eDiscovery for Financial Services Companies
Helping Banking, Securities, and Insurance Companies Manage Regulatory and eDiscovery Challenges
Financial services companies face a unique regulatory landscape and litigation profile. Lighthouse has the industry experience and innovative solutions to be a critical partner in all your matters.
Financial Services Legal Tech Expertise
Leading companies and law firms rely on Lighthouse.
Of the Largest Global Banks
AmLaw 200 Firms Serving the Industry
Engagements for FinServ Clients
eDiscovery Designed for Your Team
We apply exacting standards, an in-depth understanding of global regulations, and innovative technologies to deliver efficient outcomes and protect your bottom line.
Respond to Time-Critical Regulatory Requests
Comply in time, with FinServ-focused review solutions and AI-powered Privilege Review and Priv Log production.
Draw on Litigation Experts and Insights
Work with a team schooled in the case strategies and eDiscovery approaches ideal for your industry.
Take Control of Routine Tasks
Use our bespoke workflows to keep third-party subpoena responses and internal investigations in-house.
Analyze and Review All Your Data in a Single Platform
Lighthouse uses a combination of industry-standard and proprietary technologies to deliver data to your review team within your preferred review platform. We seamlessly integrate files from sources unique to your industry, such as:
- Bloomberg Chat
- Trader Voice Recordings
- SWIFT Transactions
- Activity Logs
- And many more
What Our Tech Clients Are Saying
This was the calmest I’ve been when getting ready to comply to a Second Request.
— Senior Counsel at a Tech Company
We expected nearly 190k documents would be subject to privilege review using our typical workflow. With [Lighthouse AI] and outstanding outside counsel, our actual results were just over 24k, resulting in a nearly 90% reduction in time and cost. The approach also surfaced privileged documents that our old workflow may have missed, giving us greater confidence in the process. [Lighthouse AI] is now a standard component of all our Privilege reviews.
— EJ Bastien, Director of Discovery Programs, Microsoft
See It in Action
Take a deeper dive into our AI for Privilege solutions in our interactive prototype.
FinServ Success Stories
1,300 Overly Inclusive Search Terms Identified
Responding to third-party document requests can rob your team of critical time and attention. These requests are not restricted by the requesting party’s need to reciprocate. So, they can create proportionality issues. A bank received a list of 2,100 keywords as part of one request, so they asked Lighthouse to identify a more reasonable keyword set.
See how we refined the keywords to reduce the burden of satisfying this request.
Using AI to Draft 2,200 Priv Log Descriptions
Regulatory agencies have strict Privilege Log requirements. Our proprietary Priv Log solution—based on our Participatory AI methodology—generates accurate, defensible descriptions that meet those requirements and dramatically reduces your time to production.
Find out how this bank satisfied an HSR Second Request with the help of Lighthouse AI.
Documents Removed Using AI TAR Model
Reach out to learn more about how Lighthouse helps legal teams in tech
More Resources for FinServ Legal and Compliance Teams
Here Today, Gone Today: Managing Third-Party Messaging Apps in a New Regulatory Environment
Read the article
Why Your Data is Key to Reducing Risk and Increasing Efficiency During Investigations and Litigation
Listen in
The Great Link Debate and the Future of Cloud Collaboration
Listen in
FAQs
Is M365 or Purview SEC 17a-4 compliant?
Yes, if a securities company has appropriate licensing, and the system is configured properly, it is.
Can Purview be used for forensic collection of meeting recordings and transcripts?
Yes, as of October 2024, meeting recordings and transcripts are stored in the meeting organizer's OneDrive (prior thereto, they were stored in the Exchange account of the user who enabled the recording).
Should regulated companies enable meeting recording and transcription features within M365?
The decision to enable recording and transcription features (or any feature within the M365 platform) should account for the business, legal and regulatory requirements. For recordings and transcription specifically, the business need should be weighed against the information governance and eDiscovery implications, where the volume of data generated and need to preserve and collect the data will increase. Costs and risks should also be evaluated against risk mitigation options, including for example, options for retention and deletion of data once it is no longer needed (legal hold remediation).
Get in Touch
Partner with legal technology experts who have been in your shoes. Fill out the form to connect with our team.
