(MENAFNEditorial) Counselytics launches limited partnership agreement and alternatives investing analytics and business intelligence tools.
New York -- Counselytics has deployed its cutting edge AI technology in the alternatives investing space a $7.5+ trillion rapidly expanding industry.
Using the worlds most sophisticated machine learning technology Counselytics offers a fast economical and automated process to find and analyze LPAs wherever they reside. We augment contract review to lower costs minimize risks and accelerate the process of LPA analysis and management.
As Counselytics finds and centralizes LPAs it classifies and extracts up to 35 key partnership terms including details on fees and expenses waterfalls taxation and governance. Counselytics also works as a question answering system with the ability to query for specific issues related to the LPAs and the system returns both the correct answer and the most relevant sections of the LPA. The technology can analyze new incoming LPAs alongside historical documents which gives the user the ability to benchmark all the historical data and use that for comparisons.
Founder & CEO Jason Gabbard noted: "The bottom line is that Counselytics is going to help clients analyze deals faster control risks more tightly and save costs. Our technology will be massively disruptive in this space."
The company already counts several "top 50 LPs" as clients.
About Counselytics
Counselytics brings the power of big data analytics to the universe of commercial agreements. We analyze organize and manage important data inside of contracts. Fortune 500 companies top banks and hedge funds and some of the worlds most successful entrepreneurs trust us to facilitate and improve their important business processes. Counselytics customers deploy their technology in a variety of contexts to optimize due diligence to abstract complicated documents to analyze new documents and deals more quickly and to retrieve and organize previously trapped data. Counselytics is based in New York City was founded by a former Cravath attorney and a Cambridge computer scientist and is backed by a world-class group of investors including Joe Lonsdales 8 | Partners and Gavin Solotar former Greenhill General Counsel and Wachtell Lipton corporate partner Metamorphic Ventures Great Oaks and former Founders Fund partner Bruce Gibney.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.