JPMorgan Chase

COiN (Contract Intelligence) for legal document analysis; reviews commercial loan agreements in seconds

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Maturity stage

Production

Use-case type

Automation

Function

Legal/Compliance

Company size

Enterprise

Evidence

Saved 360000 legal hours annually; bank processes 12000 credit agreements per year

ROI / outcome figure

360000 hours saved annually

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70% of documents correctly extracted and interpreted

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