Blog
Semeris launches library of Additional Tier 1 docs (AT1’s)
Against the backdrop of UBS’s takeover of Credit Suisse, where $17 bn of the Credit Suisse AT1 bonds were subject to write-down to zero, Semeris has put together a library of bank Additional Tier 1 docs to assist in understanding if this could happen elsewhere. The Credit Suisse bonds had explicit language about government support leading to a write-down and Semeris Docs was able to search for and identify this language across the AT1 market.
ChatGPT and Legal AI
OpenAI’s recent release of ChatGPT became a cultural moment for AI. Over a million users signed up within a week, making it the fastest global adoption of any new technology in history. The critical question for us in the legal and financial services industry is whether this tech can drive efficiencies and generate value. Our answer is a resounding yes.
Introducing Semeris Docs Checklist
Semeris Docs users can now create multiple document summaries with the Checklists that let you focus on important questions/topics/answers you are seeking in your CLO indenture review.
Introducing our expanded Semeris CLO dataset
We’ve improved the depth of Semeris Docs CLO library by adding a number of important fields, so you can better understand the structural nuances of your CLO portfolio to help you better analyse key features and compare your transactions versus other specific deals or the broader CLO universe.
Accelerate your CLO document workflow with Semeris Docs
At Semeris, we keep pushing the limits of what is possible with document AI. With the new Semeris Docs API, you can do business at the speed of light.
Interview with Semeris summer intern Stanislav Chistyakov (University College London)
As part of our cooperation with University College London, Stanislav Chistyakov wrote his dissertation project on a Semeris topic with our guidance. Stanislav was studying for MSc in Data Science and Machine Learning.
Introducing Smart Blacklines
With Smart Blacklines in Semeris Docs for CLOs, we take another major step toward helping you answer “What’s new?” in a new issue deal.
Smart Blacklines gives you two new capabilities:
- Document blacklines versus any previous deal document, and
- Term Explorer, which helps you research defined term usage across deals and across the entire market
More insights, less PDF and “Ctrl-F” with the Semeris document viewer
The built-in HTML-based Semeris Viewer is one of the tools behind the success of Semeris Docs for CLOs, and makes navigating within, reading and comprehending CLO documents a whole new experience.
Semeris Docs for CLOs provides a growing list of human-AI hybrid summaries of key document sections for investors
Our team of CLO analysts work around the clock, improving data and extraction models in Semeris Docs for CLOs. Working with investors over the past year has allowed us to extend and refine our growing collection of relevant topics of interest in CLO documents. Tailor your own summary view of the document and the transaction as you see fit by selecting from our available topics repository.
Introducing Semeris X-Ray
X-Ray speeds up reading speed and improves comprehension. Our team has been using and evaluating this technology for months. It reduces human verification work by 30% or more while enhancing confidence in the results.
It's faster and easier to consume legal language with X-Ray.
The 25th Annual Global ABS
Global ABS, 27-28 September, 2021, London, UK. Broker dealers, lawyers, banks, servicers, & accountants meet issuers & investors.
Behind the scenes of Semeris’ AI-driven document library products
CLO documents have changed and evolved considerably over the past twenty years; have your process and toolkit evolved alongside them? Semeris Docs for CLOs brings order-of-magnitude efficiencies to an often tricky and time-consuming element of the CLO investment process.
Semeris raises £600K seed round to launch AI-driven US CLO library
We are pleased to announce the closing of our seed investment round led by London-based VC-fund QVentures.
This round is strong validation of Semeris’s legal AI concept and library products that help financial sector players analyze complex legal language.
Effortless CLO “What’s market?” comparisons for key deal language with Semeris Docs
The question of “What’s market?” comes up regularly in discussions about legal documents and financial instruments. At Semeris, we keep adding capabilities to help our customers answer this question as quickly as possible, and to identify when the language that introduces new sources of risk may be an outlier when reviewed against a collection of seemingly similar deals.
Semeris Docs lets you focus on CLO topics that matter to you
Competitive advantage in the financial sector often comes from information superiority, and looking at the right information at the right time. At Semeris we are constantly striving to bring order-of-magnitude efficiencies to the critical document review process to give CLO investors more bandwidth to tackle the several other critical factors in making investment decisions.
Effortless “what’s market” comparisons with Semeris Docs
On Sunday, our amazing dev team released a significant update to Semeris Docs for CLOs. We are launching a capability we call Market Compare that further heightens your information awareness of CLO documents across the market and helps you benchmark new deals to previous ones.
Semeris Docs released
Today, we are launching our first product, a document library called Semeris Docs for CLOs. Our library service launches with European CLO documents and summaries on over 75 transactions.
