JPMorgan Chase Document Intelligence Automation
Manual review of 12,000 commercial credit agreements annually, taking 360,000 hours of lawyer time and costing $36M per year. The process was error-prone, time-consuming, and unable to scale with growing business demands.
JPMorgan Chase
Banking Industry
The Challenge
Manual review of 12,000 commercial credit agreements annually, taking 360,000 hours of lawyer time and costing $36M per year. The process was error-prone, time-consuming, and unable to scale with growing business demands.
The Solution
Deployed AI-powered contract analysis system using machine learning to extract key terms, identify risks, and automate compliance checks. The system processes documents in minutes instead of hours and provides comprehensive risk analysis.
The Results
Reduced document review time by 99.9%, saved 360,000 hours annually, and achieved $36M in cost savings while improving accuracy to 99.5%. Lawyers now focus on high-value strategic work instead of routine document review.
Technologies Used
Key Results
Project Details
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