Founded on breakthroughs in arti fi cial intelligence at the University of Cambridge and trained by legal experts, Luminance transforms the approach to handling big data. Luminance understands language the way humans do, in volumes and at speeds that humans will never achieve. Luminance provides an immediate and global overview of any company, picking out warning signs without needing any instructi on.

The Luminance platf ormLuminance revoluti onises the current process of due diligence. A new class of document analysis soft ware pairs the computi ng power of arti fi cial intelligence with human training and experience. Luminance processes large, complex and fragmented data sets within an hour, and presents the enti rety of the data room in a highly intuiti ve visualiser. Sophisti cated document clustering and fi ltering takes place in a secure environment, providing advisors with an instant, incisive understanding of a company. This enables them to focus their review where it matt ers most and eliminate administrati ve tasks.

Understand the whole corporati onThe average M&A data room contains 34,000 pages of documentati on. This barely scratches the surface of the available informati on. Our unique soft ware digests the enti re data room in one sitti ng and can easily handle more. Luminance’s visualiser turns unstructured data into meaningful informati on, providing both a global overview of the company and a forensic insight into the documents.

Make teams more producti veLuminance prioriti ses review, and enables you to easily allocate tasks and track the progress of the enti re team. The real-ti me overview allows for a closer relati onship between you and your client. Automati cally generate reports at the click of a butt on. In-house teams can do what they were trained to do, not doing administrati ve tasks.

Faster more accurate reviewOur groundbreaking algorithms mean Luminance understands language as humans do, rather than simply relying on keyword search. Luminance is self-learning and uncovers anomalies or even missing data without being told to look for them. And the more you use it, the bett er it becomes.

Find hidden risks from day oneLuminance immediately identi fi es potenti al risks in the data room. The highest potenti al risks can be reviewed on day one, not the night before the deadline. Luminance sorts by document and clause type, currency, language and geolocati on to make navigati on of the data room more intuiti ve than ever before.

ARTIFICIAL INTELLIGENCE FOR DUE DILIGENCE

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Luminances key benefi ts:

Increase producti vity

Focus on high value work

Prioriti se your review to focus on what matt ers

Instantly hightlight anomalies which may identi fy risks

Create a ti ghter feedback loop, both within a team and with clients

About LuminanceLuminance is a revoluti onary technology founded on breakthroughs in arti fi cial intelligence at the University of Cambridge, and trained by legal experts. The company is backed by Invoke Capital, an investment fund dedicated to unlocking the potenti al of European technology. Luminance is a new class of document analysis soft ware that will transform our approach to handling big data. Luminance allows the computi ng power of arti fi cial intelligence to complement the sophisti cated human mind. By understanding language as humans do, recognising patt erns and uncovering hidden risks, Luminance provides both a global overview and a forensic insight into a company.

+44 (0) 20 7839 6798 info@luminance.com luminance.com

To see a full demonstration of the Luminance platform, please email demo@luminance.com

Clause identi fi cati onLuminance uses machine learning to understand the complex language of legal clauses. It tags key clause types, facilitati ng a criti cal review of documents. Notes can be added directly and included in a fi nal detailed report.

Data visualiserLuminance’s easily navigable and intuiti ve interface streamlines the process of due diligence. The visualiser off ers an intelligent and comprehensive overview of all the contents of the dataroom. Luminance groups documents by type, currency, language and geolocati on, and enables users to review documents and assign tasks instantly.

Anomaly detecti onLuminance is able to detect anomalous and potenti ally concerning clauses, even by their absence, far more quickly and accurately than the human brain can. Users can prioriti se their review by focusing on the details that really matt er.

Why is arti fi cial intelligence important for due diligence?Due diligence is a complex, ti me-sensiti ve and high-risk task. Contract review is usually conducted by newly-qualifi ed lawyers who spend long hours over late nights and weekends reading hundreds of pages, a process which is subject to human error. Luminance helps lawyers to categorise, review and analyse thousands of documents and contracts in the data room. This new form of understanding allows for incredibly powerful search and fi lter capabiliti es, increasing the effi ciency of contract review by at least 50%. Furthermore, the ability to identi fy anomalous contracts and clauses greatly minimises the risk of missing key informati on in contracts.

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