PEXA Group Launches Permission-Aware AI Platform with ‘People First’ Focus

Melbourne, Australia: PEXA Group, a world-leading ASX-listed digital property exchange platform and property insights solutions business today launched a permission-aware AI platform designed to enhance secure data use, empower employees, and drive productivity improvements.

PEXA’s generative AI (GenAI) Assistant pioneers a security-first approach, uniquely designed to understand each employee’s access to enterprise data in real time.

Unlike existing models that often rely on outdated architectures and lack fine-grained access control, PEXA’s solution ensures robust data security at both the model and data levels, retrieving live information from within the organisation. The platform operates using a permissioned Retrieval Augmented Generation (RAG) model, which controls what data is passed to the AI in small, secure segments.

The GenAI Assistant was developed in collaboration with Thoughtworks Australia, Redactive AI, and Amazon Web Services (AWS). It leverages live data access to company data from Redactive’s permissions aware retrieval engine, along with Anthropic’s Claude 3 Sonnet on Amazon Bedrock, a fully managed service that offers a choice of high-performing AI foundation models, to ensure that every employee chat interaction is secure, accurate, and contextually relevant.

Eglantine Etiemble, Chief Technology Officer at PEXA Group said the GenAI Assistant represents more than just a technological advancement; it aligns with PEXA’s core value of ‘Innovate for Good.’ By securely enabling our employees with the right permissions to access and leverage data, we’re not only driving productivity and innovation but also ensuring that our employees are equipped with leading competencies.

“In an increasingly digital ecosystem, it is crucial to keep people at the forefront of innovation. Our approach ensures that while we integrate cutting-edge technology, we are also fostering a culture where our employees can thrive, engage with new tools confidently, and contribute meaningfully to our mission of Connecting People to Place,” said Ms Etiemble.

Andy Nolan, Director of Emerging Technologies at Thoughtworks Australia, stated, “PEXA’s commitment to a secure, ethical AI platform has been realised through a strong collaboration and advanced engineering. Thoughtworks delivered the foundational GenAI infrastructure that integrates seamlessly with PEXA’s operations, ensuring the highest standards of data security. Our expertise in enterprise-grade AI solutions has enabled PEXA to deploy this technology confidently.”

Jamie Simon, Director of Financial Services at Amazon Web Services, Australia and New Zealand said, “with security a fundamental requirement, Amazon Bedrock also safeguards PEXA’s strategic and operational data with the right controls, reinforced by AWS’s strong record in building and running resilient, highly available applications. This is essential for PEXA, as well as for many other organisations of all sizes and industries, especially for regulated sectors including financial services.”

Andrew Pankevicius, Co-Founder of Australian Scale-up Redactive AI, remarked, “from the outset, PEXA and Thoughtworks recognised the importance of embedding strong security into the AI platform. Redactive enabled PEXA to responsibly scale Generative AI across its workforce while maintaining high data security standards. By enabling permissioned RAG for this platform, we are proud to have supported PEXA in moving quickly and safely with GenAI.”

PEXA’s AI Assistant is a significant step forward in the company’s journey toward an AI-powered future, reflecting its ongoing commitment to innovate responsibly and effectively across the business landscape.