Cambridge, UK, 13th December 2018. ThoughtRiver, the Cambridge-based leader in contract pre-screening technology, today announces that it has been awarded funding from Innovate UK for a £400,000 development project working alongside Professor Ted Briscoe, a well-known computational linguistics expert at Cambridge University.
ThoughtRiver – whose platform automatically reads and reviews commercial contracts for pre-screening purposes – works with large multinational companies and law firms in US, Europe and Asia Pacific.
The radical research concept – codenamed DBA – represents a significant advance in the ability of computers to rationalise complex problems in novel scenarios based on self-taught logic. The resulting technology will enable increasingly sophisticated and higher-level questions about previously unseen contracts to be automatically answered.
The project will be progressed in collaboration with Ted Briscoe’s NLP...