Major bank
Major bank minimizes review time
Financial corporation gathers close to 98 percent of responsive documents, reduces review costs by 94 percent with OpenText Insight Predict
Challenge
- Faced alleged loss of millions due to borrower accounting fraud
- Initiated effort that required review of 2.1 million documents
- Lacked time, money to review all files
Product(s)
Value
- Employed innovative technology to find up to 98% of relevant documents
- Reduced review costs by 94%
- Decreased total review effort to only 6.5% of total reviewable population of 2.1 million documents