Firms are being challenged with an increasing burden of legal documentation to manage. Traditional methods to process these seem outdated, as they often rely on manual, labour-intensive contract mining.
Cognitiv+ and Digital Catapult are working together to apply the latest advances in natural language processing and machine learning. This will help to remove high impact bottlenecks in contract processing as identified by industry experts from Capgemini and CMS.
The consortium is designed to include broad areas of technologies and specialisations and will be overseen by specialist experts. These key individuals will collectively provide subject-matter expertise that covers SAAS (software as a service) and machine learning, different areas of law, contract management, IT integration and business process outsourcing.
The collaborative effort aims to:
- Develop a product that meets the current requirements of enterprise organisations.
- Share and disseminate learnings from the R&D conducted during the project.
Digital Catapult’s role, in addition to providing its data science expertise, is to turn learnings into best-practice and to expand that end product and learnings to include other industries such as health and manufacturing.
If you want to learn more about the project please contact Cognitiv+ at firstname.lastname@example.org or if you want to know how Digital Catapult could assist you with your AI project, email our Head of Technology and Artificial Intelligence & Machine Learning lead technologist Anat Elhalal at email@example.com