Merlin and Quointec release ARM Communications Advisor
Denver CO—Merlin Digital Magic and Quointec, a technology subsidiary of Actuate Law, jointly announced completion of the beta program of the ARM Communications Advisor and its general release to the FinTech market. The software was designed to help large-scale debt buyers manage accounts receivable collections in accordance with federal and state regulations. The platform merges legal advice from Actuate Law with the compliance workflow and hosting expertise of the Merlin Digital team. ARM Communications Advisor is hosted securely in the AWS cloud in a shared-nothing environment. This allows each client to control the security around and access to their data.
Here is more about the ARM Communications Advisor.
Solving a Receeivables Problem
A leading national NewLaw firm, Actuate Law LLC, asked us to build a system their clients could use to keep up with the latest federal, state and local regulations for debt collection and to allow them to audit their agencies’ collection efforts across the country.
Working with Actuate Law, we built the ARM (Accounts Receivable Management) Communications Advisor. It integrates legal advice and rule-based alerts into a search and review platform for fair debt collections practice auditing. Once they subscribe to this next-generation compliance system, clients can rest easy knowing their debt collection agencies are following the latest federal, state and local laws, all of which they can easily demonstrate to upstream clients (original debt holders) and to government regulators through regular audit reports.
Of Interest . . .
In this video, CEO John Tredennick provides an introduction to the next generation of search, which we call Search 2.0.
What is Search 2.0? In simple terms, it is the seamless integration of keyword and algorithmic search in a single platform.
What is algorithmic search? It is the use of a smart algorithm like Sherlock® to help find relevant documents. Think of Sherlock as Pandora for finding great documents (rather than great music).
This is a quick introduction to Sherlock, the first AI-powered digital document bloodhound.
In this case we are looking for documents relating to whether taxpayers should subsidize sports stadiums in Florida. We have collected 1.9 million emails from Governor Jeb Bush’s two terms as governor of Florida.
Can Sherlock help find documents relevant to our investigation? Watch this short introduction to Sherlock and see for yourself.
Sherlock’s mission today is to find documents relating to the debate over global warming and climate change and to help determine Governor Bush’s position on the subject.
The problem is that many of the documents Sherlock finds are similar in content and language. Traditional document reviewers have to go document by document to find relevant information. Sherlock has a better way. Watch has he brings back 50 documents at a time, clusters them by similar content and allows reviewers to intelligently tag clusters with a single click. Can we review 50 documents in 5 rather than 50 minutes?