FTI Technology, the business segment of global business advisory firm FTI Consulting, has launched a new version of its Ringtail e-discovery software, including the launch of its predictive coding software.

Ringtail's predictive coding delivers a unique visual approach to the process of creating and training a classifier to code large document sets quickly and defensibly. The application includes an intuitive workflow, visual validation of a model's performance, and a projections matrix.

This matrix enables teams to examine recall and precision targets and weigh them in context with the costs and benefits of the corresponding review volumes. The predictive coding functionality is supported by statistical sampling as well as Ringtail's visual analysis and review capabilities. 

In addition to the predictive coding functionality, Ringtail offers a number of new features and enhancements that enable users to:

Create statistically representative sets within the document population to analyze the data and determine trends, characteristics and the potential cost of review;

Import and manage transcript files or collections from LiveNote and easily browse, search, annotate, link, report and export the materials;

Analyze large document populations faster and more easily than ever due to numerous usability and performance enhancements to Ringtail Analytics; and

Collate related information with ease by linking documents to issues, binders, transcripts, saved searches and other objects in Ringtail.

Ringtail provides a complete e-discovery solution that combines case management and document review in a single platform. This includes powerful data analytics and visual review tools that dramatically increase the productivity and efficiency of legal review.