LONDON, Feb. 16, 2019 /PRNewswire-PRWeb/ -- Logic Programming Associates (LPA), developers of VisiRule, a graphical tool for developing Legal Expert Systems, have joined the Barclays Eagle Labs LawTech incubator in Notting Hill, London.
Clive Spenser, Marketing Director at LPA commented: "We are excited to be joining Barclays in this initiative and working with their legal partners as well as mingling with other innovative LawTech start-ups. AI technology is poised to disrupt the delivery of legal services and this incubator can help us identify and develop worthwhile commercial applications in the legal sector."
"There is a wide range of skillsets in the UK, and we believe that we have the right combination of expertise and technology at LPA to develop and supply innovative AI solutions to the legal sector both in the UK but also overseas. Small companies like LPA need a supportive environment with access to legal content and legal know-how."
Jon Hope, Barclays Eagle Labs Director, said: "We're delighted that LPA is joining our thriving LawTech ecosystem and we look forward supporting them and watching their business go from strength to strength."
The incubator is supported by a dedicated Ecosystem Manager and Barclays employees who provide on-site advice for entrepreneurs on areas including business and personal finance, as well as connections into Barclays' networks.
The LawTech Eagle Lab is part of a growing network of 21 Labs set up by Barclays to help start-up and scale up businesses to create, innovate and grow. Eagle Labs originally converted under-utilised bank spaces to create thriving ecosystems at the heart of their community. They have developed into a UK-wide network, partnering with organisations that share Barclays' vision to empower businesses and communities to drive the UK economy. Many of the Labs have a specific industry focus on technology areas such as artificial intelligence and home automation.
LPA was formed in 1981 to exploit research at Imperial College into Logic Programming. In 1999, LPA helped incorporate Business Integrity Ltd to take to market innovative work in the area of Document Assembly. Business Integrity Ltd established Contract Express as a premier Contract Automation software package and the company was acquired Thomson Reuters in 2015 for an undisclosed fee.
Notes to Editors
About Barclays Eagle Labs
Eagle Labs are Barclays spaces to help entrepreneurs and ambitious businesses collaborate, innovate and grow. Eagle Labs aim to cultivate a community of likeminded entrepreneurs and provide them access to a collaborative environment, peer networks, and opportunities to maximise growth. Eagle Labs also offer support to established larger organisations, developing programmes to help corporates create an entrepreneurial culture by introducing innovative practices and encouraging intrapreneurship.
With 21 Eagle Labs across the country and more in the pipeline, the focus is to help accelerate UK scale-ups, promote collaborative innovation across the entire ecosystem and enable access to, and training on, new and emerging technologies such as AI, blockchain, 3D-printing and the Internet of Things which make up 'Industry 4.0' – the fourth industrial revolution.
For further information about Barclays Eagle Labs, please visit our website labs.uk.barclays
SOURCE Logic Programming Associates