Deloitte Now Offering Proactive Monitoring of Electronic Communications With Relativity Trace Bookmark has been added
Deloitte Now Offering Proactive Monitoring of Electronic Communications With Relativity Trace
NEW YORK, May 20, 2019—Deloitte has expanded its strategic alliance with Relativity to offer Relativity Trace, a compliance monitoring application, to help clients more proactively detect and mitigate violations of industry regulations and organizational electronic communication (e-communication) policies.
Housed on Relativity’s cloud-based platform—RelativityOne—or elsewhere, Relativity Trace offers proactive compliance monitoring for e-communications that can connect to most major enterprise and financial collaboration systems. Capturing structured and unstructured data from more than 40 sources including email, audio, chat, and other file types, the solution offers near-real-time alerts on high-risk activities like fraud or collusion that necessitate closer analysis.
“Whether your industry is highly regulated or not, having a solution in place to identify and alert legal, compliance, risk management and other teams when possible noncompliant behavior occurs can mean the difference between containment and crisis,” said Chris May, Deloitte Risk and Financial Advisory principal and discovery practice leader, Deloitte Transaction and Business Analytics LLP. “Using a fully customizable solution across enterprise data to identify activity requiring deeper investigation can help accelerate efforts to manage investigative, litigation and regulatory matters, as well as corporate e-communication policy concerns.”
Jordan Domash, general manager of Relativity Trace for Relativity, added, “Increasingly our clients are asking for ways to identify high-risk behavior occurring in their businesses. To us, a proactive automated approach with integrated machine learning is key to culling massive amounts of data and reducing false-positives. That said, for such automation to work well, it needs to be customized and monitored by seasoned investigative professionals.”
Proprietary accelerators Deloitte has built on top of Relativity’s platform include easy-to-understand dashboards, artificial intelligence-enabled contract review, custom analytics, audio transcription, FOIA and other records disclosure management and a suite of time-saving automation enhancements such as translation, redaction, and redaction propagation. Deloitte is part of the RelativityOne Certified Partner program.
With Relativity offered in 28 countries and supported by more than 130 Relativity-certified professionals, the 1,100-member Deloitte Discovery team helps clients manage litigation, investigations and regulatory compliance matters around the world.
At Relativity, we make software to help users organize data, discover the truth, and act on it. Our e-discovery platform is used by thousands of organizations around the world to manage large volumes of data and quickly identify key issues during litigation, internal investigations, and compliance projects. Relativity has over 180,000 users in 40+ countries from organizations including the U.S. Department of Justice, more than 70 Fortune 100 companies, and 198 of the Am Law 200. RelativityOne offers all the functionality of Relativity in a secure and comprehensive SaaS product. Relativity has been named one of Chicago's Top Workplaces by the Chicago Tribune for eight consecutive years. Please contact Relativity at email@example.com or visit http://www.relativity.com for more information.
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90 percent of the Fortune 500 and more than 5,000 private and middle market companies. Our people work across the industry sectors that drive and shape today’s marketplace to make an impact that matters—delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them.