Innovative Technologist to Aid Development of FiscalNote’s Legal Analytics Platform
Washington, DC (PRWEB) October 28, 2015
FiscalNote™, provider of a real-time legal analytics platform that tracks, analyzes and forecasts legal and policy data, today announced the addition of Philip Resnik, Ph.D., a computational linguistics expert, to the company’s board of advisors. In this role, he will provide guidance on product development, particularly in regards to FiscalNote’s analysis and natural language processing capabilities.
As professor and recent director of the Computational Linguistics and Information Processing Laboratory at the University of Maryland, Resnik specializes in computational approaches to social science, is an expert in natural language processing and is widely recognized as one of the researchers who helped bring data-driven approaches to the field. His approach emphasizes finding the right balance between data-driven analysis and expert knowledge in computational modeling.
In his role as advisor, Resnik will serve as a resource during a period of tremendous growth for FiscalNote.
“Dr. Resnik’s more than 25 years of expertise in natural language processing and data analysis brings an invaluable resource to FiscalNote,” said Tim Hwang, co-founder and CEO, FiscalNote. “We look forward to gaining his unique insight and learning from his extensive knowledge of computational linguistics.”
Outside academia, Resnik is a serial entrepreneur, with experience that includes being a technical co-founder of CodeRyte (clinical natural language processing, acquired in 2012 by 3M), lead scientist for Converseon (spearheading development of their sentiment analysis platform, now marketed as ConveyAPI), and founder of React Labs, which is commercializing his research on scalable real-time response measurement and engagement using mobile devices.
FiscalNote’s first product, Prophecy, uses legislative data from all 50 states, the District of Columbia and the U.S. Congress to determine legislator effectiveness and forecast policy outcomes with more than 94 percent accuracy. In 2015, the company introduced Sonar, which searches, tracks and analyzes regulations while providing analysis across comments from stakeholders; and Atlantis, a comprehensive database of state regulations that provides customized analysis and regulatory documents. The company aims to better connect organizations with government data, providing data-driven analysis to help policy and legal professionals gain valuable, actionable insights.
“I am thrilled to join the FiscalNote advisory board,” said Resnik. “I’m very excited by the company’s vision of identifying a concrete problem and making real progress with innovative and useful technical solutions. The FiscalNote team has a wonderful combination of intelligence and energy, and I look forward to helping the team make its products visible to a wider audience.”
Resnik becomes the tenth member of the FiscalNote board of advisors. He joins Katharine Weymouth, former publisher and CEO of The Washington Post; John Suh LegalZoom CEO; Alec Ross, former senior advisor for innovation at the State Department; Gen. Stanley McChrystal, retired United States Army general; Sheel Tyle of NEA; Mike Ferguson, former congressman from New Jersey; Glenn Hubbard, dean of the Columbia University Graduate School of Business; Bruce Mehlman, managing partner of Mehlman Castagnetti; and Tony Ng, director of architecture at eBay.
Resnik earned his bachelor's degree in Computer Science at Harvard in 1987 and his Ph.D. in Computer and Information Science at University of Pennsylvania in 1993, and joined the University of Maryland faculty in 1996. His industry experience prior to entering academia includes time in R&D at Bolt Beranek and Newman, IBM T.J. Watson Research Center and Sun Microsystems Laboratories.
FiscalNote provides a real-time legal analytics platform that is revolutionizing the way policy and legal professionals work. With its mission of unlocking open data and fostering a transparent political and legal system, FiscalNote’s next-generation platform connects policy and legal professionals with the information they need to get vital alerts on market-moving issues, instantaneously analyze relevant laws and react effectively to political risk. The company’s first product, Prophecy, tracks, monitors and forecasts the outcome of state and federal legislation. Powered by its proprietary ingestion and predictive analytics engine, Prophecy uses legislative data from all 50 states, the District of Columbia and the U.S. Congress to determine legislator effectiveness and forecast policy outcomes with more than 94 percent accuracy. In 2015, the company introduced Sonar, which searches, tracks and analyzes regulations, while providing analysis across comments from stakeholders; and Atlantis, a comprehensive database of state regulations that provides customized analysis and regulatory documents. Founded in 2013, FiscalNote’s customer base spans multiple industries, including financial services, healthcare, energy and transportation, among others. Customers such as Aetna, Lyft and the Democratic Governors Association (DGA) utilize FiscalNote for legislative and regulatory insight across their organizations.
FiscalNote is backed by Mark Cuban, Renren, NEA, Jerry Yang’s AME Cloud Ventures, Green Visor Capital, First Round Capital’s Dorm Room Fund and Visionnaire Ventures. For more information, visit http://www.fiscalnote.com and follow on Twitter @FiscalNote.
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