Zurich, Switzerland, August 4, 2015 - Forexus today released a new software solution called Chat eDiscovery which allows chat data from the source or journaling systems to be de-duplicated, formatted as a document and loaded into conventional eDiscovery systems. The deduplication is performed on a per chat message basis, which reduces the review population up to 64%. Further reductions can be achieved by elimination of irrelevant systems status messages and disclaimers. Chat transcripts created from Bloomberg, Reuters, Lync and other chat systems have the same format, which allows for efficient and rapid reviews.
Based on the cooperation between Forexus and UBS, the bank decided to roll out Chat eDiscovery in all processing locations around the world and further improve its eDiscovery capabilities. Compared to the previous technologies used, this software allows automation of all manual steps and accelerates data processing.
The software is designed for windows environments and integrates into the active directory. For performance reasons a modular design with dedicated workers was chosen, which makes it scalable and flexible. The backend is implemented with Microsoft SQL server and allows direct access to the database for advanced users.
Forexus is based in Zürich, Switzerland and offers eDiscovery, IT Forensic and Data Analytics services with the main focus on financial institutions and law companies. For more information about Chat eDiscovery visit www.chatediscovery.com or the company website www.forexus.ch.