RAVN Systems Releases RAVN ACE for Automated Data Extraction of ISDA Documents Using …

LONDON, January 25, 2016 /PRNewswire/ –RAVN Systems, experts in Artificial Intelligence, Enterprise Search, Unstructured Big Data and Knowledge Management, announced today the release of RAVN ACE for automated data extraction for ISDA (International Swaps and Derivatives Association) Master Agreements and Credit Support Annexes (CSAs) using Artificial Intelligence.In response to increasing regulatory requirements, banks and other participants in the OTC derivatives market need to improve their ability to manage counterparty exposures and their corresponding collateral obligations.Operations departments are now being pushed to their limits with an extensive and time consuming exercise of repapering (re-negotiating) certain existing contracts to reduce unacceptable levels of risk. In turn, this causes significant documentation management problems for users of derivatives.RAVN’s ground-breaking technology, RAVN ACE, joins elements of Artificial Intelligence and information processing to deliver a platform…


Link to Full Article: RAVN Systems Releases RAVN ACE for Automated Data Extraction of ISDA Documents Using …

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