Contract Management System Will Be Able to Cut Short The Legal Team Working Hours
The two new machine learning systems will be able to evaluate and manage contract that normally requires thousand of working hours by the legal team.
Tags: JP Morgan
J.P. Morgan Chase pays a $55 Million settlement on charges of about 53,000 counts of discrimination againts minority loan borrowers.
Banking giant JP Morgan warns that more financial instituitons will cut their credit lines to energy firms by 15-20%. The oil and gas industries are in turmoil with more than 100 bankruptices forecasted.
Over the past year, the new market is looking for new sovereign debts to replensih the emrging market funds. This year, Russia is selling its $3 billion worth of bonds but experts are cocern that it will have some legal complications.
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