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Financial eDiscovery Made Easy |
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The financial industry is both an eDiscovery and litigation-intensive sector, so the timely identification of relevant business records is an imperative. This is a challenging task with more than 90% of business records created or stored electronically and 30% existing only in electronic format. This soaring volume of electronically stored information (ESI) has forced a reevaluation of legal records, electronic discovery (eDiscovery) requirements, and procedures. Financial institutions are in a particularly tough spot as their ESI includes thousands and millions of database records residing in various databases. Searching those databases using conventional techniques used for emails, documents and multimedia records simply doesn't work.
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