Banking

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.

99.9%
time Reduction
$36M
cost Savings
360,000
hours Saved
99.5%
accuracy

JPMorgan Chase

Banking Industry

Duration: 18 months
Team Size: 12 people
Industry: Banking

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

Machine LearningNatural Language ProcessingDocument AILegal TechAutomated Compliance

Key Results

99.9%
time Reduction
$36M
cost Savings
360,000
hours Saved
99.5%
accuracy

Project Details

Client:JPMorgan Chase
Industry:Banking
Duration:18 months
Team Size:12 people

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