ProSearch Strategies, Inc., the visionary leader in corporate eDiscovery and legal data analytics solutions, today (Jan. 29) announced the expansion of its data analytics technology portfolio with the addition of artificial intelligence from NexLP. The NexLP technology will be used by ProSearch to support corporate client engagements involving early case assessment, fraud investigation, compliance and information governance.
“ProSearch is proud to announce the addition of NexLP’s AI-powered analytics platform to our technology lineup. The partnership reflects our continuing commitment to serve corporate clients with the best technologies, along with the best human expertise and talent, available anywhere in the market,” said Julia Hasenzahl, Co-Founder and CEO, ProSearch Strategies.
“NexLP is genuinely excited to partner with ProSearch and provide their data analytics team of top-tier data scientists and linguists with our innovative artificial intelligence platform. The ProSearch team has a deep understanding of the role and importance of technology in deriving actionable insights from both structured and unstructured data,” said Jay Leib, Founder & CEO, NexLP.
NexLP was chosen by ProSearch based on the robust set of cognitive analytics features available from its Story Engine AI-powered platform, including:
• Natural Language Processing (NLP) to facilitate more nuanced semantics processing
• Sentiment Analysis to quickly distinguish between factual and subjective information
• Enhanced Threading to better organize data by conversational context
• Pattern Recognition to help in the detection of notable trends or breaks in data patterns
NexLP’s analytics engine will supplement ProSearch’s current array of best-in-class technology, workflows and services that a growing number of corporate legal and compliance teams rely on for informed decision making during legal and compliance matters.