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KPMG Forensic Purchases a Leading e-Disclosure and 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 e-Disclosure and investigations software solution. KPMG is the first major UK Professional Services or Advisory firm to acquire this application of Aungate technology which is widely used by law enforcement and other agencies around the world.
The agreement covers the use of Autonomy's core IDOL technology (Intelligent Data Operating Layer) which connects otherwise unconnected or unstructured data. It also includes 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. These will form an integral component in the end to end e-Disclosure proposition offered by KPMG's Forensic practice.
These solutions enable the rapid collection, preparation, investigation, review and production of electronic evidence from virtually any file format and in virtually any language. They provide the facility for investigators to analyse other types of information such as recordings of telephone calls, voicemail or video recordings. They also enable 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 e-Disclosure in litigation.
Commenting on the development, Sanjay Bhandari, a Legal Consultant and Head of e-Disclosure at KPMG, said: "The UK is an important centre for the resolution of global disputes. Aungate's ability to deal with most languages (including languages that use non-Latin characters such as Arabic, Mandarin and Cyrillic) is virtually unrivalled and will be particularly useful in cross-border disputes. Lawyers are faced with an explosion in electronic documents. The force of that explosion extends beyond emails, Word files and Excel spreadsheets. Businesses are increasingly retaining long term back up copies of new types of information such as voice recordings (for example, voicemail and telephone conversations on deal room floors). Aungate provides an automated transcription and mapping process as a credible, cost-effective alternative to employing an army of paralegals to listen to such material. Technologies of this kind are the future of document review."
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.
Media Contact:
Mark Hamilton KPMG Corporate Communications +44 (0)20 7694 2687 mark.hamilton@kpmg.co.uk
Ali Merifield Bite Communications ltd +44 (0)20 8834 3441 +44 (0)20 8741 1123 ali.merifield@bitepr.com
Edward Bridges Financial Dynamics +44 207 831 3113 edward.bridges@fd.com
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