Source: Street Insider
The EY organisation today announces a global alliance with Reveal Data Corporation, a global provider of leading artificial intelligence (AI)-powered eDiscovery – a review and investigations platform that helps clients better manage their data discovery needs using automation and deep analytics.
While complex legal and regulatory requirements increase, many organisations struggle to analyse litigation and regulatory data. The EY–Reveal Alliance intends to provide faster, more accurate and cost-effective eDiscovery and investigations service offerings through Reveal’s end-to-end eDiscovery and Document Analytics platform.
Todd Marlin, EY LLP, EY–Reveal Alliance Leader, says:
“Legal tech has arrived at a time when eDiscovery is being disrupted to drive more valuable business insights. This new wave of legal tech streamlines the human-centric process to seamlessly integrate a machine-driven approach, from data collection to focused review. Not only is there substantial opportunity to automate eDiscovery routines, but we’ll soon expect that there will be a baseline requirement across the industry. The alliance with Reveal provides EY teams with access to a broad suite of eDiscovery solutions. With Reveal’s innovative technology and the EY organization’s advanced discovery services, the EY–Reveal Alliance is well-positioned to help clients efficiently manage the ever-changing Data Discovery landscape.”
As part of the Forensics & Integrity Services, the EY organization offers leading-class consulting and technology solutions related to eDiscovery and data analytics across the globe. Collaborating with Reveal equips the EY organization with the capabilities to expand its existing Advanced Data Discovery solution to address data discovery needs – from both structured and unstructured data sources – for a wider range of use cases, such as automated due diligence and cyber incident response.
Meribeth Banaschik, Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, EY EMEIA Innovation Leader; Partner, Forensic & Integrity Services, says:
“The EY organization is harnessing the power of AI to help solve clients’ most complex problems on a global scale. Reveal technology helps draw deep insights from huge amounts of data at speed in areas such as regulatory response, investigations, compliance and beyond. Through this Alliance, clients can benefit from EY–Reveal pre-built models, infused with the EY organization’s domain knowledge, to effectively assess their legal risks, better understand the facts in a complex data set, and ultimately to act with confidence.”
Wendell Jisa, Founder & CEO of Reveal, says:
“Our technology is at its most powerful when organizations like the EY organization not only invest directly in them, but also work with our team in close collaboration to anticipate, resolve and work to mitigate existing and future data issues. Together, the EY organization and Reveal are introducing models and providing answers and insights before the need has been identified. This level of automation and analysis in legal tech is solving problems faster and making the unpredictable predictable for EY clients across the globe.”
