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Sterling Technology launches new partnership with Luminance

Sterling Technology, a global provider of virtual data rooms (VDRs), today announced the integration with leading artificial intelligence platform, Luminance.

The partnership builds on Sterling’s successful and secure document sharing solutions and extends the service to specifically support its legal customer base. The enhanced functionality offers API to simplify and speed up the due diligence, contract and document reviewing process. Sterling’s customers now no longer need to manage their documents in two separate systems, the new integration is enabling firms to seamlessly upload documents at any time, from any device, within minutes.

Sterling’s automatic synchronisation with Luminance ensures that no documents are missed during the upload, which is crucial for law firms conducting large-scale, high-risk due diligence reviews at any time, but of paramount importance in our current environment whereby the ability to access and checking against physical documents is severely curtailed.

Once documents have been automatically transferred to Luminance, the platform’s pioneering machine learning technology can rapidly read and understand the data room at hand, instantly flagging areas of critical risk to the lawyer. As a result, lawyers are empowered to deliver prompt and informed legal advice to their business and clients.

Jason Brennan, Luminance’s acting CEO, comments: “By integrating with Sterling and facilitating a quick and easy upload of legal data, Luminance’s customers will achieve even greater time savings and be sure of the most thorough document review. Indeed, with most of our client-base working from home due to the pandemic, Luminance’s integration with Sterling will enable customers to maintain efficiency and productivity during this critical period.”

Steve Dobson, Global Sales Director at Sterling Technology, adds: “We are very happy to have partnered with Luminance. Our clients require their technology partners to be on the same page and by ensuring seamless integration between the platforms we are enabling lawyers to be more efficient.”

For clients wishing to enable the integration contact the client support team at either Sterling or Luminance.

About Luminance

Luminance is the leading artificial intelligence platform for the legal profession. Founded by mathematicians from the University of Cambridge, Luminance has developed the Legal Inference Transformation Engine (LITE), the first true application of machine learning to the legal industry, combining pattern-recognition technology with supervised and unsupervised machine learning to read and understand human language. Luminance is used by law firms and in-house teams in over 53 countries around the world to improve processes such as due diligence, contract negotiation, regulatory compliance reviews, property portfolio analysis and eDiscovery. The company has offices in London, Cambridge, New York and Singapore.

About Sterling Technology

Sterling Technology is an international Virtual Data Room (VDR) provider. Sterling combine industry leading security, fast, intuitive technology and a fully managed client service team enabling projects to be completed faster and more securely. Sterling’s clients are based in 160 countries and number some of the largest organisations in the world of pharmaceuticals, private equity, consumer, banking, energy and government. Sterling is used by professionals to share information during highly confidential transactions for the purposes of due diligence.

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