JP Morgan Chase launched COIN, machine learning software which they claim can help the bank’s legal teams review large volumes of legal documents using NLP. The COIN software was reportedly trained to recognize attributes in the documents which were decided by the bank’s legal team as important for extraction and summarization. COIN analyzes a document to find words or phrases relevant to these attributes. The system then extracts these attributes from the contract and presents them to a human reviewer. The system can also reportedly route any contracts that it could not analyze to human reviewers so that they can search the document manually.