The Problem: Too Many Documents, Not Enough Time
Whether conducting internal investigations or responding to regulatory requests, such as SEC audits or FTC second request procedures, corporate investigation teams face an uphill battle in meeting internal deadlines and complying with the regulator's increasingly aggressive procedural requirements. The growing number of corporate investigations, coupled with the explosion of electronically stored information (ESI), makes it extremely difficult to find the relevant evidence or produce the responsive documents in a timely and efficient manner. Furthermore, as corporations continue to tighten budgets, the level of resources they can allocate to such investigations is limited.
To meet these challenges, corporations require solutions that enable them to streamline the discovery of relevant information for federal and state regulators in a consistent and defensible manner with minimal resource expenditure.
Equivio's Solution: Accelerating Identification of Relevant Documents
Equivio>Relevance enterprise-grade solution enables corporate teams quickly identify the documents relevant to a given request or investigation. Smart culling of irrelevant documents ensures that corporate and personal documents unrelated to the request will not be mistakenly included for submission.
Equivio also analyzes request data, grouping near-duplicate documents and building email threads. The near-duplicate and email thread groupings ensure the consistent treatment of similar documents, while eliminating redundancy from the document review effort.
The Benefits
Equivio technology helps streamline corporate investigations by allowing you to pinpoint the documents that need to be handled, while also grouping near-duplicate documents and email threads. Benefits include:
- More effective identification of relevant data. In the absence of Equivio>Relevance, corporations use standard search techniques to identify data relevant to regulatory requests or investigations. Research studies show that search techniques typically retrieve 20-30% of the relevant data. Equivio>Relevance consistently retrieves 80-95% of the relevant data, dramatically reducing the corporationג€™s risk of failing to comply with the government request.
- Consistent treatment. In responding to a regulatory request, the Equivio groupings ensure consistent handling of very similar documents and related emails.
- Enhanced findability of data. By allowing the virtual suppression of redundant data, Equivio helps users cut directly to the information they need to respond to the regulatory request or investigatory procedure. The focus on unique data enhances data findability, and reduces the risk of missing critical information.
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