Due diligence is a time consuming necessity in every deal. It’s essential for assessing risk and for strategically structuring transactions, and gives buyers and sellers a clear view of their position. For financial services firms buying or selling assets, due diligence is a core part of the business. For some firms, a core part of
RAVN & ILTA collaborated to run a successful AI for Law Firms Conference in March, with over 100 attendees from top 200 law firms as well as major consultancy and other firms. Today, law firms are holding vast volumes of information containing their learned know-how and experience, as well as client data. Lawyers must be
Today, in response to increasing regulatory requirements, banks and other participants in the OTC derivatives market need to improve their ability to manage counterparty exposures and the corresponding collateral obligations. There are a number of solutions on the market that can help with the static data but they still require the manual extraction of the
Originally posted on Insurance People Magazine, Feb 2016. Peter Wallqvist believes Artificial Intelligence (AI) has the potential to revolutionise the insurance sector, and explains how greater efficiency and better customer service can be combined with reduced costs via the automation of operational processes The insurance sector is a highly competitive market which has recently faced
Elasticsearch is a highly scalable open source search engine and best of all it’s free so I downloaded it (https://www.elastic.co/downloads/elasticsearch) to see what it could do. It was extremely easy to get going and you could start indexing simple JSON objects and start searching for them which was a nice feature. However, then I got
It has been predicted by many that the adoption of Artificial Intelligence will become a significant focus for the legal Industry in the next few years and now it looks this is becoming a reality as law firms across the globe are beginning to investigate, invest in and introduce this technology. Law firms have vast
Here at RAVN HQ we were very excited with the news from the Ignite conference that took place last week. Especially the news around Enterprise Search. We were enlightened with the news that SharePoint 2016 will still be using the “kernel” SharePoint 2013 Search Server, this makes a lot of sense since Microsoft spent a
Artificial Intelligence (“AI”) technology isn’t just the latest buzzword. It has now become a practical reality. By 2024 the market for Enterprise Artificial Intelligence systems will increase from $202.5 million in 2015 to $11.1 billion (according to a report from Tractica). There have been misconceptions that machines will soon take over the world and all
RAVN Systems, experts in Enterprise Search, Unstructured Big Data analytics, Knowledge Management and Cognitive Computing technology, feature in this week’s BBC Tech Tent podcast on the subject of Artificial Intelligence Technology within the Legal industry. First broadcast on Friday, RAVN’s CTO, Jan Van Hoecke, discusses a new application of RAVN’s Applied Cognitive Engine with BBC
In this blog I describe how to perform Auto Tagging in Microsoft SharePoint 2013 with the new RAVN Pipeline 5.0. Auto Tagging including extracting people and locations that are mentioned in the document text and then tagging them to a Managed Metadata column in a SharePoint Document Library, as well as, automatically building up the
