Lauren Logo
A I-Powered Contract Summarization for  a Leading Financial Institution to make Faster, Smarter Decisions 
IndustryLegal
ServicesAl/Ml Gen Ai

About the Client

A leading financial institution with global operations, specializing in providing a range of financial services, including investment, banking, and insurance. With thousands of contracts reviewed annually, the client needed a more efficient and accurate method for managing contracts. The primary business pain points were lengthy review cycles and the inconsistency in contract interpretation due to complex legal language. 

The Problem

The client faced several challenges in managing its contracts:

  • Lengthy and complex contract review processes, leading to delays in business decisions.
  • Difficulty in identifying key differences and inconsistencies between contracts, often requiring significant manual effort.
  • Delayed decision-making due to the time-consuming manual review process, hindering the organization's ability to act swiftly.
  • Inconsistent understanding of complex legal terms, which created risks of errors in decision-making. 

Our Approach

Lauren took swift action by isolating the compromised server and disconnecting it from the network. We initiated comprehensive scans on all applications and conducted a vulnerability assessment test for all endpoints, firewalls, applications, and cPanel. Immediately, we severed the server’s connection to the Disaster Recovery(DR) site and promptly initiated the creation of backups for existing data in Azure Data Lake. The workload was efficiently shifted using Azure connectors and Azure Sync, ensuring the Azure cloud remained in active mode throughout the process. To enhance security further, we promptly changed the IP addresses of users and modified the Fully Qualified Domain Name(FQDN) to an alternate one. Additionally, we ran scans across the entire infrastructure layers, utilizing existing OEM’s security products for added protection.

Tech Stacks Used

Amazon Bedrock

Amazon Bedrock

ChatGPT

ChatGPT

Google Gemini

Google Gemini

AWS EC2

AWS EC2

AWS S3

AWS S3

Python

Python

django

django

The Result

By implementing SummarAIze, the client achieved significant operational improvements:

  • Faster Decision-Making: Quick access to key contract insights enabled faster, more informed business decisions.
  • Boost in operational efficiency: Automated contract review reduced the time spent per contract, freeing up valuable resources for more strategic tasks.
  • Increase in contract review accuracy: AI-driven analysis significantly minimized human error and inconsistencies in contract interpretation.
  • Optimized Workflows: The automated system allowed legal teams to focus on high-priority tasks rather than repetitive manual reviews.
  • Secure Data Management: Ensured the secure handling of sensitive contract information, meeting compliance requirements and reducing the risk of data breaches.

SummarAIze transformed the client’s contract management process, enabling faster, smarter decisions and improving overall operational efficiency.

Let's Work Together

Whether it's to discuss your next project, learn more about our services, or join our team, drop us a line and get the conversation started.