Enhanced Integration of Watson Cognitive Classifier

The Watson™ cognitive classifier can be used to assist the user in finding the appropriate taxonomy classification, for example, for the Basel Event Type three-level hierarchy of Risk Category, Risk Sub-Category, and Risk Example. When the user asks for suggestions, a guidance panel opens and provides a ranked list of suggestions, together with a confidence level for each. With a single click, the user can accept a suggestion.

Example of a using the description of a loss event to take taxonomy suggest Risk Category, Risk Sub-Category, and Risk Example — Figure 1. Integration of Watson cognitive classifier in Task views