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UK-Förderung (429.712 £): Extraktion vertraglicher Verpflichtungen mittels künstlicher Intelligenz Ukri 01.05.2017 Forschung und Innovation im Vereinigten Königreich, Großbritannien

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Extraktion vertraglicher Verpflichtungen mittels künstlicher Intelligenz

Zusammenfassung Legal Business Contracts govern the business relationship between trading business partners. They are like blueprints of expected business behaviour of all the contracting parties involved, and bind the parties to obligations that must be fulfilled by expected performance events. This highly innovative project proposes the automation of the obligation extraction task using artificial intelligence, especially machine learning and natural language processing. Since the extracted information will be already in machine readable format we also propose the development of software the implements the workflows that have to do with obligation management(e.g.payment calendars, reporting notifications,etc.). The solution, accessed directly or as a service, will help legal, commercial and compliance professionals to accelerate contract review and analysis as well as avoid manual data entry into corporate systems, allowing them to focus on higher-value tasks. It will generate significant cost savings (50-90%) through the reduction of the time spend on manual tasks. On top of that, we expect significant operational risk reduction which will lead to reduced costs of litigation and potential penalties.
Kategorie Feasibility Studies
Referenz 103023
Status Closed
Laufzeit von 01.05.2017
Laufzeit bis 30.04.2018
Fördersumme 429.712,00 £
Quelle https://gtr.ukri.org/projects?ref=103023

Beteiligte Organisationen

COGNITIV+ LTD

283.646,00 £

OLSWANG LLP
DIGITAL CATAPULT

146.066,00 £

CAPGEMINI UK PLC

Die Bekanntmachung bezieht sich auf einen vergangenen Zeitpunkt, und spiegelt nicht notwendigerweise den heutigen Stand wider. Der letzte verfügbare Stand wird auf folgender Seite wiedergegeben: Cognitiv+ Ltd., London, Großbritannien.