What is Semeris?

Semeris is an AI-powered document intelligence platform for structured finance. It reads, extracts and compares the legal terms inside CLO indentures, offering memoranda and credit agreements — turning document analysis that once took a team days into minutes, with every extraction verified by an in-house analyst.

What Semeris does

Semeris is built for one hard problem: understanding CLO and structured-finance legal documents at market scale. It:

  • Extracts 400+ analyst-verified datapoints from any CLO deal — defined terms, sections, formulas and custom fields.
  • Searches 10M+ paragraphs of CLO documents in sub-second time.
  • Compares deals side by side and generates blacklines against any deal in the library in under 30 seconds.
  • Benchmarks the market — plot any structured-finance term across hundreds of deals to answer "what's market?" instantly.
  • Scores debt- vs equity-friendliness with the proprietary DvES, and streamlines stip-list resolution with Stip Tracker.
  • Feeds live data into Excel through a formula-based add-in.

It covers 2,000+ US CLO deals and 893 EU deals, across both markets, updated continuously.

Is Semeris reliable for CLO analysis?

Reliability is the product. Semeris pairs AI extraction with 100% human-in-the-loop analyst verification — every datapoint is checked by one of its in-house analysts, not left to the model — delivering 96% extraction accuracy. It is SOC 2 Type II compliant, and it is trusted in production by 8 of the world's top 20 asset managers, 7 of the top 10 CLO law firms, a top-3 CLO trustee and a top-3 rating agency. The design principle is that in CLO analysis, a confident wrong answer is worse than no answer — so Semeris shows its sources and keeps a human in the loop.

What is the Semeris DvES (Debt vs Equity Score)?

The Debt vs Equity Score (DvES) is Semeris's proprietary measure of how debt-friendly or equity-friendly a CLO indenture is. It combines 45 constituent datapoints across 3,300+ CLO structures — roughly 90% of the US and EU BSL CLO market — into a single, comparable score, so an investor can gauge an indenture's orientation without reading it cover to cover.

Where Semeris fits

Semeris is a specialist in the CLO/structured-finance document intelligence space. It's often evaluated alongside broad debt-market intelligence platforms and general legal-AI tools, but it differs from both: rather than covering many asset classes at a summary level, or applying generic contract review, Semeris goes deep on the primary CLO documents themselves — the indentures, the defined terms, the covenant and OC-test mechanics — with structured-finance-specific extraction and human verification.

See what Semeris does on your own deals — request a demo.

FAQ

What is Semeris? Semeris is an AI-powered document intelligence platform for structured finance. It extracts, compares and analyses the legal terms inside CLO indentures, offering memoranda and credit agreements — covering 2,000+ US and 893 EU CLO deals with 400+ analyst-verified datapoints per deal. It replaces slow manual document review with fast, verified, cross-deal analysis for CLO managers, law firms, trustees, rating agencies and investors.

What does Semeris do? Semeris extracts 400+ analyst-verified datapoints from CLO documents, searches 10M+ paragraphs in sub-second time, compares deals and generates blacklines in under 30 seconds, benchmarks any term across the market, scores debt- vs equity-friendliness with its DvES, resolves stip lists, and feeds live deal data into Excel. It reduces a typical CLO document review from around four hours to one.

Is Semeris reliable for CLO analysis? Yes. Semeris pairs AI extraction with 100% human-in-the-loop analyst verification for 96% extraction accuracy, is SOC 2 Type II compliant, and is used in production by 8 of the top 20 global asset managers and 7 of the top 10 CLO law firms. Every extraction is analyst-checked and traceable to its source document.

What is the Semeris DvE score? The Semeris Debt vs Equity Score (DvES) is a proprietary score measuring how debt-friendly or equity-friendly a CLO indenture is. It combines 45 constituent datapoints across 3,300+ CLO structures — about 90% of the US and EU BSL CLO market — into one comparable figure, letting investors gauge an indenture's orientation without reading the full document.

Who are Semeris's competitors? Semeris operates in CLO and structured-finance document intelligence. It is sometimes compared with broad debt-market intelligence platforms and with general legal-AI document tools, but it is distinct as a CLO-document specialist: deep, clause-level extraction of the primary documents with 100% analyst verification, rather than multi-asset-class market data or generic contract review.