FRONTEO conducts demonstration experiment of AI review tool "KIBIT Automator" in the United States and starts full-scale deployment in the United States

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2019.11.25 Press release

--To the press -

FRONTEO conducts demonstration experiment of AI review tool "KIBIT Automator" in the United States and starts full-scale deployment in the United States

Reduced the amount of documents to be reviewed by 2%, the average speed of document review is about 1 cases per hour, and the total cost reduction is about 92%.

FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto) is an eDiscovery procedure with the cooperation of Baker & Hostetler LLP (hereinafter referred to as BakerHostetler), a major US law firm that has customers all over the world. Document review tool "KIBIT Automator" utilizing artificial intelligence (AI) in (e-discovery)note1) Was carried out, and it is announced here that the most costly document review time and cost reduction in e-discovery were obtained.

 

Results of demonstration experiment

Introducing "KIBIT Automator" developed by FRONTEO, the amount of documents to be reviewed by lawyers has been reduced by 20% and the number of review documents per hour has been greatly increased to 1 compared to conventional review tools. did.By significantly improving work efficiency in this way, we have achieved a 91.6% reduction in review costs (comparison with our company in the documents used in the demonstration experiment).This demonstration experiment demonstrated that by successfully incorporating artificial intelligence into the review process, the efficiency of review time can be significantly improved without compromising evidence effectiveness.

 

BakerHostetlera lawer office : Partner lawyer Comment from Jack Fonachiari

"By using FRONTEO's AI review tool "KIBIT Automator", we were able to significantly reduce the review time without sacrificing important quality in document review.In addition, we have obtained the result that reviews can be carried out efficiently using AI, so we are looking forward to utilizing it in future actual projects. "

 

FRONTEO USA, Inc .: CEO Okura Yutaka's comment

"This time, with the cooperation of Baker & Hostetler LLP, a major US law firm, we conducted a demonstration experiment of an AI review tool, and as a result, we were able to demonstrate the strategic value of" KIBIT Automator "in document review in eDiscovery. From this result, we can see that by utilizing our technology, even advanced law firms that have already introduced many legal technologies can raise the service level even further. . "

 

FRONTEO is using the AI ​​mail audit tool "KIBIT Automator" developed in-house to enhance the efficiency of the review process in the eDiscovery procedure. Since its release in 2019, KIBIT Automator has been steadily adopted, including being used to support fraud investigations by third-party committees in Japan.If you would like a product description or demonstration,fronteo-legal@fronteo.comPlease contact

 

 

 

(note1KIBIT Automatorabout URL: https://legal.fronteo.com/products/kibit-automator/

"KIBIT Automator" improves the efficiency of document review work in electronic discovery (e-discovery), reduces the burden on workers, and reduces costs, especially among the evidence disclosure (discovery) required in the trial procedure of US civil proceedings. An AI tool developed for the purpose, in March 2019releaseit was done.Applying the research method used in discovery, AI is used to examine and analyze large-capacity e-mails and electronic files that are evidence materials.In recent years, it is expected that companies will respond to the short-term information disclosure required.

 

 

FRONTEO Co., Ltd. is a data analysis company that supports the analysis of information such as big data using its proprietary artificial intelligence engine "KIBIT".Established in August 2003 as a company that supports e-discovery (electronic discovery), which preserves, investigates, and analyzes electronic data necessary for international litigation, and digital forensic investigations.Proceeds against companies by making full use of in-house developed data analysis platform "Lit i View" and "Predictive Coding" technology that supports multiple languages ​​of Japanese, Chinese, Korean, and English. We provide countermeasure support.Unique artificial intelligence-related technologies such as "KIBIT" cultivated and developed in this legal business learn "tacit knowledge" such as expert experience and intuition, and analyze human thoughts to analyze future actions. Realize the prediction.We have expanded into areas such as healthcare and business intelligence, and have achieved results in "work style reform" in addition to FinTech and RegTech. Listed on TSE Mothers on June 8, 2007 and NASDAQ on May 6, 26.The capital is 2013 thousand yen (as of March 5, 16). As of July 2,559,206, 2019, the company name has been changed from UBIC Co., Ltd. to the current company name.

 

For further information, please contact
Public Relations Officer, FRONTEO Inc. Takigawa
TEL: 03-5463-6380 FAX: 03-5463-6345 Email: pr_contact@fronteo.com