Whether you need to explore hundreds of contracts to check your exposure to new regulation or explore thousands of contracts to see which contain a certain cybersecurity clause or termination date. Manually trawling through all of the contracts is impractical and reviewing just a sample is highly risky. With ThoughtRiver these tasks are made simple.
Information extracted from hundreds of contracts in minutes
10x more cost effective than manual review
Easily report on findings
Depending on the requirements of your exploration, the tool can either surface all clauses that contain a specific point of meaning or even where a provision is missing.
The regulatory and commercial landscape is ever evolving. ThoughtRiver’s exploration tools can be used well beyond the initial project. You can easily add new data points (questions) for review and even use existing intelligence for an entirely different use case where relevant.
We helped a top 20 U.S. investment management firm to review anti-money laundering clauses to assess compliance with the 3rd EU AML Directive.
Learn how automated contract pre-screening technology can free up an in-house legal team to deliver strategic and commercial value to the wider business.