Ontra, a specialist in contract automation and intelligence, has launched Ontra Synapse, an AI solution that automates the most critical legal workflows for private markets firms.
Ontra, a specialist in contract automation and intelligence, has launched Ontra Synapse, an AI solution that automates the most critical legal workflows for private markets firms. 

Ontra says Ontra Contract Automation, powered by Ontra Synapse, accelerates contract negotiation by up to 50% and decreases associated costs by up to 68%.
Ontra Synapse combines a repository of industry-specific contract data with both technology and human expertise. Ontra has processed over 800,000 agreements for private markets firms. Ontra Synapse anonymises and aggregates this data and then feeds it into a series of proprietary AI models that Ontra has fine-tuned to perform tasks specific to the private funds industry.
Ontra validates all AI-generated outputs using a global network of highly trained lawyers and paralegals. These “humans-in-the-loop” can accept or override AI suggestions. Ontra Synapse models train on human responses to deliver increasing levels of speed and precision that eclipse alternatives.
While Ontra Synapse relies on an aggregated, anonymised data set derived from a broad range of firms, it also takes into account customer-specific preferences. For example, Ontra enables each firm to build a detailed playbook and precedent library to develop a tailored and unique approach to negotiating future contracts. Additionally, Ontra Synapse adheres to rigorous security and confidentiality standards, enforcing encryption protocols at all levels and meeting the SOC 2 Trust Services Criteria for Security.
Ontra Synapse has been integrated into Ontra’s Legal Operating System and is now a native component of Ontra Contract Automation and Insight.
For more information about how Ontra Synapse can automate your essential legal workflows, visit www.ontra.ai 

