Autonomy Process Automation Helps Baird Achieve Productivity and Efficiency Gains

By Autonomy Corporation Plc, PRNE
Monday, July 19, 2010

Leading Wealth Management Firm Reduces Paper Processing Time by 75 Percent and New Client On-Boarding Process Time By 70 Percent

CAMBRIDGE, England and SAN FRANCISCO, July 20, 2010 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in
infrastructure software for the enterprise, today announced that Robert W.
Baird & Co. (Baird) has significantly enhanced its operational efficiency and
employee productivity with the implementation of Autonomy Process Automation.
With Autonomy's unique ability to understand the content of the documents,
Baird has transformed its traditional paper-intensive client on-boarding
process into an automated, electronic one. As a result, the company has been
able to reduce its paper processing time by 75 percent within the first six
weeks of implementation. Baird's new client on-boarding process time has also
been reduced by 70 percent.

Baird is an employee-owned, international wealth management, capital
markets, private equity and asset management firm with offices in the United
States
, Europe and Asia. Established in 1919, Baird has more than 2,400
associates serving the needs of individual, corporate, institutional and
municipal clients. Baird oversees and manages client assets of more than
US$75 billion.

Traditionally, when Baird establishes a new client relationship, the
private wealth management team would have to obtain their new client's
paperwork and manually input the data into a content management system. The
on-boarding process touches critical line-of-business systems, regulatory
compliance, and a company's intellectual capital. This was a very
time-consuming and labor-intensive process.

Now with Autonomy Process Automation, Baird is able to rapidly transform
all new client paperwork into digital data, bringing control, security, and
visibility into every step of the on-boarding process. As a result, Baird is
now able to manage double the volume without increasing staff, delivering
significant cost savings to the company.

"Autonomy Process Automation allows our company to operate with the speed
and agility we need to provide superior service to our clients. Autonomy
delivers ease-of-use and flexibility that allow us to easily manage our form
packets in an environment that is constantly changing," said Scott Hanson,
First Vice President of Baird. "Prior to the deployment of Autonomy Process
Automation, our users had to search for the documents needed to facilitate
our transactions, or they would have to follow up with the client to get
additional documents signed. Now, they can gather all of the necessary forms
for the client with the click of a button. We are very pleased with the
Autonomy product's performance, scalability and security capability."

Autonomy Process Automation addresses the need in complex eForms and
Information Processing implementations to manage forms and documents as
packets or a case. With Autonomy's unique ability to understand the content
of the documents, data within a packet are able to dynamically exist as
either standalone entities or as part of a collection depending upon
real-time conditions that are automatically detected. This allows packets to
be acted upon in the same manner that individuals are accustomed to, but with
the underpinning of completely secure and automated processes. Users are
guided through the process using an intuitive wizard or table of
contents-type director to ensure completion at each step.

"Autonomy Process Automation has the unique ability to deliver
intelligence to customers' business processes, guiding a user through the
process while verifying corporate compliance. It proactively assists the user
in following corporate compliance policies and eliminates the idle time
between stages and errors that characterizes traditional manual paper
processes," said Sean Sullivan, CEO of Autonomy Cardiff. "The power of
Autonomy Process Automation is most apparent when automating complex
processes, such as those in financial services, where information is often
very dynamic and needs to be acted upon in parallel. Autonomy delivers
comprehensive tools to help customers automate its complex business
processes, while ensuring compliance and full transparency in real-time."

For more information on Autonomy Process Automation, please visit
www.cardiff.com/products/liquidoffice/index.html.

About Baird

Baird is an employee-owned, international wealth management, capital
markets, private equity and asset management firm with offices in the United
States
, Europe and Asia. Established in 1919, Baird has more than 2,400
associates serving the needs of individual, corporate, institutional and
municipal clients. Baird oversees and manages client assets of more than
US$75 billion. Committed to being a great place to work, Baird ranked number
11 on FORTUNE's "100 Best Companies to Work For" in 2010 - its seventh
consecutive year on the list. Baird's principal operating subsidiaries are
Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in
Europe. Baird also has an operating subsidiary in Asia supporting Baird's
private equity operations. For more information, please visit Baird's Web
site at www.rwbaird.com.

About Autonomy

Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in
infrastructure software for the enterprise, spearheads the Meaning Based
Computing movement. It was recently ranked by IDC as the clear leader in
enterprise search revenues, with market share nearly double that of its
nearest competitor. Autonomy's technology allows computers to harness the
full richness of human information, forming a conceptual and contextual
understanding of any piece of electronic data, including unstructured
information, such as text, email, web pages, voice, or video. Autonomy's
software powers the full spectrum of mission-critical enterprise applications
including pan-enterprise search, customer interaction solutions, information
governance, end-to-end eDiscovery, records management, archiving, business
process management, web content management, web optimization, rich media
management and video and audio analysis.

Autonomy's customer base is comprised of more than 20,000 global
companies, law firms and federal agencies including: AOL, BAE Systems, BBC,
Bloomberg, Boeing, Citigroup, Coca Cola, Daimler AG, Deutsche Bank, DLA
Piper, Ericsson, FedEx, Ford, GlaxoSmithKline, Lloyds TSB, NASA, Nestle, the
New York Stock Exchange, Reuters, Shell, Tesco, T-Mobile, the U.S. Department
of Energy, the U.S. Department of Homeland Security and the U.S. Securities
and Exchange Commission. More than 400 companies OEM Autonomy technology,
including Symantec, Citrix, HP, Novell, Oracle, Sybase and TIBCO. The company
has offices worldwide. Please visit www.autonomy.com to find out more.

Autonomy and the Autonomy logo are registered trademarks or trademarks of
Autonomy Corporation plc. All other trademarks are the property of their
respective owners.

    Autonomy Editorial Contacts:

    Winifred Shum             Louise Kehoe
    Autonomy (US)             Ogilvy PR (US)
    +1-408-771-6668           +1-415-677-2739
    wshum@autonomy.com        louise.kehoe@ogilvypr.com

    Edward Bridges            David Vindel
    Financial Dynamics (UK)   The Red Consultancy (UK)
    +44-207-831-3113          +44-207-0256529
    edward.bridges@fd.com     david.vindel@redconsultancy.com

Winifred Shum of Autonomy (US), +1-408-771-6668, wshum at autonomy.com; or Louise Kehoe of Ogilvy PR (US), +1-415-677-2739, louise.kehoe at ogilvypr.com; or Edward Bridges of Financial Dynamics (UK), +44-207-831-3113, edward.bridges at fd.com; or David Vindel of The Red Consultancy (UK), + 44-207-0256529, david.vindel at redconsultancy.com, all for Autonomy Corporation plc

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