Recommind, a provider of predictive information management software, announced a strategic hosting and sales alliance with LexisNexis to provide hosted eDiscovery review and analysis. Axcelerate On-Demand is the hosted version of Recommind's Axcelerate Review & Analysis product. It combines all the features of the Axcelerate Review & Analysis on-site software, including Predictive Analytics, Predictive Coding, processing, review, analysis and production, with the security, scalability and ease-of use of a hosted solution, according to a release.
Axcelerate On-Demand also enables multiple parties to confer and collaborate on a single matter through a secure, centralized web-based interface, Recommind said.
Through its hosted litigation solutions group, LexisNexis provides a service litigation offering which includes a hosted approach to managing discovery and pre-discovery documents that now offers access to Recommind's Axcelerate On-Demand to help meet case by case needs or as part of a dedicated firm-wide solution.
The new offering includes new infrastructure capabilities with a robust, globally diverse IP network from LexisNexis, as well as business continuity in the event of a disaster or unforeseen event such as severe weather, prolonged power outage or major data center event.
"With non-stop growth in US litigation and increased regulatory review, corporations and law firms are increasingly in need of a cost effective and technologically advanced eDiscovery solution that can be rapidly deployed," said Bob Tennant, CEO of Recommind.
"LexisNexis has an ongoing commitment to provide law firms with a complete portfolio of world class solutions and services that help deliver better outcomes to customers as they achieve excellence in the business and practice of law," said Terry Williams, VP of Hosted Litigation Solutions at LexisNexis.
"Our new alliance with Recommind provides a centralized, web-based solution that will enable enterprises and law firms to easily, securely and economically review information and meet budgetary constraints and impending deadlines no matter the size or complexity of the case at hand."
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio