Global business advisory firm FTI Consulting Inc. (FCN) declared that its technology segment is on the verge of launching an upgraded version of its flagship Ringtail e-discovery software. Ringtail software, the only visual predictive coding software for legal review, helps legal teams in document review and predictive coding.
Ringtail's predictive coding delivers a distinctive, simple visual approach to forming and training a classifier to code large document sets swiftly and defensibly. This eliminates the need of conducting costly human review on thousands of training documents. Ringtail users can start the process by simply coding documents and using the coded materials to establish the best documents with which training the predictive coding model can be continued. This can translate to significant cost savings and improved team efficiency.
The newest edition of the Ringtail e-discovery software incorporates many enhancements and additional features to boost the speed and competence of review for legal teams during discovery. The improvements will enable users to search for information quicker and also help them switch faster between multiple, integrated visual analytics tools. The modernized user interface, combined with Ringtail's scalable database and state-of-the-art visual analytics, will improve user productivity.
Other new features include macro-to-micro analytics and visual advanced search. Also, its new integrated processing assists in optimizing workflow with engaging dashboards, quick ingestion and flexible configuration options.
Ringtail was recognized as a leading e-discovery software solution for legal review by publications such as The National Law Journal and KMWorld. The software has been validated by industry analysts, vendors and knowledge management practitioners as an outstanding product with a complete spectrum of options for handling varied e-discovery matters.
FTI Consulting currently has a Zacks Rank #2 (Buy). Other stocks in the consulting industry that look promising and are worth a look include Gartner Inc. (IT), CRA International Inc. (CRAI) and CBIZ, Inc. (CBZ). While CRA International and Gartner hold a Zacks Rank #1 (Strong Buy) each, CBIZ sports a Zacks Rank #2.
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