Challenges in Legal Work for Financial Services Organizations

Entra's founder and CEO, Troy Pospasil, discusses the challenges faced by financial services organizations in legal work. He highlights the time-consuming and inconsistent nature of reviewing routine contracts in private markets, which can negatively impact investment opportunities. Entra developed contract automation to address these challenges, leveraging AI to automate various aspects of the workflow. Pospasil emphasizes the importance of a human-in-the-loop process to ensure accuracy and perfection in the models' outputs. By automating high-volume routine contracting, Entra has improved efficiency and compliance for financial leaders.