What is a KTP? 

A KTP is a three-way partnership between an academic institution, a business and a suitably qualified graduate, aimed at helping companies innovate for growth. The double KTP with rradar, valued at £400,000 for three years, will enable the development of a cutting-edge system that will transform the way businesses identify, quantify and manage risk.  

It will integrate data science, artificial intelligence (AI) and machine learning to create a platform capable of automatically identifying and assessing risk scenarios. 

Who are involved?  

Leading the academic side of the project are Dr Yi Hong and Dr Paul King from the School of Computing and Mathematical Sciences. Data scientist, Dr Adinath Ghadage, has been employed as one of two KTP Associates, with the second position expected to be filled in the coming months. 

Commenting on the KTP with rradar, Dr Yi Hong from the University of Leicester, said: “This KTP is a fantastic opportunity to apply our expertise in data science and machine learning to real-world challenges. The partnership with rradar will not only advance our research but also provide tangible benefits to businesses, empowering them to proactively manage and mitigate risks.” 

Davina Gillyon, Chief Commercial Officer at rradar, said: “Working with the University of Leicester on this double KTP, funded by Innovate UK, has undoubtedly enabled our business and our teams to accelerate the distinctively unique proposition that rradar was built on, and continues to be recognised for in the innovation rankings. 

“I would also add that we are incredibly proud to have been awarded the double KTP in recognition of not only the strength of rradar’s cutting-edge risk innovation, but also its future promise and potential – which we believe to be very much uncapped, given the increasingly fluid and fast-paced environment of risk that we all live and work in today.” 

Find out more 

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