Transcript of Video
Introduction
Hello there, my name is Megan and I am a product developer at Verifi.
The purpose of this short video is to demonstrate what Verifi can do and how it transforms the way in which the legal verification of documents can be done, saving a huge amount of time, hassle and cost. Verifi is a cloud based platform that seamlessly integrates with your firm’s software applications.
Using artificial intelligence, our software quickly identifies statements that need to be verified and then links such statements to the relevant information to verify them from within the virtual data room or the web. The platform is designed to allow multiple users to work either independently or collaboratively as required to get the verification job done quickly, efficiently and accurately. The end result is a bespoke verification note in your firm’s house style with the links to a digital bundle of verification attachments.
There are three key unique features of our product: Auto-annotation, Semantic Search and Version Control.
Annotation
Project Creation
The first thing we need to do before we can begin verifying our document is to create a project on Verifi.
For the purposes of this video, we will be demonstrating the product on a Rule 2.7 Announcement.
Project List
There may be multiple projects set up on the Verifi platform. As a user you are given access only to those projects that have either been created by you, or have been assigned to you by another member of your team. Each column on the list describes a characteristic of the project: the name of the project, the type of document(s) being verified, the project lead, and the date when it was last modified.
Project Member Roles
We can now select members for this project. There are three project member roles: project lead, editor and collaborator. The project lead is the member who has created the project and has all permissions to the project. Editors have the same permissions as the project lead except that they may not archive a project nor can they remove the project lead from the project. Collaborators cannot approve annotations and all of their actions require approval from editors or the project lead. The software is highly configurable so that you can determine on each project the requisite levels of authority and supervision.
The Auto Annotation Function
Once the document has been uploaded, it will shortly generate auto-annotations. These annotations signify statements of fact or Directors’ beliefs and assertions that the software believes need to be verified. The user can navigate through these annotations either by clicking on the arrows on the top bar or on the bottom right corner, or by selecting each annotation number on the page or on the left hand navigation column.
You will notice that the selected annotation will be highlighted in blue and a decision panel appears presenting you with 5 options: hide number, reject, split, accept, or add part.
Where the auto-annotation number appears in a paragraph, clicking on the hide number function causes the auto-annotation number to disappear, allowing a full view of the text.
To reject an annotation proposal either select ‘reject’ on the panel, or the bin icon in the left hand column.
To split an annotation into separate annotations, select ‘split’ and move the handle at the end of the blue highlighted portion of the text to the position you want the first annotation to end. Select the green tick to save your changes.
To accept an annotation proposal, simply select ‘accept’.
To add an additional part to an existing annotation, select ‘add part’ and manually select the text you wish to include. You could also adjust the size of an existing annotation by moving the handle where the annotation ends to your new end point. Then select accept. (use condition list)
There are a few other customisation options. The join function allows you to merge two separate annotations into one. To do so, select the annotations you wish to join by clicking on the boxes in the left hand navigation column. Click on the join button that automatically appears.
To create a manual annotation, simply click the textbox icon and drag your cursor across the part of text you wish to create an annotation for, then select ‘create annotation’.
It is worth noting that individual statements or paragraphs for verification can be allocated to users outside of the law firm e.g. individuals in the client company or other advisers like the investment bank or their lawyers. The platform facilitates effective collaboration between parties that saves time and multiple email chains.
Once the user has identified all of the statements to be verified and these have been approved as necessary by their supervisor, the team can then move onto the stage of finding the supporting evidence to verify the identified statements.
Dashboard
Throughout the entire verification process, project leaders and editors have access to a project dashboard to give them an overview of all tasks and stages of completion. To access the dashboard, go to settings and select ‘project dashboard’. To return to your document, select ‘project workspace’.
Semantic Search (Finding the Supporting Documentation)
The second unique element of the software is its ability to quickly and accurately find the supporting evidence to enable the verification of the statements identified. The software searches the contents of the virtual data room and identifies what it believes are the sources of information to verify each statement, ranked by best match. There will also be an ability to search beyond the data room on the web.
An accepted annotation is highlighted in yellow. Selecting the accepted annotation presents the user with another decision panel. To link supporting information to the annotation, the user selects ‘find supporting information’, which summons a window previewing potential source matches. These previews include the name of the document being used, a snippet of the quote, as well as a ranking of the result, where it is given both a star rating and a percentage score. Expanding the window allows the user a better view of all the potential evidence available.
Clicking on the document name in blue provides us with the location in the supporting document where the evidence originates. This also gives us more context to the quote which may help us decide whether it is relevant or not. If there are multiple propositions derived from the same document, the arrow button on the banner allows us to navigate the various propositions.
To upload a supporting document, select the document tab and click on ‘add document’. Documents can be manually uploaded individually or in bulk. This tab also allows the user to see what supporting documents have already been uploaded.
If there is a specific piece of evidence that the user expects to see as a proposition, the keyword search allows you to select words that are of particular relevance to the identified statement.
To link the evidence to the annotation from the propositions list, select ‘link’. To link the evidence from inside the supporting document, select ‘link’ from the decision panel.
If the highlighted statement is an assertion, and thus there is no supporting information applicable, select the quotation button to add an assertion. There are two assertion types available: self evident and management representation. There is also an option to add an assertion tag of your choice. Then select save. This tag can also be amended at a later stage.
In the list of annotations, a linked annotation will show a blue chain icon. Statements with assertions will show a blue quotation mark. An approved link to a supporting document causes a yellow highlighted annotation to turn green to denote that the statement is fully verified.
Version Control
Verifi facilitates an easy and dependable transference of accepted and verified annotations with every new version of the transaction document being worked upon. To transfer existing annotations, select ‘manage document versions’. The Document Version List lists all previous archived versions of the document, including details about how many annotations were in each version, when it was last modified, when it was uploaded, and by which project member.
To revert to a previous archived version of the document, select the ‘restore’ icon. To view a previous version in a read only mode, select the ‘go to workspace’ icon.
To upload a new version, select ‘upload new version’. Then drag and drop your document or click ‘upload’.
The software compares the document versions side by side to determine what changes have been made in the new version and will identify the number of editorial changes made. These changes will also be highlighted in both documents.
When you are happy for the annotations to be transferred, click continue. All other project members will be temporarily suspended from accessing the previous document version until the transfer is complete.
The software will produce three categories of coloured annotations. Annotations transferred with no change to underlying text (green), annotations for review as some changes to underlying text (yellow), and annotations not being transferred as statement has been removed (red).
Annotations for review must be accepted or rejected via a decision panel before the annotations can be transferred. There is the option to modify the annotation by dragging the handle or clicking ‘add part’. The user may also want to review the annotations not being transferred to ensure this is correct. Select ‘Complete Document Update’ to effect the transfer.
Once you have transferred annotations, the new version will be available to all project members for editing and review.
Verification Note
When the document has gone through all the steps of verification, we can generate the verification notes for this transaction. Access the project dashboard via settings and select ‘generate report’. This summons a preview of all the statements that have been verified within the document. Verifi provides the ability to download both the verification note and the associated bundle in either our house style or the style of the user so this can be reviewed offline, creating flexibility for a wide range of user types.
Hopefully this short demonstration of Verifi enables you to understand what the software does and how user friendly the interface is. It goes without saying that it has the highest levels of platform security and all customer data is fully encrypted at all stages.
Verifi is a truly game changing legal software proposition that, thanks to its AI capabilities, will change for good the time taken for and the way in which legal verification is undertaken. It has been designed for lawyers by lawyers.
Transcript of Video
Introduction
Hello there, my name is Megan and I am a product developer at Verifi.
The purpose of this short video is to demonstrate what Verifi can do and how it transforms the way in which the legal verification of documents can be done, saving a huge amount of time, hassle and cost. Verifi is a cloud based platform that seamlessly integrates with your firm’s software applications.
Using artificial intelligence, our software quickly identifies statements that need to be verified and then links such statements to the relevant information to verify them from within the virtual data room or the web. The platform is designed to allow multiple users to work either independently or collaboratively as required to get the verification job done quickly, efficiently and accurately. The end result is a bespoke verification note in your firm’s house style with the links to a digital bundle of verification attachments.
There are three key unique features of our product: Auto-annotation, Semantic Search and Version Control.
Annotation
Project Creation
The first thing we need to do before we can begin verifying our document is to create a project on Verifi.
For the purposes of this video, we will be demonstrating the product on a Rule 2.7 Announcement.
Project List
There may be multiple projects set up on the Verifi platform. As a user you are given access only to those projects that have either been created by you, or have been assigned to you by another member of your team. Each column on the list describes a characteristic of the project: the name of the project, the type of document(s) being verified, the project lead, and the date when it was last modified.
Project Member Roles
We can now select members for this project. There are three project member roles: project lead, editor and collaborator. The project lead is the member who has created the project and has all permissions to the project. Editors have the same permissions as the project lead except that they may not archive a project nor can they remove the project lead from the project. Collaborators cannot approve annotations and all of their actions require approval from editors or the project lead. The software is highly configurable so that you can determine on each project the requisite levels of authority and supervision.
The Auto Annotation Function
Once the document has been uploaded, it will shortly generate auto-annotations. These annotations signify statements of fact or Directors’ beliefs and assertions that the software believes need to be verified. The user can navigate through these annotations either by clicking on the arrows on the top bar or on the bottom right corner, or by selecting each annotation number on the page or on the left hand navigation column.
You will notice that the selected annotation will be highlighted in blue and a decision panel appears presenting you with 5 options: hide number, reject, split, accept, or add part.
Where the auto-annotation number appears in a paragraph, clicking on the hide number function causes the auto-annotation number to disappear, allowing a full view of the text.
To reject an annotation proposal either select ‘reject’ on the panel, or the bin icon in the left hand column.
To split an annotation into separate annotations, select ‘split’ and move the handle at the end of the blue highlighted portion of the text to the position you want the first annotation to end. Select the green tick to save your changes.
To accept an annotation proposal, simply select ‘accept’.
To add an additional part to an existing annotation, select ‘add part’ and manually select the text you wish to include. You could also adjust the size of an existing annotation by moving the handle where the annotation ends to your new end point. Then select accept. (use condition list)
There are a few other customisation options. The join function allows you to merge two separate annotations into one. To do so, select the annotations you wish to join by clicking on the boxes in the left hand navigation column. Click on the join button that automatically appears.
To create a manual annotation, simply click the textbox icon and drag your cursor across the part of text you wish to create an annotation for, then select ‘create annotation’.
It is worth noting that individual statements or paragraphs for verification can be allocated to users outside of the law firm e.g. individuals in the client company or other advisers like the investment bank or their lawyers. The platform facilitates effective collaboration between parties that saves time and multiple email chains.
Once the user has identified all of the statements to be verified and these have been approved as necessary by their supervisor, the team can then move onto the stage of finding the supporting evidence to verify the identified statements.
Dashboard
Throughout the entire verification process, project leaders and editors have access to a project dashboard to give them an overview of all tasks and stages of completion. To access the dashboard, go to settings and select ‘project dashboard’. To return to your document, select ‘project workspace’.
Semantic Search (Finding the Supporting Documentation)
The second unique element of the software is its ability to quickly and accurately find the supporting evidence to enable the verification of the statements identified. The software searches the contents of the virtual data room and identifies what it believes are the sources of information to verify each statement, ranked by best match. There will also be an ability to search beyond the data room on the web.
An accepted annotation is highlighted in yellow. Selecting the accepted annotation presents the user with another decision panel. To link supporting information to the annotation, the user selects ‘find supporting information’, which summons a window previewing potential source matches. These previews include the name of the document being used, a snippet of the quote, as well as a ranking of the result, where it is given both a star rating and a percentage score. Expanding the window allows the user a better view of all the potential evidence available.
Clicking on the document name in blue provides us with the location in the supporting document where the evidence originates. This also gives us more context to the quote which may help us decide whether it is relevant or not. If there are multiple propositions derived from the same document, the arrow button on the banner allows us to navigate the various propositions.
To upload a supporting document, select the document tab and click on ‘add document’. Documents can be manually uploaded individually or in bulk. This tab also allows the user to see what supporting documents have already been uploaded.
If there is a specific piece of evidence that the user expects to see as a proposition, the keyword search allows you to select words that are of particular relevance to the identified statement.
To link the evidence to the annotation from the propositions list, select ‘link’. To link the evidence from inside the supporting document, select ‘link’ from the decision panel.
If the highlighted statement is an assertion, and thus there is no supporting information applicable, select the quotation button to add an assertion. There are two assertion types available: self evident and management representation. There is also an option to add an assertion tag of your choice. Then select save. This tag can also be amended at a later stage.
In the list of annotations, a linked annotation will show a blue chain icon. Statements with assertions will show a blue quotation mark. An approved link to a supporting document causes a yellow highlighted annotation to turn green to denote that the statement is fully verified.
Version Control
Verifi facilitates an easy and dependable transference of accepted and verified annotations with every new version of the transaction document being worked upon. To transfer existing annotations, select ‘manage document versions’. The Document Version List lists all previous archived versions of the document, including details about how many annotations were in each version, when it was last modified, when it was uploaded, and by which project member.
To revert to a previous archived version of the document, select the ‘restore’ icon. To view a previous version in a read only mode, select the ‘go to workspace’ icon.
To upload a new version, select ‘upload new version’. Then drag and drop your document or click ‘upload’.
The software compares the document versions side by side to determine what changes have been made in the new version and will identify the number of editorial changes made. These changes will also be highlighted in both documents.
When you are happy for the annotations to be transferred, click continue. All other project members will be temporarily suspended from accessing the previous document version until the transfer is complete.
The software will produce three categories of coloured annotations. Annotations transferred with no change to underlying text (green), annotations for review as some changes to underlying text (yellow), and annotations not being transferred as statement has been removed (red).
Annotations for review must be accepted or rejected via a decision panel before the annotations can be transferred. There is the option to modify the annotation by dragging the handle or clicking ‘add part’. The user may also want to review the annotations not being transferred to ensure this is correct. Select ‘Complete Document Update’ to effect the transfer.
Once you have transferred annotations, the new version will be available to all project members for editing and review.
Verification Note
When the document has gone through all the steps of verification, we can generate the verification notes for this transaction. Access the project dashboard via settings and select ‘generate report’. This summons a preview of all the statements that have been verified within the document. Verifi provides the ability to download both the verification note and the associated bundle in either our house style or the style of the user so this can be reviewed offline, creating flexibility for a wide range of user types.
Hopefully this short demonstration of Verifi enables you to understand what the software does and how user friendly the interface is. It goes without saying that it has the highest levels of platform security and all customer data is fully encrypted at all stages.
Verifi is a truly game changing legal software proposition that, thanks to its AI capabilities, will change for good the time taken for and the way in which legal verification is undertaken. It has been designed for lawyers by lawyers.
Transcript of Video
Introduction
Hello there, my name is Megan and I am a product developer at Verifi.
The purpose of this short video is to demonstrate what Verifi can do and how it transforms the way in which the legal verification of documents can be done, saving a huge amount of time, hassle and cost. Verifi is a cloud based platform that seamlessly integrates with your firm’s software applications.
Using artificial intelligence, our software quickly identifies statements that need to be verified and then links such statements to the relevant information to verify them from within the virtual data room or the web. The platform is designed to allow multiple users to work either independently or collaboratively as required to get the verification job done quickly, efficiently and accurately. The end result is a bespoke verification note in your firm’s house style with the links to a digital bundle of verification attachments.
There are three key unique features of our product: Auto-annotation, Semantic Search and Version Control.
Annotation
Project Creation
The first thing we need to do before we can begin verifying our document is to create a project on Verifi.
For the purposes of this video, we will be demonstrating the product on a Rule 2.7 Announcement.
Project List
There may be multiple projects set up on the Verifi platform. As a user you are given access only to those projects that have either been created by you, or have been assigned to you by another member of your team. Each column on the list describes a characteristic of the project: the name of the project, the type of document(s) being verified, the project lead, and the date when it was last modified.
Project Member Roles
We can now select members for this project. There are three project member roles: project lead, editor and collaborator. The project lead is the member who has created the project and has all permissions to the project. Editors have the same permissions as the project lead except that they may not archive a project nor can they remove the project lead from the project. Collaborators cannot approve annotations and all of their actions require approval from editors or the project lead. The software is highly configurable so that you can determine on each project the requisite levels of authority and supervision.
The Auto Annotation Function
Once the document has been uploaded, it will shortly generate auto-annotations. These annotations signify statements of fact or Directors’ beliefs and assertions that the software believes need to be verified. The user can navigate through these annotations either by clicking on the arrows on the top bar or on the bottom right corner, or by selecting each annotation number on the page or on the left hand navigation column.
You will notice that the selected annotation will be highlighted in blue and a decision panel appears presenting you with 5 options: hide number, reject, split, accept, or add part.
Where the auto-annotation number appears in a paragraph, clicking on the hide number function causes the auto-annotation number to disappear, allowing a full view of the text.
To reject an annotation proposal either select ‘reject’ on the panel, or the bin icon in the left hand column.
To split an annotation into separate annotations, select ‘split’ and move the handle at the end of the blue highlighted portion of the text to the position you want the first annotation to end. Select the green tick to save your changes.
To accept an annotation proposal, simply select ‘accept’.
To add an additional part to an existing annotation, select ‘add part’ and manually select the text you wish to include. You could also adjust the size of an existing annotation by moving the handle where the annotation ends to your new end point. Then select accept. (use condition list)
There are a few other customisation options. The join function allows you to merge two separate annotations into one. To do so, select the annotations you wish to join by clicking on the boxes in the left hand navigation column. Click on the join button that automatically appears.
To create a manual annotation, simply click the textbox icon and drag your cursor across the part of text you wish to create an annotation for, then select ‘create annotation’.
It is worth noting that individual statements or paragraphs for verification can be allocated to users outside of the law firm e.g. individuals in the client company or other advisers like the investment bank or their lawyers. The platform facilitates effective collaboration between parties that saves time and multiple email chains.
Once the user has identified all of the statements to be verified and these have been approved as necessary by their supervisor, the team can then move onto the stage of finding the supporting evidence to verify the identified statements.
Dashboard
Throughout the entire verification process, project leaders and editors have access to a project dashboard to give them an overview of all tasks and stages of completion. To access the dashboard, go to settings and select ‘project dashboard’. To return to your document, select ‘project workspace’.
Semantic Search (Finding the Supporting Documentation)
The second unique element of the software is its ability to quickly and accurately find the supporting evidence to enable the verification of the statements identified. The software searches the contents of the virtual data room and identifies what it believes are the sources of information to verify each statement, ranked by best match. There will also be an ability to search beyond the data room on the web.
An accepted annotation is highlighted in yellow. Selecting the accepted annotation presents the user with another decision panel. To link supporting information to the annotation, the user selects ‘find supporting information’, which summons a window previewing potential source matches. These previews include the name of the document being used, a snippet of the quote, as well as a ranking of the result, where it is given both a star rating and a percentage score. Expanding the window allows the user a better view of all the potential evidence available.
Clicking on the document name in blue provides us with the location in the supporting document where the evidence originates. This also gives us more context to the quote which may help us decide whether it is relevant or not. If there are multiple propositions derived from the same document, the arrow button on the banner allows us to navigate the various propositions.
To upload a supporting document, select the document tab and click on ‘add document’. Documents can be manually uploaded individually or in bulk. This tab also allows the user to see what supporting documents have already been uploaded.
If there is a specific piece of evidence that the user expects to see as a proposition, the keyword search allows you to select words that are of particular relevance to the identified statement.
To link the evidence to the annotation from the propositions list, select ‘link’. To link the evidence from inside the supporting document, select ‘link’ from the decision panel.
If the highlighted statement is an assertion, and thus there is no supporting information applicable, select the quotation button to add an assertion. There are two assertion types available: self evident and management representation. There is also an option to add an assertion tag of your choice. Then select save. This tag can also be amended at a later stage.
In the list of annotations, a linked annotation will show a blue chain icon. Statements with assertions will show a blue quotation mark. An approved link to a supporting document causes a yellow highlighted annotation to turn green to denote that the statement is fully verified.
Version Control
Verifi facilitates an easy and dependable transference of accepted and verified annotations with every new version of the transaction document being worked upon. To transfer existing annotations, select ‘manage document versions’. The Document Version List lists all previous archived versions of the document, including details about how many annotations were in each version, when it was last modified, when it was uploaded, and by which project member.
To revert to a previous archived version of the document, select the ‘restore’ icon. To view a previous version in a read only mode, select the ‘go to workspace’ icon.
To upload a new version, select ‘upload new version’. Then drag and drop your document or click ‘upload’.
The software compares the document versions side by side to determine what changes have been made in the new version and will identify the number of editorial changes made. These changes will also be highlighted in both documents.
When you are happy for the annotations to be transferred, click continue. All other project members will be temporarily suspended from accessing the previous document version until the transfer is complete.
The software will produce three categories of coloured annotations. Annotations transferred with no change to underlying text (green), annotations for review as some changes to underlying text (yellow), and annotations not being transferred as statement has been removed (red).
Annotations for review must be accepted or rejected via a decision panel before the annotations can be transferred. There is the option to modify the annotation by dragging the handle or clicking ‘add part’. The user may also want to review the annotations not being transferred to ensure this is correct. Select ‘Complete Document Update’ to effect the transfer.
Once you have transferred annotations, the new version will be available to all project members for editing and review.
Verification Note
When the document has gone through all the steps of verification, we can generate the verification notes for this transaction. Access the project dashboard via settings and select ‘generate report’. This summons a preview of all the statements that have been verified within the document. Verifi provides the ability to download both the verification note and the associated bundle in either our house style or the style of the user so this can be reviewed offline, creating flexibility for a wide range of user types.
Hopefully this short demonstration of Verifi enables you to understand what the software does and how user friendly the interface is. It goes without saying that it has the highest levels of platform security and all customer data is fully encrypted at all stages.
Verifi is a truly game changing legal software proposition that, thanks to its AI capabilities, will change for good the time taken for and the way in which legal verification is undertaken. It has been designed for lawyers by lawyers.
