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KPMG Australia Unveils KymChat, Its Proprietary ChatGPT for Enhanced Security and Collaboration

KymChat keeps client data secure. It's set to revolutionize collaboration at KPMG, with over 60 use cases proposed.

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1 min read
In the picture we can see three boys standing near the desk on it, we can see two computer systems...
In the picture we can see three boys standing near the desk on it, we can see two computer systems towards them and one boy is talking into the microphone and they are in ID cards with red tags to it and behind them we can see a wall with an advertisement board and written on it as Russia imagine 2013.

KPMG Australia Unveils KymChat, Its Proprietary ChatGPT for Enhanced Security and Collaboration

KPMG Australia has unveiled KymChat, its proprietary version of ChatGPT, developed in collaboration with KymTech and announced in March 2024. This new tool aims to enhance data security and boost efficiencies within the company.

KymChat, developed by KymTech, ensures client data remains within the KPMG environment, preventing any leakage. KPMG's Chief Digital Officer, John Munnelly, anticipates this tool will foster cross-team collaboration and streamline processes.

KPMG is among the few companies worldwide to create a private ChatGPT version, with Microsoft's support. The company plans to expand KymChat's capabilities by training its own AI model for specific tasks in the future.

The launch of KymChat marks the beginning of KPMG's AI journey, with more AI products slated for release. Meanwhile, OpenAI's recent introduction of GPT-4, showcasing 'human-level performance' on various benchmarks, signals the advancing potential of AI technology.

Over 60 innovative use cases for KymChat have been proposed through an internal staff crowd-sourcing initiative. Initially, KymChat will focus on driving innovation and efficiency within KPMG, integrated with Microsoft Teams.

KPMG Australia's KymChat, a proprietary ChatGPT version, promises enhanced data security and collaboration. With plans to evolve and expand its AI capabilities, KPMG is set to embrace the future of technology in its services.

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