Three years ago, we introduced Factify 1.0 as a bold step forward for IPO verification, aiming to bring speed, transparency, and reliability to legal workflows in Hong Kong’s fast-paced capital markets. Since then, we’ve listened closely to the feedback of dozens of law firms, bankers, and compliance professionals who trusted Factify to streamline their crucial due diligence processes. Today, after extensive learning and development, we’re proud to unveil Factify 2.0—a monumental leap in user experience, AI-powered automation, and workflow intelligence.
Learning From the Experts
Our team spent countless hours in conversation with legal professionals to understand what truly mattered: faster responses, easier collaboration, stronger traceability, and a platform that feels less like software and more like a natural extension of your expertise. Their insights shaped every aspect of Factify 2.0, from performance tuning on large files to creating powerful, yet intuitive, interfaces that eliminate friction and let you focus on what matters.
A Smoother, Faster, Smarter Experience
Factify 2.0 delivers a reimagined document reader featuring a new, highly responsive action bar and seamless navigation—even with thousands of pages or scanned images. Uploads are lightning fast with intuitive drag-and-drop setup, and document processing that once took close to an hour now finishes in just a few minutes.
We’ve introduced sophisticated, AI-native features throughout the platform. Now, Factify automatically generates verification notes, recommends the scope and priorities for review, and links you instantly to the right supporting evidence—dramatically reducing manual effort and the risk of oversight. Our compliance Q&A engine and advanced analytics dashboards empower teams with real-time insights, so you can track progress and make timely, informed decisions.
Collaboration and Control
With enhanced permission controls and project management tools, Factify 2.0 makes it simple to organize complex verification projects across large teams. Assign reviewers, manage roles at the group or individual level, and benefit from detailed, section-based versioning for complete oversight and accountability.
Built for Today’s Legal Workflows
Factify 2.0 expands file compatibility beyond digital text—now supporting scanned documents, handwritten notes, and embedded charts or graphs. Multi-lingual support remains robust, powering cross-border dealmaking and research.
Here is a detailed comparison between Factify 2.0 and 1.0:
| Theme | Feature | Factify 2.0 | Factify 1.0 |
| User Experience | Document Reader | Fast, intuitive action bar; smooth navigation | Can lag with large docs |
| Document Upload | Drag-and-drop setup | File explorer upload | |
| Insights & Tracking | Project/section/member stats cards and charts | Charts only | |
| Explainability | Advanced explanation and traceability | Basic | |
| Language Support | Multi-lingual | Multi-lingual | |
| Automation & AI | Scope Recommendation | Fact, opinion, requirement suggestions | Fact/opinion only |
| Verification Notes | AI-generated | Manual entry | |
| Add-on Features | Compliance check, Automated Q&A generation | Not available | |
| Collaboration | Permission Control | Group/individual roles, added Reviewer role | Individual role assignment |
| Supporting Linkages | Page-specific references for docs | Semi-manual linking | |
| Performance | Upload Processing | 1–3min for document processing | 30–60min for main doc |
| Main Document Upload | Section-based versioning, multi-documents | Single document only | |
| Search & Retrieval | Info Retrieval | Content & chat-based search | Folder and document title search |
| File & Format | Document Format Support | Uploads digital, scanned, handwritten, charts/graphs | Digital documents only |
What’s Next?
Factify 2.0 represents a deep collaboration with the legal community and a direct response to its needs. We’re excited to set a new industry standard—one where legal professionals can focus on insight and judgment, with intelligent automation handling the rest.
To our clients, thank you for your partnership, trust, and invaluable feedback. Factify 2.0 is your platform: smarter, faster, and tailored to the real-world challenges of IPO and regulatory work. We can’t wait to see what you achieve with it.
Get Started Today
Ready to experience the future of IPO verification?
Discover how Factify 2.0 can streamline your legal workflows and empower your team with advanced AI, real-time analytics, and effortless collaboration. Let’s set a new standard for accuracy, efficiency, and compliance—together.
Contact us today for a demo, or sign up to upgrade your organization to Factify 2.0 and transform the way you verify.
Schedule a demo: https://wizpresso.com/Contact
Product page: https://wizpresso.com/RegulatoryReporting/Factify