DocsStream -
For Legal Industry
Artificial Intelligence powered technology for contract
& legal documents review.
Challenges
Lack of automation of OTC trade processing.
Many roadblocks for efficient contract processing, longer timeframes for closing deals & increased time and costs for review and approval of contracts
Inefficient and fragmented workflows.
Manual processes, broken workflows and various platforms, create chaos, less effective work and inefficient collaboration between various teams.
Highly manual processes
prone to human error
More automation, means less manual processing, less human error, lower costs and more accuracy.
Ineffective and broken communication
Lack of automation and single platform, creates substantial risks for communication between teams and internal and external counterparties.
Manual processes for creating, managing and maintaining contracts
Time consuming processes of drafting & reviewing
contracts, completely ineffective when reviewing large volumes of documents within limited timeframes
Multiple systems
usage
Different systems, broken communications and no single system of truth, contribute to human errors, difficulty of maintaining several systems, inefficiencies between teams and increased costs of oversight.
Our Solutions
Stay in Control
DocsStream auto finds, extracts and reviews substantial parts of
contracts within minutes.
Integrated workflows & STP processing
Smart workflows that allows frictionless communication between trading, legal, ops and external teams. Say no to costly manual processes & to never ending email trails.
Powerful Search Capabilities
Search contracts for presence or absence of various clauses, provisions, text, preambles or terms. Save results for quick access when needed.
Seamless Contracts Review
DocsStream automatically reviews legal contracts and approves if no problems are identified.. Use the deviation “heatmap” to identify where changes/amendments have been made.
Regulatory Compliance
We can help to remain in compliance with regulatory requirements & upcoming regulatory changes.
Seamless Drafting
Quickly extract previously agreed good terms/clauses in contracts stored in large repository of documents. Use these clauses to help you with drafting a new contract.
Fast Facts
01
Different estimates indicate between 20 % to 60% efficiency gain in contract review.
02
Lawyers spend too much time working on low value work.
03
10X faster processing vs
manual work
04
Work from Home friendly
platform
05
Analyse, review & process other
diverse disciplines such as: Brexit, Various valuation reports, Data Protection, Revenue recognition e.g. IFRS
06
Easy adaptation & integration with company wide systems.
