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Smarsh Acquires Natural Language Processing Specialist Digital Reasoning
Thursday 12 November 2020

US-based software as a service company Smarsh has acquired US-based natural language processing, artificial intelligence, and machine learning Specialist Digital Reasoning, the company said.

The transaction brings together a leadership of Smarsh in digital communications content capture, archiving, supervision and e-discovery, with Digital Reasoning's leadership in advanced AI/ML powered analytics.

The combined company will enable customers to spot risks before they happen, maximize the scalability of supervision teams, and uncover strategic insights from large volumes of data in real-time.

Smarsh manages over 3bn messages daily across email, social media, mobile/text messaging, instant messaging and collaboration, web, and voice channels.

The company has expertise in serving global financial institutions and US-based wealth management firms across both the broker-dealer and registered investment adviser segments.

The report evaluates vendors on their completeness of vision and ability to execute, and in the 2020 edition, Smarsh was placed highest in ability to execute and positioned furthest in completeness of vision.
Date Published: 12/11/2020