Uría Menéndez and RAVN Systems are collaborating to enhance RAVN’s Artificial Intelligence platform by creating a Spanish Due Diligence robot

Continental Europe News

08
May
2017

Editor

RAVN Systems, leading experts in Artificial Intelligence (AI), Search and Knowledge Management solutions, is pleased to announce Uría Menéndez is collaborating with RAVN Systems to enhance RAVN Extract by creating a Spanish due diligence robot.

RAVN Extract is an application built upon RAVN’s Applied Cognitive Engine (RAVN ACE), an AI platform which automatically reads, interprets and extracts key information from unstructured data into any desired business output.

Uría Menéndez is one of most prestigious international law firms across the Iberian and Latin American markets with a large contract estate. Looking for ways to streamline all the repetitive and less value added daily operations, they researched the market for AI enhanced systems. In particular, they wanted to transform their due diligence process through automation to increase their efficiencies as well as giving them further competitive advantage.

Santiago Gómez Sancha, ICT Director, commented, “This technology will bring us a flexible environment that is dedicated to our firm so we can ensure we can look after our clients as efficiently as possible. We chose to collaborate with RAVN as we recognised them as a leading AI provider and wanted their product to be part of the firm’s portfolio. We also want to go further the road of AI in lawyering”.

Dries Ausems, Sales Director at RAVN Systems, commented, “We are excited to collaborate with such an innovative firm and further enhance our platform for the Spanish market. They see the benefits Artificial Intelligence can bring to their firm and most importantly that they can deliver a more efficient service to their end clients”.