Consilio has launched a solution which streamlines the review of Instant Bloomberg archives. It augments data for better searching and discovery workflow purposes and introduces a real-time, dynamic filter to accelerate reviews, reduce costs and give increased accuracy.
Instant Bloomberg is generally known as Bloomberg Chat and is used by many financial institutions. Financial regulators require that these conversations, which may be very large, be archived, which makes them available for discovery not only by those regulators but for other eDiscovery purposes. They carry a lot of duplicated and irrelevant content and add significantly to volumes and workloads.
Consilio is providing chat-specific fields, making it easier to remove irrelevant and duplicated data and to focus on the strands of conversation which matter.
Consilio has deployed its enhanced Bloomberg Chat solution in its data centres in the US, UK, Germany, Japan, Bangalore and Hong Kong.
There is a press release about this here and a dedicated page on Consilio’s website with a data sheet giving more detailed information.
