US SEC selects Recommind for ediscovery
Recommind has just announced that the US Securities & Exchange Commission (SEC) is deploying Recommind’s Axcelerate Review & Analysis, which provides innovative Predictive Coding capabilities, to the SEC’s Division of Enforcement staff nationwide.
Axcelerate Review & Analysis is able to provide a more accurate, consistent and efficient review process by identifying key topics, documents, concepts and issues from the outset of any matter. Axcelerate’s Predictive Coding functionality enables attorneys to find any document relating to a particular person, timeframe, topic, communication, issue or concept. The result is the fastest and most cost-effective review available, with built-in quality control capabilities unmatched in the industry.
After full deployment, more than 1,200 staff in the SEC’s Division of Enforcement will have the ability to use Axcelerate Review & Analysis to search and analyze hundreds of terabytes of ESI, making this implementation one of the broadest, most complex and largest in the world. The scalability and performance of Recommind’s products was crucial in meeting the SEC’s criteria for an end-to-end review platform.
“As the principal federal regulatory authority, the SEC sets the benchmark for the rest of the industry,” said Bob Tennant, CEO of Recommind. “Dealing with vast amounts of highly sensitive information demands the highest quality products and technology and we’re extremely proud to have been chosen to work with arguably the most important and influential regulatory agency in the world.”