MOUNTAIN VIEW, Calif. — June 27, 2011 — Clearwell Systems, Inc., a leader in intelligent e-discovery, today announced that Betfair (LSE:BET), one of the world’s largest international online sports betting providers, has selected the Clearwell E-Discovery Platform for in-house e-discovery. Betfair’s legal and IT teams are using Clearwell for pre-processing, processing, analysis and review of electronically stored information in order to streamline the e-discovery process. As a result of managing its e-discovery in-house, Betfair will be able to significantly slash the costs and risks related to litigation, regulatory inquiries and internal investigations.
“E-discovery and investigative costs can be quite significant, especially when handled via outsourced services,” said Jonathan Oates, head of corporate communications at Betfair Group. “To proactively address this, we evaluated several products to facilitate investigations and e-discovery and selected Clearwell for its early case assessment and review capabilities. Bringing the e-discovery process in-house with Clearwell allows us to gain valuable control over internal investigations, institute best practice compliance processes, and greatly reduce our e-discovery costs.”
The Clearwell E-Discovery Platform is an enterprise-class solution that was purpose-built for e-discovery. Clearwell’s Processing and Analysis Module provides several features such as Transparent Search, discussion threads and people analytics that enable Betfair to significantly accelerate early case assessment, defensibly eliminate irrelevant documents and false positives, and rapidly perform first-pass review. Clearwell’s Review and Production Module allows reviewers to view all related documents in context, perform one-click tagging, redact documents and apply reason codes, increasing review throughput and consistency. In addition, the Clearwell E-Discovery Platform automatically tracks all actions on case documents throughout the e-discovery workflow, ensuring a defensible e-discovery process.
“E-discovery can be a complex and expensive process for any organization but particularly for large-scale companies where business operations have a global reach,” said Kamal Shah, vice president of products and marketing at Clearwell Systems. “To proactively address this growing challenge, savvy companies like Betfair are choosing to bring e-discovery in-house in order to perform strategic early case assessments, streamline critical review workflow, and gain full control over e-discovery and investigations.”
For more information on the Clearwell E-Discovery Platform, visit www.clearwellsystems.com or call 1-877-CLEARWELL.
Betfair is one of the world’s largest international online sports betting providers and pioneered the betting exchange in 2000. Driven by cutting-edge technology, Betfair’s exchange enables customers to come together and bets at odds they set themselves. The company now processes over five million transactions a day from its three million registered customers around the world. In addition to sports betting, Betfair offers a portfolio of innovative products including casino, exchange games and poker. Betfair has twice been named the UK’s ‘Company of the Year’ by the Confederation of British Industry and has won two prestigious Queen’s Awards for Enterprise, being recognised for Innovation in 2003 and most recently for International Trade in 2008. Betfair currently employs over 2,000 people worldwide. The company holds betting licences in Gibraltar, the US, Tasmania, Italy and Malta.
About Clearwell Systems
Clearwell Systems is transforming the way enterprises, government agencies, and law firms perform electronic discovery (e–discovery) in response to litigation, regulatory inquiries, and internal investigations. The Clearwell E–Discovery Platform streamlines end–to–end e–discovery, providing a single product for identification, collection, preservation, processing, analysis, review, and production. Leading global organizations such as AEGON, Betfair, Bombardier Learjet, Clear Channel Communications, Constellation Energy, the Department of Health and Human Services, Immigration and Customs Enforcement, GameFly, Microsoft, NBC Universal, OfficeMax, Saint Barnabas Health Care System, Time Warner, Toyota and Volvo are using Clearwell to streamline legal hold notifications, automate collections, accelerate early case assessments, intelligently cull–down data, increase reviewer productivity, and ensure the defensibility of their e–discovery process. Consistently ranked as a leader in independent e–discovery industry surveys and reports, Clearwell Systems is an active participant in the Electronic Discovery Reference Model (EDRM) Project, The Sedona Conference, and the Text REtrieval Conference (TREC). For more information, visit www.clearwellsystems.com, follow us on Twitter at http://twitter.com/clearwell, or subscribe to the E–Discovery 2.0 blog at http://www.clearwellsystems.com/e–discovery–blog/.