Thomson Reuters introduces agentic AI CoCounsel
From Yahoo Finance: 2025-06-03 11:26:00
Thomson Reuters launches CoCounsel, an agentic AI platform for tax, audit, and accounting professionals, capable of complex tasks within workflows with transparency and accountability.
Developed over a year and integrated into key products, the AI platform is designed for high-stakes environments, ensuring accuracy and trust in legal, tax, risk, and compliance practices.
CoCounsel automates tasks like client file review and compliance checks, unifying firm knowledge into a cohesive AI-guided workspace, providing explainable outputs for professionals.
Thomson Reuters introduces Ready to Review, an agentic tax preparation app built on the GoSystem Tax Engine, assisting with tax returns and autonomously resolving diagnostics, set to redefine professional-grade AI.
Thomson Reuters unveils its second Corporate Venture Capital Fund valued at C$150m, focusing on early-stage technology companies in legal tech, tax, accounting, fintech, and other sectors, aiming to drive innovation in these markets.