Lawyers for Arthur Andersen are relying on the expertise of a local company, Providence-based Ibis Consulting, to help document the accounting giant’s role in the complicated and sudden collapse of energy giant Enron.
Ibis founder Jay M. McNally has been hired by Manhattan-based law firm Davis Polk & Wardwell, which is representing Arthur Andersen.
Both McNally and Davis Polk & Wardwell declined comment for this article.
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In an interview with Providence Business News last year, McNally described his company as "a data-mining boutique. What that means is that we take big piles of electronic documents and transform them into other things, do various types of filtering and load them onto other types of systems."
Ibis takes heterogeneous data – like e-mail, spreadsheets and other documents – and "makes them all the same," McNally said. The "homogenized" data can then be sorted, using keywords.
Ibis provided its data mining services to the Democratic National Committee when it received inquiries regarding campaign contributions from foreign nationals in 1996.
Founded in Manhattan as a software development firm in 1992, Ibis provides electronic discovery and data management services to some of the country’s leading law firms and major corporations engaged in large-scale litigation, mergers and acquisitions and white-collar criminal defense.
While the core of the company’s business is related to the legal community, Ibis also works in the financial and pharmaceutical industries, primarily in New York.
