Case study

Law firm

Banking and Finance Lawyer
International Law Firm
“I currently spend hours on Word manually entering loan data in order to summarise and compare the same key terms across multiple loan agreements.”

The Problem

Analysing 3 of their loan agreements takes up to 10 hours.

Their associates currently spend hours manually entering data into a Word document in order to compare and contrast each loan agreement.

Their loan agreements are stored across multiple locations, making comparisons confusing and time-consuming.

The Simyra Solution

Loan agreements are uploaded and our AI-powered platform automatically identifies, interprets and structures the data in seconds.

Key terms compared in a simple view across multiple loan agreements in just a few clicks.

Agreements shared with colleagues and clients to allow for real-time collaboration.

One place to see, search and compare key commercial and legal terms across multiple loan agreements.

The Outcome

Review time reduction from 10 hours to 1 hour.
Time is now spent on more revenue generating and billable tasks.
All their key terms in one place, Allowing for faster decision-making and quicker client response times.
Peter Schmid
Chairman and Head of Private Equity
“In today’s fast-paced and increasingly competitive private equity and private debt industry, the need to have instant and easy access to data to validate investment decisions cannot be understated. Simyra’s AI-assisted platform brings a much-needed specialist solution to our industry; in automating the extraction of key terms in loan agreements, it saves banking & finance professionals an enormous amount of time in often time-pressured situations, and gives ready access to the best-in-class terms of loan agreements for the purpose of making efficient and data-driven investment decisions.”