|By PR Newswire||
|March 7, 2014 10:22 AM EST||
AUSTIN, Texas, March 7, 2014 /PRNewswire-iReach/ -- Neuric LLC a privately held company based in Austin announced the release of its user friendly SEC no-action letters application today. The application is called NeuricLaw and is available on the web at http://law.neuric.com.
Neuric has combined its knowledge of large volumes of data, the ability to filter based on concepts (rather than words), and the experience of deploying on a cloud based system - to deliver a robust solution for attorneys who have to use various SEC related documents as part of their daily work.
"It is very timely and intuitive", said Bob, a practicing lawyer from Texas, and an early user of NeuricLaw. "The organization of the documents in an easily understandable manner and the ability to search concepts instead of text makes it a valuable tool for us lawyers…..and it is so easy to use".
NeuricLaw brings order to the data and enables easy searches for concepts across the SEC data. NeuricLaw can also provide templated searches that will facilitate quicker navigation through the data and increase productivity. Additional meta data in the form of related document links and an audit trail are also being developed. The solution will be available as a "Software as a Service" and can be accessed by standard browsers (mobile or desktop).
NeuricLaw is powered by Neuric; a company with a background in big data analytics and natural language processing.
"Neuric identified a gap in the regulatory document space where text based searches have failed to produce comprehensive, accurate results", said Charlie Walne, the President and CEO of Neuric LLC. "Our concept based search is not only comprehensive because it understands multiple textual connotations for the same concept; it is also highly responsive to user specified parameters. We have started with the SEC space, but intend to expand to other areas".
About Neuric LLC
Neuric LLC is an Austin based technology firm that has won the Technology Innovation Award (2009) and the Electronic Research and Development Award (2012). Neuric develops software that can turn unstructured data into usable information. www.neuric.com
Call us at 512 949 9245 or email us at [email protected] for more details.
Media Contact: Vasu Vijay, Neuric LLC, 5129499245, [email protected]
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