Epiq Systems, Inc. provides professional services and integrated technology for the legal profession. The company’s solutions and professional services are designed for various client legal matters, including litigation, investigations, financial transactions and regulatory compliance, as well as the administration of corporate restructuring and bankruptcies, class action and mass tort proceedings, federal regulatory actions and data breach responses. Segments The company operates through two segments, Technology, and Bankruptcy and Settlement Administration. Technology This segment provides eDiscovery managed services and technology-enabled solutions to companies and law firms. The company’s full-service offices have a data center, on-site technical staff, on-site project management capabilities and local consulting capacities in North America, Europe and Asia. Epiq offers solutions to support client relationships globally. In 2015, the company acquired Iris Data Services, Inc. (Iris), a provider of managed services for the legal profession. Electronically Stored Information (ESI) Services The company offers its clients a suite of ESI solutions, including data collection, filtering and processing, hosting, document prioritization and data production. Its ESI software solutions have the capability to host millions of documents for review across multiple geographies and in approximately 195 foreign languages. Data Collection: The company has experts deployed globally to navigate through country-specific data protection laws. Data Filtering and Processing: The company offers global filtering and processing of data using its proprietary software solution eDataMatrix. Data Hosting: The company offers clients access to global technology-enabled document review solutions, such as its DocuMatrix solution and kCura's Relativity. Document Prioritization: The company’s document prioritization services and software solutions, proprietary hosting and predictive coding solutions are available globally and can be deployed on-site. Production: The company offers high-volume data production capacity. eDataMatrix is a proprietary software solution developed and hosted by the company that has advanced filtering capabilities and complex data extraction tools, capable of extracting text within each data file's metadata, such as its time stamp, authorship, version information and other meaningful data elements. Post-processed data can be loaded into a hosting environment at one of Epiq's worldwide data centers where data can be reviewed or inspected by the company’s end-user clients using its DocuMatrix software solution or a third-party software solution, such as Relativity. DocuMatrix is a proprietary software solution software developed and hosted by Epiq that allows for attorney review and data requests. DocuMatrix allows the company’s end-user clients to search documents with complex criteria, including key words within the documents and values for metadata fields, eliminate duplicate documents from a collection of files and group near-duplicate documents (various draft versions of the same document). eDiscovery Managed Services The company’s eDiscovery managed services provide its clients with a self-service eDiscovery solution. The company provides clients with their own internal, 24/7 capability for eDiscovery processing, hosted document review, evidence handling and storage management. Its clients receive access to software, such as Arc and Horizon in a hosted environment to perform eDiscovery, as well as the workflow management protocols to integrate these capabilities. It works with each client to custom design a managed services environment to suit their capacity and workflow requirements for a fixed monthly fee. Managed services engagements typically involve multi-year contracts and recurring revenue streams. Arc is a propriety software solution developed and hosted by Iris that the company combines with certain third-party document review software, such as Relativity to allow its clients the ability to conduct their eDiscovery activities in a scalable, secure technology environment
epiq systems inc (EPIQ:NASDAQ GS)
501 Kansas Avenue
Kansas City, KS 66105
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