Tuesday, June 22, 2010
Nuix powers KPMG Forensic to deliver Australia’s fastest eDiscovery service
SYDNEY, Australia, June 2, 2010 –KPMG has signed a deal with Nuix for high-end, powerful electronic discovery software licenses to enable them to provide Australia’s fastest, most thorough and most scalable eDiscovery service to its clients.
KPMG Forensic’s team purchased the improved software to improve crucial data analysis and processing and selected Nuix for inclusion in its eDiscovery service offering.
Eddie Sheehy, Nuix Chief Executive Officer, said KPMG required very fast, powerful processing and integrated into their service offering by adding Nuix to its official workflow.
“In a world where many corporations face vast amounts of data, increasing regulatory requirements and litigation that demands immediate and thorough investigations of terabytes of digital information, speed is of the essence. Our software has been able to provide great results for KPMG’s eDiscovery product,” Sheehy commented.
KPMG’s decision hinged on the results of speed trials conducted by KPMG and on Nuix’s ability to integrate with other technologies within the KPMG workflow.
Rod McKemmish, KPMG Forensic’s Director said that during initial speed trials, KPMG Australia reported indexing a 59GB Exchange Database (EDB) file – including 1.8 million emails and attachments – in 1 hour and 24 minutes.
“Performance improvements beyond this appear to be possible when we scale beyond a single hardware device and apply the power of our advanced infrastructure.
“When one combines the power of high end processing with the forensic precision and in-depth analysis capabilities of Nuix, the results are impressive,” said McKemmish.
KPMG Australia has employed the Nuix electronic discovery desktop platform for the past three years. This latest deal marks a significant upgrade to KPMG’s Enterprise Discovery platform. This is the same platform recently purchased by the United States Securities and Exchange Commission (SEC) to handle their corporate discoveries and investigations.
The Nuix platform has been integrated within a workflow that begins with Guidance Enterprise to collect digital information into a dataset, then uses Nuix to filter, search, de-duplicate, index and process the information and then output it to Discovery Radar, KPMG’s review platform.
Sheehy continued, “Datasets are getting bigger all the time, and the turnaround time of investigations gets shorter as one or both sides make use of the technology at-hand. If one side has Nuix and the other doesn’t have anything as good, the one that does has the advantage.”
“Early case assessment is becoming increasingly important,” concluded Sheehy. “If you understand where your case stands at the earliest point possible, you can take control of the process and make decisions that will reduce legal costs and increase the possibility of a positive result. The companies that win are companies that know their position early on and can strategize accordingly.”
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About Nuix
Nuix has spent the past ten years developing and refining the world’s most advanced eDiscovery and electronic investigation software. Nuix revolutionizes the way government and private organizations investigate electronic information, improving simplicity and accuracy, and slashing the time and cost of investigations. Nuix customers include major corporations, advisory firms, state and federal government departments, police and anti-corruption bodies, financial institutions, law firms, litigation support firms as well as regulatory and security agencies. Nuix has customers in over twenty countries. Nuix is the corporate regulators’ tool of choice. A recent statement regarding the selection of Nuix by the United States Securities and Exchange Commission (SEC) reinforced this, stating, “No software other than Nuix can process large collections fast enough to meet the SEC’s desired timeframes”.
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