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

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FTI Consulting's Technology segment has launched new capabilities within IQ.AI for Review, expanding its artificial intelligence solutions suite. The enhancement aims to accelerate document review processes in investigations, antitrust matters, and data breach cases.

The new capabilities provide cost savings and faster timelines across document review lifecycle, including first-pass review, quality control, and privilege checks. The system excels in handling challenging document formats, multilanguage content, and multimedia files that typically require manual review.

Initially launched in 2024, IQ.AI combines proprietary workflows with custom-developed tools using various large language models through Microsoft Azure and AWS Bedrock. The update includes three additional features:

  • IQ.AI for Emerging Data Sources: Enhances data processing from chat threads and cloud applications
  • IQ.AI for Enrichment: Automates review of complex materials including multilingual documents
  • IQ.AI for Contracts: Enables efficient contract review and risk analysis

Il segmento tecnologico di FTI Consulting ha lanciato nuove funzionalità all'interno di IQ.AI for Review, ampliando la sua suite di soluzioni di intelligenza artificiale. Il miglioramento mira ad accelerare i processi di revisione dei documenti in indagini, questioni antitrust e casi di violazione dei dati.

Le nuove funzionalità offrono risparmi sui costi e tempi più rapidi nell'intero ciclo di vita della revisione dei documenti, inclusa la revisione iniziale, il controllo di qualità e i controlli di privilegio. Il sistema si distingue nella gestione di formati di documenti complessi, contenuti multilingue e file multimediali che richiedono tipicamente una revisione manuale.

Lanciato inizialmente nel 2024, IQ.AI combina flussi di lavoro proprietari con strumenti sviluppati su misura utilizzando vari modelli di linguaggio di grandi dimensioni tramite Microsoft Azure e AWS Bedrock. L'aggiornamento include tre funzionalità aggiuntive:

  • IQ.AI for Emerging Data Sources: Migliora l'elaborazione dei dati provenienti da thread di chat e applicazioni cloud
  • IQ.AI for Enrichment: Automatizza la revisione di materiali complessi, inclusi documenti multilingue
  • IQ.AI for Contracts: Consente una revisione efficiente dei contratti e un'analisi dei rischi

El segmento de tecnología de FTI Consulting ha lanzado nuevas capacidades dentro de IQ.AI for Review, ampliando su suite de soluciones de inteligencia artificial. La mejora tiene como objetivo acelerar los procesos de revisión de documentos en investigaciones, asuntos antimonopolio y casos de violación de datos.

Las nuevas capacidades ofrecen ahorros de costos y plazos más rápidos a lo largo del ciclo de vida de la revisión de documentos, incluyendo la revisión inicial, el control de calidad y las verificaciones de privilegio. El sistema se destaca en el manejo de formatos de documentos desafiantes, contenido multilingüe y archivos multimedia que normalmente requieren revisión manual.

Lanzado inicialmente en 2024, IQ.AI combina flujos de trabajo patentados con herramientas desarrolladas a medida utilizando varios modelos de lenguaje de gran tamaño a través de Microsoft Azure y AWS Bedrock. La actualización incluye tres características adicionales:

  • IQ.AI for Emerging Data Sources: Mejora el procesamiento de datos de hilos de chat y aplicaciones en la nube
  • IQ.AI for Enrichment: Automatiza la revisión de materiales complejos, incluidos documentos multilingües
  • IQ.AI for Contracts: Permite una revisión eficiente de contratos y un análisis de riesgos

FTI Consulting의 기술 부문은 IQ.AI for Review 내에서 새로운 기능을 출시하여 인공지능 솔루션 제품군을 확장했습니다. 이 개선은 조사, 반독점 문제 및 데이터 유출 사건에서 문서 검토 프로세스를 가속화하는 것을 목표로 합니다.

새로운 기능은 문서 검토 수명 주기 전반에 걸쳐 비용 절감 및 빠른 일정을 제공합니다. 여기에는 초기 검토, 품질 관리 및 특권 확인이 포함됩니다. 이 시스템은 수동 검토가 일반적으로 필요한 복잡한 문서 형식, 다국어 콘텐츠 및 멀티미디어 파일을 처리하는 데 뛰어납니다.

2024년에 처음 출시된 IQ.AI는 Microsoft Azure 및 AWS Bedrock을 통해 다양한 대형 언어 모델을 사용하여 독점 워크플로와 맞춤형 도구를 결합합니다. 이 업데이트에는 세 가지 추가 기능이 포함되어 있습니다:

  • IQ.AI for Emerging Data Sources: 채팅 스레드 및 클라우드 애플리케이션의 데이터 처리 향상
  • IQ.AI for Enrichment: 다국어 문서를 포함한 복잡한 자료의 검토 자동화
  • IQ.AI for Contracts: 효율적인 계약 검토 및 위험 분석 가능

Le segment technologique de FTI Consulting a lancé de nouvelles fonctionnalités au sein de IQ.AI for Review, élargissant ainsi sa suite de solutions d'intelligence artificielle. Cette amélioration vise à accélérer les processus de révision des documents dans le cadre d'enquêtes, de questions antitrust et de cas de violation de données.

Les nouvelles fonctionnalités offrent des économies de coûts et des délais plus rapides tout au long du cycle de vie de la révision des documents, y compris la révision initiale, le contrôle qualité et les vérifications de privilège. Le système excelle dans la gestion de formats de documents complexes, de contenus multilingues et de fichiers multimédias qui nécessitent généralement une révision manuelle.

Lancé initialement en 2024, IQ.AI combine des flux de travail propriétaires avec des outils développés sur mesure utilisant divers modèles de langage de grande taille via Microsoft Azure et AWS Bedrock. La mise à jour comprend trois fonctionnalités supplémentaires :

  • IQ.AI for Emerging Data Sources: Améliore le traitement des données provenant de fils de discussion et d'applications cloud
  • IQ.AI for Enrichment: Automatise la révision de matériaux complexes, y compris des documents multilingues
  • IQ.AI for Contracts: Permet une révision efficace des contrats et une analyse des risques

Der Technologiesektor von FTI Consulting hat neue Funktionen innerhalb von IQ.AI for Review eingeführt und damit sein Portfolio an KI-Lösungen erweitert. Die Verbesserung zielt darauf ab, die Dokumentenprüfungsprozesse in Ermittlungen, Antitrustangelegenheiten und Datenschutzverletzungsfällen zu beschleunigen.

Die neuen Funktionen bieten Kosteneinsparungen und schnellere Zeitrahmen über den gesamten Lebenszyklus der Dokumentenprüfung, einschließlich der Erstprüfung, der Qualitätskontrolle und der Privilegienprüfungen. Das System zeichnet sich durch die Verarbeitung anspruchsvoller Dokumentenformate, mehrsprachiger Inhalte und Multimedia-Dateien aus, die normalerweise eine manuelle Prüfung erfordern.

Ursprünglich 2024 eingeführt, kombiniert IQ.AI proprietäre Arbeitsabläufe mit maßgeschneiderten Werkzeugen, die verschiedene große Sprachmodelle über Microsoft Azure und AWS Bedrock nutzen. Das Update umfasst drei zusätzliche Funktionen:

  • IQ.AI for Emerging Data Sources: Verbessert die Datenverarbeitung aus Chatverläufen und Cloud-Anwendungen
  • IQ.AI for Enrichment: Automatisiert die Prüfung komplexer Materialien, einschließlich mehrsprachiger Dokumente
  • IQ.AI for Contracts: Ermöglicht eine effiziente Vertragsprüfung und Risikoanalyse

Positive
  • Launch of advanced AI capabilities expanding service offerings
  • Cost reduction and accelerated timeline benefits for clients
  • Global deployment capability through major cloud platforms
  • Automated processing of complex document formats reducing manual work
Negative
  • None.

Insights

FTI Consulting's launch of IQ.AI for Review represents a significant technological advancement for the company's service capabilities. What stands out is their multi-model approach - leveraging various large language models across Azure and AWS Bedrock platforms rather than relying on a single AI framework. This architecture provides crucial flexibility to apply the most effective AI model for specific tasks while accommodating regional data governance requirements.

The company's focus on solving specialized document challenges - like multilanguage content, multimedia files, and uncommon data formats - addresses real pain points in the document review process. Traditional review methods struggle with these complex data types, creating bottlenecks that AI can potentially eliminate.

Particularly noteworthy is the integration with FTI's proprietary emerging data sources technology, enabling AI-powered analysis of modern communication formats like chat threads, emojis, and cloud application data. This capability is increasingly valuable as corporate communications fragment across multiple platforms.

The technology appears to be market-ready rather than conceptual, with the announcement mentioning actual client deployments across multiple use cases including cross-border litigation and data breach response. This suggests the solution has moved beyond development into commercialization, though the scale of adoption remains unclear without specific metrics.

The legal industry has long struggled with the time and cost burden of document review, particularly in high-stakes matters where the volume of potential evidence is massive. FTI's IQ.AI for Review targets this pain point by addressing multiple stages of the review lifecycle - from first-level review through quality control, privilege identification, and findings presentation.

The privilege review capabilities are particularly significant. Identifying privileged communications traditionally requires experienced attorneys and consumes substantial resources. By optimizing privilege classification and generating draft privilege logs, this solution addresses one of the most labor-intensive and risk-sensitive aspects of legal discovery.

The ability to automatically generate document summaries, chronologies, and timelines delivers immediate practical value by establishing context for critical documents - essentially transforming raw data into a narrative framework that legal teams can build upon. This shifts attorney time from mechanical organization to higher-value strategic analysis.

What separates this from typical legal AI announcements is FTI's emphasis on defensibility and risk mitigation. Their approach acknowledges the compliance concerns that have made legal departments cautious about AI adoption. By combining proprietary workflows with human expertise, FTI is positioning this as a solution that enhances attorney capabilities rather than replacing attorney judgment - a crucial distinction for adoption in risk-averse legal environments.

Proprietary Artificial Intelligence Capabilities Solve Data Challenges Across Entire Document Review Lifecycle

WASHINGTON, March 25, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm’s Technology segment launched new capabilities within IQ.AI by FTI Technology™, a suite of artificial intelligence solutions that address client issues in investigations, antitrust, data breach and other critical legal and regulatory matters. To address all aspects of document review, these new capabilities include IQ.AI for Review, providing cost savings and accelerated timelines across the document review lifecycle, including first pass review, quality control, privilege and the presentation of key findings.

FTI Technology has deployed IQ.AI for Review for clients worldwide, across numerous types of projects, including cross-border litigation, investigations, antitrust reviews and data breach response. With this offering, FTI Technology’s experts unlock faster and more insightful first-level review workflows compared to other AI-based review solutions. IQ.AI for Review provides powerful results, particularly when applied to challenging document formats, multilanguage content, multimedia files and other materials that have traditionally required manual review.

The new capabilities can optimize privilege classification and create first drafts of privilege logs, perform quality checks and identify challenging data types and personally identifiable information. AI-generated key document summaries, chronologies and timelines also quickly establish context for hot documents. This holistic approach reduces review time and costs and empowers legal teams to uncover critical insights that traditional methods miss, transforming what is often the most time-consuming phase of litigation and investigations into a strategic advantage.

Initially launched in 2024, IQ.AI is a proprietary combination of workflows, services and expertise applied with FTI Technology’s custom-developed tools using numerous large language models, technology partner products, natural language processing and computer vision technologies. These include globally available platforms within Microsoft Azure and AWS Bedrock, enabling FTI Technology’s experts to utilize the most effective large language model for each task and provide flexibility for clients in geographies around the world. Backed by FTI Technology’s significant investments in research, development and an e-discovery applied data science team, IQ.AI helps clients balance innovation, technology performance and risk mitigation for specific applications of AI technologies.

In addition to the launch of IQ.AI for Review, new IQ.AI updates include:

  • IQ.AI for Emerging Data Sources: Enhances contextualization and summarization of chat threads, conversations, images such as GIFs and emojis, audio clips, uncommon data types and disparate messages across a variety of cloud applications and collaboration tools through integration with Connect and Universal Messaging Platform, FTI Technology’s proprietary emerging data sources technology. Experts in emerging data sources and digital forensics investigators can also leverage generative AI to summarize and enrich metadata and discover key facts. These capabilities support efficient data processing in a closed environment to mitigate risk, reduce data sets, reveal relevant information quickly and report on initial findings.
  • IQ.AI for Enrichment: Leveraging optical character recognition, computer vision technologies and a range of large language models, automates the process of reviewing materials that traditionally require manual review. This includes accurately translating and extracting insights from multilingual documents and processing handwritten notes, forms, images, audio recordings, transcriptions and other complex data, all within a unified workflow.
  • IQ.AI for Contracts: Delivers methodologies for leveraging AI in contract review and analysis to efficiently query large contract populations, identifying risks or business opportunities hidden within agreements. FTI Technology’s contract experts leverage a combination of generative AI, machine learning and analytics capabilities combined with customized workflows to extract key data points to support clients’ challenges across industries, contract types and use cases.

“IQ.AI for Review provides an extensive suite of AI capabilities across the document review lifecycle, including first pass review and extending to privilege identification, quality control and solving complex data challenges,” said Sophie Ross, Global Chief Executive Officer of FTI Technology. “In expanding our IQ.AI framework to address document review end-to-end, we’re providing clients with impactful, tested, logical uses of generative AI to enrich their understanding of critical matters and reduce the burden of uncovering information within large document populations. These expanded AI capabilities are a testament to our innovation team’s rapid response to client needs and represent our continued investment in delivering expert-led, reliable, defensible, AI-powered solutions that can be applied holistically or to targeted challenges.”

FTI Technology’s decades-long investment in AI technology and team of digital insights experts, attorneys, data scientists and consultants from across global practices support clients across a broad range of issues where AI use intersects with legal and regulatory risk. These experts conduct extensive, ongoing testing to enable customization for specific data types, use cases and unique client needs, saving clients the resources and time required to invest in AI development and experimentation. IQ.AI experts also evaluate and advise clients on the effective use of evolving generative AI features within leading e-discovery platforms.

FTI Technology will host an IQ.AI Experience Zone during Legalweek New York on March 25 and March 26 to provide clients with an opportunity to test generative AI solutions and engage in consultations with FTI Technology’s data science and innovation teams. For more information, contact ftitechsales@fticonsulting.com.

About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories as of December 31, 2024. The Company generated $3.69 billion in revenues during fiscal year 2024. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. More information can be found at www.fticonsulting.com.

FTI Consulting, Inc.
555 12th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Ashley Allman
+1.206.369.5209
ashley.allman@fticonsulting.com


FAQ

What new capabilities does FTI Consulting's IQ.AI for Review offer in 2025?

IQ.AI for Review offers AI-powered document review capabilities including first-pass review, quality control, privilege checks, and automated processing of multilingual and multimedia content.

How does FCN's IQ.AI technology handle different document formats?

IQ.AI processes challenging document formats, multilanguage content, multimedia files, and creates AI-generated summaries, chronologies, and timelines for hot documents.

What cloud platforms does FCN's IQ.AI utilize for its operations?

IQ.AI operates through Microsoft Azure and AWS Bedrock platforms, enabling flexible use of large language models globally.

What are the three new IQ.AI updates announced by FCN in 2025?

FCN announced IQ.AI for Emerging Data Sources, IQ.AI for Enrichment, and IQ.AI for Contracts, enhancing data processing, document review, and contract analysis capabilities.
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