Scissero
Too often, once a contract is signed, its terms are forgotten until a dispute arises, or the time comes for renewal or termination. Understanding the information locked in legal documents is key to making well-informed business decisions. Scissero is a data extraction platform developed by lawyers and data scientists that allows companies to quickly turn the contents of legal agreements into actionable business insights.
Our solution
- Data extraction engine with approximately 1,000 pre-trained data points
- Multi-prong extraction strategy using natural language processing, deep-learning neural networks and other types of machine learning
- Unique NDA solution, including scoring, issues spotting, defined terms checking, machine-assisted markups and analytics
- Integrated OCR tool for conversion of PDF documents (including scans) into DOCX format
- Online word processing and document negotiation platform with support for collaborative document editing
- Built-in contract authoring system for automatic drafting of documents based on the extracted data
- Workflow platform to route deals to internal and external stakeholders
- Multi-language architecture with out-of-the-box support for English, French and German (other languages can be added)
- One-click generation of reports in the form of bar charts, pie charts and tables
Contract negotiation
Negotiate first deal drafts via our web-based word processor, AI-based markup tool and Workflow platform.
Analytics and tracking
Extract data from contracts ready for download and visualize key metrics in a variety of formats.
Legal due diligence
Manage legal due diligence processes for M&A buy- and sell-side for capital markets.
Workflow
Receive alerts for key lifecycle events, such as contract renewal deadlines and rate hike decisions.
1,000 pre-trained data points
Multi-prong data extraction strategy
Unique NDA markup tool
Benefits
Multiple extraction options
- Choose the optimal data extraction strategy for a given challenge
- Use a combination of strategies to tackle a problem from different sides
Pre-trained models
- Let us train the system so you can hit the ground running
- Use transfer learning to avoid reinventing the wheel
Unique domain know-how
- Get the benefit of working with professionals who know your industry
- Partner with a team of experienced lawyers and data scientists
Cutting-edge technology
- Have the assurance of always working with the latest technology
- Explore new ways of tackling old problems
Our industry-leading legal AI platform includes the following:
Technology platform
Actionable business insights
NDA toolkit
Contract authoring
Contract analytics
Contract lifecycle management
Technology platform
Technology platform
- Two London-based data centers operated in an active/active configuration
- ISO 90001, 14001 and 27001 certified
- Cyber Essentials Plus certification
- GDPR compliance
- Machine learning and natural language processing
- Resilience/automatic failover
- Multiple integration options
- Intrusion Prevention System (IPS)
- Web Application Firewall (WAF)
- Host-based endpoint thread detection
- Rate limiting
- Multi-factor authentication (MFA)
- Federated identity (SAML SSO), IDP initiated flow
- Audit logging
Actionable business insights
Actionable business insights
- Data extraction engine with approximately 1,000 pre-trained data points
- State-of-the-art machine learning models
- Training sets prepared by a team of inhouse lawyers
- Custom notifications for key lifecycle events, such as renewal dates and rate hike triggers
- Automatically created counterparty profiles
- One-click generation of presentations and spreadsheets summarizing key legal and commercial terms
- API functionality
NDA toolkit
NDA toolkit
- Generation for standard form NDAs
- Automatic scoring of NDAs received from counterparties
- Standardized scoring methodology
- Market checker based on several thousand high-quality NDA markups
- Custom playbooks
- NDA markups with redline functionality
- Optional inclusion of explanatory comments
Contract authoring
Contract authoring
- JavaScript-based low-code platform for maximum flexibility
- Web-based development environment
- Full code transparency – you own the templates
- No vendor dependency
- Reusable business logic
- Live preview functionality for easy debugging
- Comprehensive online tutorials
- Optional templating service
Contract analytics
Contract analytics
- Single-contract or deal room review
- Data extraction engine with approximately 1,000 pre-trained data points
- State-of-the-art machine learning models
- Training sets prepared by a team of inhouse lawyers
- Pre-made report templates for different applications
- Executive summary and detailed findings
- Fully interactive table with the ability to click through the actual contracts for context
Contract lifecycle management
Contract lifecycle management
- All of the functionalities discussed under the other tabs
- File storage in secure cloud
- Optional integration with box.com
- Integrated word processing, spreadsheet and presentation apps with native DOCX, XLSX, PPTX and PDF support
- Collaborative editing and in-app chat
- Integrated OCR functionality
- Full-text and metadata-based searches
- Natural language chatbot
Or find out more at www.scissero.com
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