Efficient analysis of contracts is critical to meeting regulatory requirements, recognizing business value, and reducing legal risk, yet many corporations lack an organized method to act upon their diverse contract universe.
FTI Technology’s Contract Intelligence (“CI”) service helps organizations solve this problem by quickly identifying relevant insights from within large contract datasets, allowing them to understand important rights and obligations across industries and business units. The FTI team does this by combining leading-edge artificial intelligence and analytics technology, advanced workflows, and attorney review teams experienced in contract analyses.
Contract Intelligence: Integrated End-to-End Technology Solution
Connect
Contracts are identified and collected to create a secure, centralized document repository.
Enrich
Contracts are ingested and processed in AI platform to automatically identify and extract material clauses.
Visualize
Extracted info is refined and structured in integrated analytics platform to allow for a quick, focused review.
Act
Analysis output is utilized for import to client systems and to enable analytics reporting in interactive dashboards.
Contract Intelligence Services
The FTI team delivers a set of tested workflows and deliverables that can be customized to client requirements.
- Forensic collection and preservation of relevant contract documents and metadata;
- Digital inventory and searchable repository of contracts, terms and clauses;
- Extraction of relevant contract terms and clauses automatically via artificial intelligence;
- Machine learning-enabled custom clause extraction;
- Organization of contract hierarchies to link master agreements with related documents and perform gap analyses;
- Cost-effective manual contract review in coordination with client’s internal or external counsel;
- Structured data deliverables, analytics reports and business intelligence;
- Migration of contracts and associated data to client or third-party systems.
Specific Uses for Contract Intelligence
For M&A
Use contract data to look across the deal landscape and determine the best business decisions for the deal lifecycle.
For LIBOR Compliance
Identify and analyze LIBOR exposure within a company’s contract universe.
For Corporate Restructuring
Quickly find relevant data from within large contract datasets to understand and liquidity and restructuring options.
For Data Privacy
Analyze and evaluate contracts for risk and compliance with data privacy regulations.
Contract Intelligence Highlights
- Contract discovery and collection, including CMS/database extraction
- Pre-deal M&A contract diligence
- Contract analysis and business intelligence for M&A integration and synergies
- Regulatory compliance analysis and contract remediation for financial services, accounting, healthcare, data privacy and more
- Corporate restructuring and Chapter 11-related contract data extraction and database management
- Clause analysis and gap assessments to inform Contract Lifecycle Management (CLM)
- Preparation & data extraction for migrations to contract management systems
Why Choose FTI Contract Intelligence Services?
Legal and Regulatory Expertise Ensures a Defensible Process
The CI team leverages deep legal and regulatory expertise to ensure a thorough and defensible process. Our global team includes contract process experts, forensic experts, corporate investigation specialists and technology professionals that have led some of the largest and most complex regulatory response, information governance, M&A, litigation and investigative engagements. In addition, the Contract Intelligence service utilizes industry expertise across a number of vertical industries, including healthcare, financial services, retail, construction, energy and real estate.
Advanced analytics technology streamlines contract collection and review
The Contract Intelligence technology suite brings together advanced analytics tools and artificial intelligence, to expedite contract processes and further reduce cost. We are able to reduce legal risk and enhance the commercial value within contracts. This enables the team to quickly define critical contractual language and structure customized data outputs, all resulting in enhanced review productivity and quality deliverables.
Workflows ensure quality while reducing costs
Custom solutions and workflows, designed by operational and subject matter experts, are executed by legal review teams that are specifically trained per engagement. Clients receive regular updates on review findings such as legal obligations, cost opportunities, risk exposure and any additional requirements.