Use the power of AI to FIND & REVIEW LIBOR dependencies in 1000s of documents:
Imprima Smart Review can help you to review 1000s of documents for LIBOR language with greater accuracy and only in 10% of the time.
Here are 2 critical steps in LIBOR transition where using AI delivers instant results:
Problem: Hundreds of thousands of documents may reference LIBOR: mortgages, loans, deposit facilities, floating-rate notes, CDOs and CMOs, company pension schemes. And the list goes on.
Solution: Simply upload your dataset and review a handful of documents allowing the AI to learn from your behaviour. Smart Review will automatically classify your documents and red-flag any documents containing LIBOR language.
Problem: Your contracts may include “Fallback” terms setting out what will happen when LIBOR is not available.
Solution: Smart review will find the fallback clauses you may need to amend. Once identified, you can check the fallback terms, what they mean for your financial product and whether they need to be amended.
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