A recent press release states, “Donnelley Financial Solutions announced today that it has entered into a definitive agreement to acquire eBrevia, a leading provider of artificial intelligence-based data extraction and contract analytics software solutions. The acquisition aligns with DFIN’s commitment to providing clients with best-in-class secure data aggregation, due diligence, compliance and risk management solutions. ‘DFIN has a rich history of innovation to meet the evolving needs of clients, while also leading the industry in providing insightful technology-enabled solutions, industry expertise and data insights at every stage of the business and investment lifecycle,’ said Daniel N. Leib, chief executive officer of DFIN. ‘Together with eBrevia, we are excited to provide superior artificial intelligence-based solutions to our global clients. This acquisition enhances our suite of industry-leading software solutions and provides highly relevant, recurring services for current and prospective clients’.”
The release continues, “DFIN’s current and prospective clients will benefit from: (1) Tech-forward data extraction: eBrevia provides a platform that uses artificial intelligence – machine learning and natural language processing – to extract and analyze data. (2) Accurate productivity: The platform helps attorneys review up to 90 percent faster and more accurately. (3) Seamless integration with Venue: eBrevia’s platform seamlessly integrates with DFIN’s Venue Data Room solution providing intelligence on end-to-end deal solutions. (4) Secure and Actionable: within DFIN’s Venue Data Room, your data is protected with bank-grade security, powerful encryption, and eBrevia’s output delivers actionable intelligence in easy to read summaries.”
Read more at Business Wire.
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