Logical Glue is the result of successful research and development undertaken as a Spin Out Company (ip4 Ltd) which was formed in 2006. A joint venture between the University of Essex and Industry, the brief was to research and develop new Computational and Artificial Intelligence combinations and techniques to achieve uplift in the accuracy of current predictive analytics systems.
The resulting system won the 2009 Lord Stafford Award for Achievement in Innovation and the foundation techniques are now the subject of a global patent. The system was developed into a powerful commercial software product, gaining an outstanding reputation very quickly for its accuracy and reliability.
In independent technical trials with a leading credit rating agency, Logical Glue demonstrated an 11% uplift in spotting defaults in credit card data when compared to leading statistical regression systems.
With our software currently in use in the financial services sector, our integrated risk management and Advanced Business Analytics supply valuable insight into areas including: