Due diligence is a complex,
time-sensitive and high-risk task. Contract review is usually conducted by
newly-qualified lawyers who spend long hours over late nights and weekends
reading hundreds of pages, a process which is subject to human error.
Luminance helps lawyers to
categorise, review and analyse thousands of documents and contracts in the data
room. This new approach allows for incredibly powerful search and filter
capabilities, increasing the efficiency of contract review by at least 50%.
Furthermore, the ability to
identify anomalous contracts and clauses greatly minimises the risk of missing
key information in contracts.
Website: https://www.luminance.com/
Luminance pairs the computing
power of artificial intelligence with human training and experience. Luminance
can process large, complex and fragmented data sets within an hour, and
presents the entirety of the data room in an intuitive visualiser.
Sophisticated document
clustering and filtering takes place in a secure environment, providing
advisors with an instant understanding of a company. This enables them to focus
their review where it matters most and eliminate administrative tasks.
Website: https://www.luminance.com/
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