NetDocuments Announces AI Marketplace with Kira Systems Participation

NetDocuments, a cloud platform for legal IT, has announced the creation of an AI Marketplace and its inaugural participant, Kira Systems.

Leveraging NetDocuments’ APIs and workspace portal technology, Kira is bringing its AI technology to the document management system. Kira is providing its document classification and clause identification technology to NetDocuments workspaces for a variety of applications, including contract analytics, audit work, and due diligence. “We’re excited to be the first to announce our participation in NetDocuments AI Marketplace and to bring our AI technology to the document management system,” said Steve Obenski, Chief Product Officer at Kira Systems. “We share the vision of an open ecosystem where customers can choose the best solutions for their document management and analysis needs.”

Kira’s clause review and analysis capability will be available in conjunction with NetDocuments’ existing entity extraction technology (which extracts people, places, companies, titles, financial amounts, dates, etc.) to deliver deeper content understanding. The result is a layer of document-level intelligence of matter data that enables a firm to make data-driven decisions around legal content. NetDocuments’ entity extraction, along with predictive filing, and now Kira Systems’ technology, constitutes key foundations and innovations around content understanding and intelligence.

NetDocuments’ AI Marketplace is open to software and technology providers to deliver embedded machine learning functionality for an improved understanding of matter, contract, and transactional content across NetDocuments’ global customer community. Kira Systems’ technology integration will enable content understanding through entity and clause extraction and analysis of documents in a NetDocuments workspace.

For more information, go to www.netdocuments.com/en-us.