SEC selects Casepoint for its cloud-based e-discovery pilot
Casepoint, a provider of cloud-based legal technology solutions, has announced that the U.S. Securities and Exchange Commission (SEC) has selected Casepoint for a cloud-based electronic discovery system. With the SEC’s goal to reduce costs, improve access to analytics tools, and drive greater workflow efficiencies, the SEC chose Casepoint Government as its e-discovery technology to help achieve these outcomes and meet its technical requirements. Casepoint Government is a specially configured version of Casepoint’s eDiscovery software, which was built to meet the unique needs of both government customers as well as stringent security requirements.
“We are honored that the SEC has selected Casepoint Government as its technology of choice for this important program to bring its eDiscovery process to the cloud,” said Amy Hilbert, VP of public sector at Casepoint. “We understand the magnitude of the demands on the SEC. Our technology has been carefully built over many years to meet or exceed the agency’s needs through our scalable platform, artificial intelligence, and advanced analytics.”
Casepoint was selected over a number of other e-discovery technology solutions after undergoing a rigorous multi-step evaluation process. The SEC’s evaluation factors included assessing software features and functionality, cybersecurity, management and key personnel, past performance, and a competitive proof of concept process. The SEC receives approximately 3,500 new productions, totaling nearly 10TB after processing, each month. The SEC’s existing e-discovery systems contain almost 1PB of data across 7,300 cases and must support 600 users in its Washington, D.C. headquarters and 1,200 additional users across its 11 regional offices nationwide. It was imperative that the SEC chose an enterprise-scale solution that is fast, powerful, and easy-to-use.
“Our software is the culmination of over 11 years of thoughtful design and rigorous software development that has also been informed by the needs of our current and past customers,” said Casepoint’s co-founder and CTO, Vishal Rajpara. “Our software’s excellence is matched by our exceptionally talented client service delivery team. We are excited to partner with the SEC to meet their goals and support their overall mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.”
Casepoint’s technology features blazing-fast, enterprise-class tools for full-spectrum e-discovery, including cloud collections, data processing, advanced analytics, artificial intelligence, full-strength review, and customizable productions. Casepoint supports workflows across millions of documents, multiple terabytes of data, thousands of legal matters, and unlimited numbers of users.
For more information about the next generation of e-discovery for the government, visit gov.casepoint.com.