Kira’s state-of-the-art machine learning technology automatically identifies and extracts information from contracts and comes with 190 credit/facility agreement smart fields, over 100 ISDA smart fields, and over 40 commitment letter smart fields. If the engagement requires the review of additional or unusual information, Kira Quick Study can be used to identify virtually any desired clause. Easily provide clients with up-to-date information on the status of the project and tailor and export summaries of the review in any format. Kira’s tags and/or summaries can also be used to spot provision trends, outliers and collect sample language.
Track Debt Terms and Minimize Deal Risks
Institutional lenders must devote significant resources to collecting important data from credit/facility agreements in order to manage their existing relationships and understand market trends for future negotiations. Finance lawyers are also under incredible time pressure to deliver detailed reviews of these agreements in order to meet rigid transaction deadlines.
Kira Systems’ solution makes this easy, allowing users to complete finance document reviews in half the time while increasing the accuracy of their review. Lenders can expedite risk management processes and other day to day review requirements by extracting only relevant provisions and data points to circumvent layers of excess human-level review. If working on an M&A transaction, finance professionals can coordinate with their corporate counterparts to quickly elevate any issues that are identified and provide status updates to clients whenever they are requested.