KPMG Forensic Purchases a Leading Investigations Software Solution
London - June 5, 2006 - KPMG Forensic in the UK has signed an agreement with Aungate, specialists in Real-Time Enterprise Governance and a division of Autonomy Corporation plc (LSE: AU.) to purchase its leading-edge investigations software solution. KPMG is the first major UK Professional Services or Advisory firm to acquire this application of Aungate technology, which has the potential to play a significant role in investigations, particularly those involving suspected fraud.
The agreement covers the use of Aungate's Automated Electronic Document Discovery (EDD) and Production solution, one of Aungate's range of real-time and automated compliance monitoring, eDiscovery and enforcement applications. Aungate will form an integral component in the end to end Investigations proposition offered by KPMG's Forensic practice.
Autonomy's EDD and Production software enables the rapid collection, preparation, investigation, review and production of electronic evidence from virtually any file format and in virtually any language. It provides the facility for investigators to analyse other types of information such as recordings of telephone calls, voicemail or video recordings. It also enables investigators to track and trace communications over voice and email alike.
Aungate has global credentials and is applicable to a number of sectors including National Security, Criminal Intelligence, Commercial Fraud Investigation and support of eDisclosure in litigation.
Commenting on the development, Paul Walker, Head of Forensic Technology at KPMG, said: "With technology becoming increasingly key to investigating and prosecuting fraud, KPMG is serious about building leading edge Forensic Technology differentiators for its services. This software will become an integral component of our secure Forensic Datalab? facility, offering clients the ability to use Autonomy and select a range of services without making an investment in building a capability themselves."
Ian Black, Managing Director of Aungate said: "We are proud to power KPMG Forensic, and welcome them to a growing number of organisations who are now taking advantage of the wide spectrum of solutions Aungate provides. Underpinned by Autonomy's IDOL platform the world's No1 clustering technology used by the US SEC, NASD and NYSE, only Aungate provides scalable solutions which automatically processes terabyte volumes of content including text and rich media such as voice and video. This agreement represents a significant opportunity for a range of sectors and new clients to gain access to our proven application through one of the world's leading advisory firms. Aungate is proud to support KPMG's lead in this area of the UK market."
About KPMG Forensic
KPMG Forensic includes a European fraud investigation and dispute advisory team of over 500 people, including ex-police officers, forensic accountants, expert witnesses, data mining consultants and fraud risk management specialists. It investigates and advises on all suspicions of fraud and deception including, for example, procurement, treasury, payments and revenue fraud and accounts manipulation, as well as giving expert evidence in commercial disputes Our casebook ranges from matters of less than £50,000 to major international scams or disputes with sums at risk in excess of $1 billion. Our clients are truly international. Over the last few years we have worked all over the UK and Europe, and many other countries in the rest of the world.
About KPMG
KPMG is the global network of professional services firms who provide audit, tax and advisory services. KPMG LLP operates from 22 offices across the UK with over 9,000 partners and staff. KPMG recorded a UK turnover of £1.28 billion in the year ended September 2005. KPMG LLP, a UK limited liability partnership, is the UK member firm of KPMG International, a Swiss cooperative.
About Autonomy and Aungate
Founded in 1996 and built on ground-breaking research carried out at Cambridge University, Autonomy (LSE: AU. or AU.L) has experienced a meteoric rise to become the undisputed leader in the field of meaning based computing, that is the handling and processing unstructured information such as emails, documents, phone calls and video. It encompasses areas such as enterprise search, taxonomies, compliance, CRM and CEM amongst others.
Autonomy's best of breed technology has benefited more than 16,000 global companies in both the public and private sectors. Global customers include BAE Systems, Ford, Ericsson, Shell, Nestle, BBC, Reuters, Hutchison 3G, Royal Sun Alliance, Sun Microsystems, Philips, Boeing, Schneider Electric, Coca Cola, GlaxoSmithKline, Butterworths, Citigroup, ABN AMRO, Deutsche Bank, Nomura, the New York Stock Exchange, Daimler Chrysler, Kraft Foods, Lloyds TSB and public sector agencies including the U.S. Department of Defense, the U.S. Securities and Exchange Commission, NASA and the U.K. Houses of Parliament. Autonomy plays a key role for government organizations across the globe and has been adopted as the organization standard at the U.S. Department of Homeland Security.
The Autonomy Group includes: Aungate, a leader in technology for Real-Time Enterprise Governance; Virage, a leading supplier and visionary in Rich Media Management technology; etalk, a leading provider of enterprise-class contact center products, Cardiff, a leader in content capture and business process management solutions, and Ultraseek, a leading provider of business search engine.
Autonomy's Aungate suite of products enables enterprises to achieve Real-Time Enterprise Governance by automatically understanding the content and interrelationships of all enterprise communications including email, voice and Instant Messaging. Aungate's unique technology powers real-time monitoring, alerting, policy management, electronic discovery and enforcement operations while proactively engaging behavioral change processes required to achieve best practice.
Aungate has quickly built a prestigious customer list, including the world's leading regulators and stock exchanges such as the U.S. SEC and NYSE as well as premier banks, litigation management companies and compliance publishers. Aungate's ability to identify both known and unknown relationships in all enterprise communications is premised on Autonomy's distinguished history in the intelligence community which Autonomy has been serving since the company's foundation, culminating in the award of "single supplier" status to the US government. Autonomy's history in the compliance market extends to the company's founding in 1996, and includes serving financial institutions globally.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
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