FTI Technology Launches IQ.AI for Review to Accelerate High-Stakes Discovery and Investigations

Core Insights - FTI Consulting has launched new capabilities within its IQ.AI by FTI Technology suite, aimed at enhancing document review processes in legal and regulatory matters [1][5] - The new IQ.AI for Review tool is designed to provide cost savings and accelerate timelines across the document review lifecycle, including first pass review and quality control [1][3] Company Developments - FTI Technology has deployed IQ.AI for Review globally, facilitating faster and more insightful first-level review workflows compared to other AI solutions [2][3] - The capabilities include optimizing privilege classification, generating key document summaries, and identifying personally identifiable information, thus transforming the document review phase into a strategic advantage [3][4] Technology and Innovation - IQ.AI combines workflows, services, and expertise with custom-developed tools, utilizing large language models and technologies from Microsoft Azure and AWS Bedrock [4][7] - New updates to IQ.AI include features for emerging data sources, enrichment of complex data types, and contract review methodologies, enhancing the overall efficiency of data processing [6][7] Market Engagement - FTI Technology will host an IQ.AI Experience Zone during Legalweek New York, allowing clients to test generative AI solutions and consult with data science teams [8] - The company emphasizes its commitment to innovation and client needs through ongoing investments in AI technology and expert-led solutions [7] Company Overview - FTI Consulting is a leading global expert firm with over 8,300 employees and generated $3.69 billion in revenues during fiscal year 2024 [9]