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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > ADVANCED DISCOVERY EXPANDS RISKCOVERY®’S PREDICTIVE ANALYTICS TAXONOMIES TO IDENTIFY AND MITIGATE RISK FROM SEXUAL HARASSMENT IN THE WORKPLACE
    Top Stories

    ADVANCED DISCOVERY EXPANDS RISKCOVERY®’S PREDICTIVE ANALYTICS TAXONOMIES TO IDENTIFY AND MITIGATE RISK FROM SEXUAL HARASSMENT IN THE WORKPLACE

    ADVANCED DISCOVERY EXPANDS RISKCOVERY®’S PREDICTIVE ANALYTICS TAXONOMIES TO IDENTIFY AND MITIGATE RISK FROM SEXUAL HARASSMENT IN THE WORKPLACE

    Published by Gbaf News

    Posted on January 23, 2018

    Featured image for article about Top Stories

    Patented risk smoke detector customised to address widespread and underreported intimidating, hostile and offensive work environments

    Advanced Discovery,a global eDiscovery and risk management provider, today announced the company has launched a new sexual harassment taxonomy with which to identify and assess patterns of inappropriate workplace behaviour within an organisation’s electronically stored information. The new sexual harassment template is part of the Riskcovery® analytics suite.

    Riskcovery is a patented risk management solution built on an industry-leading conceptual analytics technology to capture abstract meanings of written communications, minimising the need for time-consuming manual intervention. It is an early warning risk smoke detector designed to alert corporate governance to the possibility of compliance, ethics and even procedural issues so that organisations can proactively identify and respond to risks in advance of litigation.

    According to a recent ABC News/Washington Post survey, 64 percent of Americans consider sexual harassment in the workplace a serious problem. The U.S. Equal Employment Opportunity Commission estimates that 75 percent of all workplace harassment incidents go unreported. Similar statistics are reported in the U.K., with 52 percent of women having experienced workplace sexual harassment; 79 percent of these incidents are unreported.

    “Sexual harassment is bigger than the recent headlines from Hollywood and high-profile executive resignations. It’s a widespread workplace issue with high-impact emotional and financial consequences,” says Jim Burke, CEO of Advanced Discovery. “Inappropriate and illegal workplace behaviour also increases enterprise risk with absenteeism, low productivity and staff turnover, as well as financial settlements and litigation costs.”

    Riskcovery can use predefined taxonomies to find and categorise documents based on sample text which contains content with similar concepts of interest, including sexual harassment. The sexual harassment taxonomy can be customised to an organisation’s specific code of conduct, governing law or other relevant input. The solution’s AI-powered analytics engine refines and expands the taxonomy’s predictive capability with additional input and use. Riskcovery connects to email servers and can ingest files from Gmail, OneDrive and Google Drive or from any Windows-based file system. Additionally, ingestion of mobile device data, one of the fastest-growing sources of ESI, including text and chat messages, is supported.

    “Risk mitigation means identifying trends and potential violations quickly and efficiently – well before they become costly problems for specific employees and the broader organisation,” concludes Burke.

    The sexual harassment taxonomy is one of several Riskcovery conceptual analytic templates, including Foreign Corrupt Practices Act (FCPA) and Departed Employee Protocol. Advanced Discovery expert advisors can also consult to create custom taxonomy templates to address a company’s specific GRC requirements.

    Company expert advisors will be hosting reservation-only peer-to-peer roundtables at the Warwick New York Hotel during Legalweek to discuss issues and best practices on the topics of harassment and discrimination, cybersecurity and eDiscovery expansion. In addition, they will be offering private product demos of its complete suite of patented and patent-pending solutions, including Riskcovery. To learn more or sign up to participate, visit www.advanceddiscovery.com/events/legaltech-2018-january-30-february-1/

    Patented risk smoke detector customised to address widespread and underreported intimidating, hostile and offensive work environments

    Advanced Discovery,a global eDiscovery and risk management provider, today announced the company has launched a new sexual harassment taxonomy with which to identify and assess patterns of inappropriate workplace behaviour within an organisation’s electronically stored information. The new sexual harassment template is part of the Riskcovery® analytics suite.

    Riskcovery is a patented risk management solution built on an industry-leading conceptual analytics technology to capture abstract meanings of written communications, minimising the need for time-consuming manual intervention. It is an early warning risk smoke detector designed to alert corporate governance to the possibility of compliance, ethics and even procedural issues so that organisations can proactively identify and respond to risks in advance of litigation.

    According to a recent ABC News/Washington Post survey, 64 percent of Americans consider sexual harassment in the workplace a serious problem. The U.S. Equal Employment Opportunity Commission estimates that 75 percent of all workplace harassment incidents go unreported. Similar statistics are reported in the U.K., with 52 percent of women having experienced workplace sexual harassment; 79 percent of these incidents are unreported.

    “Sexual harassment is bigger than the recent headlines from Hollywood and high-profile executive resignations. It’s a widespread workplace issue with high-impact emotional and financial consequences,” says Jim Burke, CEO of Advanced Discovery. “Inappropriate and illegal workplace behaviour also increases enterprise risk with absenteeism, low productivity and staff turnover, as well as financial settlements and litigation costs.”

    Riskcovery can use predefined taxonomies to find and categorise documents based on sample text which contains content with similar concepts of interest, including sexual harassment. The sexual harassment taxonomy can be customised to an organisation’s specific code of conduct, governing law or other relevant input. The solution’s AI-powered analytics engine refines and expands the taxonomy’s predictive capability with additional input and use. Riskcovery connects to email servers and can ingest files from Gmail, OneDrive and Google Drive or from any Windows-based file system. Additionally, ingestion of mobile device data, one of the fastest-growing sources of ESI, including text and chat messages, is supported.

    “Risk mitigation means identifying trends and potential violations quickly and efficiently – well before they become costly problems for specific employees and the broader organisation,” concludes Burke.

    The sexual harassment taxonomy is one of several Riskcovery conceptual analytic templates, including Foreign Corrupt Practices Act (FCPA) and Departed Employee Protocol. Advanced Discovery expert advisors can also consult to create custom taxonomy templates to address a company’s specific GRC requirements.

    Company expert advisors will be hosting reservation-only peer-to-peer roundtables at the Warwick New York Hotel during Legalweek to discuss issues and best practices on the topics of harassment and discrimination, cybersecurity and eDiscovery expansion. In addition, they will be offering private product demos of its complete suite of patented and patent-pending solutions, including Riskcovery. To learn more or sign up to participate, visit www.advanceddiscovery.com/events/legaltech-2018-january-30-february-1/

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