Case Study: a large commercial bank achieves 50x faster document production with Epiq AI™ for Review

Financial Services Institution and Leading Law Firm Leverage AI on Multiple Company-Impacting Matters

The customer, a large commercial bank, faced a significant challenge complying with subpoenas from multiple regulators as part of a sweeping investigation. They had eight million documents to review and tag with a complex protocol, but their initial production rate was only 400 documents per week. To address this, the bank engaged Epiq and utilized their Epiq AI™ for Review service.

Epiq implemented a solution that trained a dedicated AI model for each regulator's request, which dramatically streamlined the review process. This allowed the bank to ramp up production by 50 times to 20,000 documents per week, ultimately producing one million documents. The results included a 90% reduction in cost and the achievement of defensible accuracy rates above 80% recall and 70% precision.