ICE Operations has announced plans to transform its copyright processing with innovative technologies that will provide more accurate data and quicker processing of payments for royalty collecting societies including PRS for Music.
The company revealed that it will use cloud computing and machine learning technologies to deliver a 'highly automated copyright system' which will increase the speed, accuracy and transparency of how it consolidates multi-territorial copyright data.
The new project will work by connecting cloud copyright applications to the main ICE Core System. One application will implement scalable matching and data policy rules to facilitate the merging of works, a second will provide ICE customers with fast and accurate work share pictures in real time, while a third application will 'dramatically increase ICE usage processing speed and capacity'.
Markus Nees, CEO of ICE Operations said: 'ICE was established to solve the problems the industry experienced in moving from national, blanket licensing to multi-territory, repertoire-specific licensing in the online market.
'With this project, we will leverage the latest technologies to increase automation and take our copyright processing performance to the next level.
'It will enable us to process the higher volumes required by customers and their members, in the most accurate and transparent way.'
ICE customers including PRS for Music, GEMA and STIM will be provided with increased transparency of data and new tools to resolve data discrepancies, which will ultimately allow for quicker processing of payments to their members.
Chief executive of PRS for Music, Robert Ashcroft, said: 'This investment in new technologies means ICE copyright customers will see continuing improvements in service.
'Meeting the data challenge is our most pressing issue across the industry and the work with ICE to deliver an authoritative database with state of the art processing capabilities is vital to solving these issues.'
The company revealed that it will use cloud computing and machine learning technologies to deliver a 'highly automated copyright system' which will increase the speed, accuracy and transparency of how it consolidates multi-territorial copyright data.
The new project will work by connecting cloud copyright applications to the main ICE Core System. One application will implement scalable matching and data policy rules to facilitate the merging of works, a second will provide ICE customers with fast and accurate work share pictures in real time, while a third application will 'dramatically increase ICE usage processing speed and capacity'.
Markus Nees, CEO of ICE Operations said: 'ICE was established to solve the problems the industry experienced in moving from national, blanket licensing to multi-territory, repertoire-specific licensing in the online market.
'With this project, we will leverage the latest technologies to increase automation and take our copyright processing performance to the next level.
'It will enable us to process the higher volumes required by customers and their members, in the most accurate and transparent way.'
ICE customers including PRS for Music, GEMA and STIM will be provided with increased transparency of data and new tools to resolve data discrepancies, which will ultimately allow for quicker processing of payments to their members.
Chief executive of PRS for Music, Robert Ashcroft, said: 'This investment in new technologies means ICE copyright customers will see continuing improvements in service.
'Meeting the data challenge is our most pressing issue across the industry and the work with ICE to deliver an authoritative database with state of the art processing capabilities is vital to solving these issues.'
