Not all AI is created equal – The benefits of Large Language Models for Redaction
Over the last few weeks, we’ve discussed the importance of the secure application of redaction and how failure to to do so can lead to some embarrassing oversights. This week, we’re diving into how artificial intelligence (AI) can actually find the text to be redacted – but not just any AI. Let’s unpack this. The […]
The Most Secure Redaction Method
Redaction, the process of obscuring sensitive information in documents, is a cornerstone of data security and successful deal-making, particularly in the high-stakes world of mergers and acquisitions. Manual Redaction is a tedious and error-prone process (see our blog: “To Err is Human” – Redaction Challenges). Automated redaction that is accurate is not easy to achieve […]
Exploring the best approach to AI Redaction
In recent years, many suppliers now provide what they call “AI-Redaction.” However, what are the underlying technology methods, and are some approaches better than others? “AI-redaction” is a broad term that can cover techniques such as classical machine learning (ML) models, traditional search techniques and creating lists, and regular expressions (Regex). We’ve previously written about […]
The Power of AI-assisted VDR structuring
Before any Due Diligence can happen, the data room needs to be set up and structured. Data room indexing can be a time-consuming and laborious task – especially when the documents you need to upload are stored in an unstructured way. At Imprima, we develop tools to help with laborious and low value tasks like […]
Translation for International Bidders
The UK experienced a slow M&A Market in 2023. “This was down to a myriad of much-publicised economic challenges – not least soaring inflation, increased interest rates and geopolitical turbulence – which impacted business confidence.” Despite these challenges, the UK has remained “remarkably robust – if fragile”. In fact, in Bayes Business School’s “M&A Attractiveness […]
Everything you need to know about Smart Redaction
If you’ve been following our blogs or using Smart Redaction you’ll know that utilising an AI-based redaction tool has a myriad of benefits. This blog covers all the typical questions we usually get asked from clients about Smart Redaction, and provides the answers. What types of information can be automatically redacted? Smart Redaction can automatically […]
AI-Redaction that works in practice
AI redaction tools are designed to automatically detect and remove sensitive information from documents to ensure data privacy and security. In addition to accurate results, there are several important usability features that are crucial for a tool that will give you return on investment. Here are some key features you should look out for when […]
LLM-based AI – how accurate is it
In our previous post “Should we blindly trust AI?”, we discussed the main benefit of an accurate AI tool for information extraction. And that is that it saves the user time, and not that it takes the human out of the loop. At Imprima we like to be open about how accurate AI can be. […]
Should we blindly trust AI?
At Imprima, we believe no one should rely wholly on AI without careful thought, regardless of its accuracy. Even the most accurate AI can’t fully see issues the way you can. Why? Simply because the AI does not have the specific context and responsibilities that you have. At the end of the day, you own whatever […]
How Large Language Models change the game for Due Diligence Reviews
Technology deep dive (but don’t be put off if you are a non-technical person, we will keep it high-level) Last week we discussed why information extraction and automated document summaries for Due Diligence is a difficult nut to crack. This week we discuss how it can be done, with AI. But not just any AI. […]
Close, but no cigar: why pseudo AI fails to provide a solution to Due Diligence
Time Pressure and Error Understanding the risk or value of a company by reviewing its documentation is a time-consuming task, particularly when dealing with large volumes of documents or complex information. Time pressures can give cause to oversight. and we’ve seen this in the past with examples such as Caterpillar and Siwei (2010) in which […]
The VDR as your AI Due Diligence Hub
Virtual Data Rooms (VDR) have transformed the way M&A takes place, providing both security and convenience to the transaction. With the now extensive capabilities VDRs offer, from document management, audit trails, detailed user permissions and Q&A functionality, to advanced reporting, and in some VDRs AI-based redaction, the VDR is an essential element of nearly all […]
The rise of automated tools for Due Diligence
The deluge of data in the last decade The massive increase in data over the past decade has significantly impacted the Due Diligence process in M&A. The volume of data that companies now have related to operations, customers, financials, etc. has exploded. This means more data to collect, process, and analyse during Due Diligence. The […]
Secure Redaction
AI redaction needs to be accurate (read more), automatic (read more), and easy to use. However, all these features are worthless if you can’t rely on the redaction to be securely implemented. You need to have the confidence that the people viewing the redacted documents can’t see what has been redacted, unless they are permitted. […]
Customised AI-redaction – making sure it redacts what you want redacted
Last week, we addressed the challenge of achieving perfect accuracy in automated redaction. We emphasised that even with the most advanced technology, perfect recall and precision are not feasible, despite what some vendors may claim. Contrary to the practice of other vendors, we like to be open about our accuracy statistics, and you can read […]
Accuracy of AI-redaction
In our previous blog post we discussed how advanced AI technology – driven by Large Language Models – can be used for automatic redaction of sensitive information. We mentioned that very high accuracy can be achieved with such technology. In this post we will show that the latter is indeed the case. Recall We already […]
Large Language Models for Automated Redaction
Technology deep dive (but don’t be put off if you are a non-technical person, we will keep it high-level) Last week we discussed how time limits and the likelihood for error make manual redaction very challenging, and why even automated redaction is a difficult nut to crack, at least with traditional search methods, and “Regular […]
“To Err is Human” – Redaction Challenges
Time and error Redacting documents can be time-consuming, particularly when dealing with a large volume of documents or complex information. Time pressure can arise due to impending deadlines, or the need to share information quickly while ensuring data privacy. When there isn’t enough time allocated for redaction, there is an increased risk of errors. We’ve […]
