U.S. Patent Awarded for Solution’s Efficient and Cost-Effective Chat Review Capabilities
Washington, D.C. – October 5, 2016 – Consilio, a global leader in eDiscovery, document review and legal consulting services, announced today that it has been awarded a U.S. patent for its Enhanced Bloomberg Chat Review solution. The firm’s innovative technology is an end-to-end offering that accelerates and streamlines the review of multi-party chat transcript documents, including Instant Bloomberg® (“Bloomberg Chat”) archives, for eDiscovery.
Launched in 2014, the Enhanced Chat Review solution provides a streamlined review experience that optimizes workflows and minimizes risk of errors associated with large-scale reviews for financial services organizations. The solution allows reviewers to filter out irrelevant participants, companies, disclaimer noise and chat entry and exit event noise, which typically comprises more than 80% of chat transcripts. This empowers reviewers to focus only on meaningful content, which drives faster, less expensive and higher quality reviews.
“The innovation behind the Enhanced Chat Review solution is its ability to speed the review process by removing the irrelevant noise that burdens reviewers,” said Raj Chandrasekar, Chief Technology Officer at Consilio. “Coupled with Consilio’s global reach, the Enhanced Chat Review solution enables a faster review of cross border, multilingual matters that contain large quantities of instant messaging communications, alongside audio, email and eFile documents. This innovation is unique in the marketplace and is now under U.S. patent protection.”
“Since launching the Enhanced Chat Review Solution, Consilio has helped numerous financial services and corporate clients navigate the challenges of chat review,” said Pete Feinberg, Senior Vice President of Product Strategy at Consilio. “Along with this powerful technology, Consilio is able to be a trusted advisor to our clients to assist with guiding collections and informing best practice workflows.”
For further information about Consilio’s Enhanced Chat Review solution, please visit http://www.consilio.com/technology/enhanced-chat-review/.
Consilio is a global leader in eDiscovery, document review and legal consulting services. Consilio supports multinational law firms and corporations using innovative software, cost-effective managed services and deep legal and regulatory industry expertise. The company has extensive experience in litigation, HSR second requests, internal and regulatory investigations, eDiscovery, information governance and compliance, law department management, document review, contract management, and legal analytics. ISO 27001 certified, the company operates offices and data centers across Europe, Asia and the Americas. For more information, please visit www.consilio.com.
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