{"id":1108,"date":"2014-10-14T18:08:09","date_gmt":"2014-10-14T18:08:09","guid":{"rendered":"http:\/\/www.symphonytg.com\/?p=1108"},"modified":"2014-10-14T18:08:09","modified_gmt":"2014-10-14T18:08:09","slug":"consilio-launches-enhanced-bloomberg-chat-review-solution","status":"publish","type":"post","link":"https:\/\/stg.com\/news\/consilio-launches-enhanced-bloomberg-chat-review-solution\/","title":{"rendered":"Consilio Launches Enhanced Bloomberg Chat Review Solution"},"content":{"rendered":"

Consilio, a Symphony Technology Group (STG) company and a global leader in eDiscovery software and services, today announced the general availability of its innovative\u00a0<\/span>Enhanced Bloomberg Chat experience<\/a>. Consilio\u2019s end-to-end solution now streamlines the review of Instant Bloomberg\u00ae archives not only by storing richer, augmented data for better searching and discovery workflow structuring but also by introducing a real-time, dynamic filtering experience designed to accelerate reviews, lower costs, and yield better accuracy.<\/span><\/p>\n

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\nInstant Bloomberg\u2014or Bloomberg Chat, as it is commonly called\u2014is the leading chat tool used by the global financial community, generating a massive archive of discussions. Regulatory agencies require organizations to preserve these conversations, making them subject to discovery. Because these communications are often lengthy documents filled with duplicative and irrelevant content, they dramatically slow the progress of review and speed the onset of reviewer fatigue, increasing the risk of missing key relevant material. In addition, most eDiscovery solutions convert this special archive file type to e-mail format for handling, further complicating the attorney review experience.<\/p>\n

\n\u201cConsilio\u2019s solution solves the complexities normally associated with the review of Bloomberg Chat,\u201d according to Todd Mansbridge, Consilio\u2019s Vice President of Product Management. \u201cThe solution expedites clients\u2019 review of information and thus lowers costs in two primary ways. First, it optimizes the discovery workflow by allowing users to search for potentially relevant documents in a collection using a more robust set of chat-specific fields than e-mail archives allow. Second, it isolates important conversations within the transcript by quickly and dynamically filtering out irrelevant noise, which often makes up 95 percent of the content.\u201d<\/p>\n

\nAndy Macdonald, Consilio\u2019s Chief\u00a0Executive<\/span><\/a>\u00a0Officer, said, \u201cMany of Consilio\u2019s clients are prominent banks and other global financial institutions. They rely on Bloomberg Chat to facilitate business conversations, but given the inordinate amount of irrelevant content, it becomes an expensive thorn in their side in eDiscovery.\u201d He added, \u201cWe heard our clients\u2019 frustration with the difficulties and costs associated with reviewing Bloomberg Chat data, so we worked with them to develop a better way to handle these challenges.\u201d<\/p>\n

\nConsilio has pre-integrated and fully deployed its Enhanced Bloomberg Chat solution in its data centers around the world. These data centers, located in the United States, United Kingdom, Germany, Japan, Bangalore, and Hong Kong, have passed stringent security audits of many of the world\u2019s largest financial services institutions.<\/p>\n

\nFor further information about Consilio\u2019s Enhanced Bloomberg Chat solution, please visit\u00a0http:\/\/www.consilio.com\/solutions\/ediscovery\/bloomberg-chat\/<\/a><\/p>\n

\nAbout Andy Macdonald,\u00a0Chief\u00a0Executive<\/span><\/a>\u00a0Officer, Consilio<\/p>\n

\nAndy Macdonald is the Chief Executive Officer of Consilio, where he is responsible for all strategic and operational initiatives to ensure client satisfaction and grow the business. Andy holds more than 20 years of executive management experience across many industries and functional disciplines. Macdonald was a founding member of Consilio\u2019s predecessor, First Advantage Corporation, and served on\u00a0its\u00a0management<\/span><\/a>\u00a0team from 2003 to 2011, most recently as President and Chief Executive Officer.<\/p>\n

\nAbout Todd Mansbridge, Vice President of Product Management, Consilio<\/p>\n

\nAs Consilio\u2019s Vice President of Product Management, Todd Mansbridge is responsible for representing client interests in the company\u2019s product roadmap. During his 10 years with\u00a0the\u00a0company<\/span><\/a>, Mansbridge has developed a deep understanding of client needs and eDiscovery workflows by serving in a variety of functions including project management, operations analytics, and sales support. Throughout his career, Mansbridge has played an integral role in designing efficient document review workflows and managing support teams for complex and cross-border litigation and investigations.<\/p>\n

\nAbout Consilio\u00a0<\/span><\/p>\n

\nConsilio is an international eDiscovery and managed review provider with extensive experience in litigation, antitrust, second requests, and internal and external investigations. The company supports law firms and corporations with cost-effective, end-to-end litigation services that include data collection, computer forensics, expert testimony, multilingual and onsite data processing, hosting, and document review. Safe Harbor certified, the company can deploy its services rapidly and efficiently to clients anywhere in the world from offices and data centers in North America, Europe, and Asia. For more information, please visit\u00a0http:\/\/www.consilio.com<\/a>.<\/p>\n

\nAbout Symphony Technology Group<\/p>\n

\nSymphony Technology Group (STG) is a strategic private equity firm with the mission of investing in and building great technology and services companies. In addition to capital, STG provides transformation expertise to enable its companies to deliver maximum value to their clients, to drive growth through innovation, to retain and attract the best talent and to achieve best in class business performance. STG\u2019s current portfolio consists of 21 global companies. For more information, please visit\u00a0http:\/\/www.symphonytg.com\/<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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