, who added, “By utilising our comprehensive engineering and data expertise, we’re transforming the enigmatic nature of AI into something that is transparent and auditable for those industries that require it most. This accelerator promises to herald a new era of digital transformation, constantly evolving with people at the heart of its design.”
Endava's Agentic AI Industry Accelerator represents a step forward in AI technology, promising to bring greater transparency and efficiency to highly regulated sectors. The debut of 'Morpheus' paves the way for a new approach to AI, creating an environment that allows for greater dynamicity, flexibility, and a robust problem-solving approach.
