FTI Technology Launches Radiance Software Platform
January 26 2016 - 7:30AM
FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm
dedicated to helping organizations protect and enhance their
enterprise value, today announced the launch of RadianceTM, a new
visual analytics software platform that enables organizations to
dynamically investigate and understand their enterprise data.
Developed by FTI Consulting’s Technology segment, Radiance is now
available either as a cloud-based service or as a rapid deployment
mobile option.
“Mission-critical information resides across disparate systems,
from legacy applications inside the corporate firewall to
third-party cloud software, and this data can make or break an
investigation or legal matter,” said Eddie O’Brien, Senior Managing
Director in the Technology segment at FTI Consulting and primary
inventor of Radiance. “Organizations need an easy-to-use, scalable
platform that connects with their data and enables users to
iteratively investigate and quickly act upon the information.
Radiance delivers against this need with speed and visual analytics
that help users rapidly identify key custodians, date ranges and
document types during early case assessment (“ECA”) or an
investigation to determine the social network, communication
pattern and information shared by key custodians.”
According to Gartner’s ‘State of E-discovery in 2015 and Beyond’
report (Jie Zhang, Garth Landers, February 13, 2015), the following
business trends are impacting how corporations respond to legal and
compliance matters:
- “Rapid data growth and risk concerns have propelled many
organizations to rethink their current e-discovery practices and
technology. This is triggering a new cycle of technology upgrades,
with the focus on analytic capabilities.
- Migration to Office 365 has set off evaluation discussions and
upgrade projects on e-discovery processes and tools.
- New data sources and increasing concerns about data sovereignty
are driving emerging requirements and expanding the consideration
of e-discovery scope and technology usage.”
Radiance is designed to assist at the intersection of these
three organizational needs. Radiance allows organizations to
connect, enrich, analyze and visualize millions of documents from
these disparate sources in a single, elegantly designed user
interface. With a powerful search engine and a library of advanced
visualizations – including social networking, communication
patterns, concept clustering and timelines – Radiance can aid
organizations in a number of common use cases, including
investigations, early data assessment and the identification of
high-risk data, such as personally identifiable information
(“PII”). Radiance provides a natural complement to FTI Consulting’s
Ringtail® legal review software, and is delivered in the cloud
through the Ringtail Software as a Service (“SaaS”)
environment.
Designed for speed and scalability, Radiance is built on NoSQL
technology and powered by a flexible workflow to:
- Connect: Link with, quickly ingest and process
data from a wide variety of sources, including legacy file systems,
Office 365, Google Docs, local file systems and social media
sites.
- Enrich: Extract concepts and specific types of
data, such as credit card numbers or other PII, de-duplicate
redundant data and classify documents by languages and concepts for
deeper analysis.
- Analyze: Search, browse and explore data and
concepts with powerful analytics using metadata, including date,
custodian, language, social network and communication
patterns.
- Visualize: Cut through the data to hone in on
important concepts, timelines, relationships, social networks and
other variables with interactive and dynamic visualizations.
“Starting with tens of millions of documents, a Radiance user
can zero in on a specific data range, an online interaction among a
social network, all materials in a specific language and dozens of
other metadata variables – all within seconds,” said JR Jenkins,
Senior Director in the Technology segment at FTI Consulting. “This
scale gives organizations an incredible amount of control and
insight into its data, even as the volume and variety of data
grows.”
Development of the Radiance software platform is the latest
example of FTI Technology’s innovation within the legal industry.
FTI Technology has received numerous honors from the legal and IT
industries for software innovation, including selection by The
National Law Journal, The Legal Intelligencer, The Recorder and
KMWorld, as leaders within e-discovery software and services. FTI
Technology was also included in the ‘Leaders’ quadrant of Gartner’s
‘Magic Quadrant for E-Discovery Software’ report (Jie Zhang, Garth
Landers, May 18, 2015).
Radiance demonstrations will be available at the Legaltech New
York 2016 conference from February 2-4, 2016 in booth 2100. For
more information, please visit www.ftitechnology.com.
About FTI ConsultingFTI Consulting, Inc. is a
global business advisory firm dedicated to helping organizations
protect and enhance enterprise value in an increasingly complex
legal, regulatory and economic environment. With more than 4,400
employees located in 26 countries, FTI Consulting professionals
work closely with clients to anticipate, illuminate and overcome
complex business challenges in areas such as investigations,
litigation, mergers and acquisitions, regulatory issues, reputation
management, strategic communications and restructuring. The Company
generated $1.76 billion in revenues during fiscal year 2014. For
more information, visit www.fticonsulting.com and connect with us
on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc.
1101 K Street NW
Washington, DC 20005
+1.202.312.9100
Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
Kate Holmes
+1.206.373.6521
kate.holmes@fticonsulting.com
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