Intapp (INTA) J.P. Morgan 54th Annual Global Technology, Media and Communications Conference summary

Industry trends and demand

• Large financial professional services firms are experiencing structural demand growth, driven by their central role in capital flows, M&A, and compliance-heavy transactions.

• The enterprise segment, especially the top 2,000 firms, is expanding faster than the broader industry, with consolidation trends in accounting and private equity fueling technology adoption.

• AI is seen as a tailwind, enhancing efficiency and enabling new pricing models, rather than reducing demand for professional services.

AI strategy and product innovation

• Celeste, an AI-native, agentic platform, was launched in limited availability, designed specifically for compliance in highly regulated markets.

• The platform enables automation of support functions and managerial tasks, potentially impacting 20-25% of firm budgets and up to 50% of senior professionals' time.

• Celeste is model-agnostic, supporting OpenAI, Copilot, Anthropic, and others, allowing clients to choose their preferred AI models.

• Walls for AI extends compliance and governance to third-party AI tools, integrating with platforms like Copilot and Harvey.

Compliance, governance, and data management

• Celeste’s architecture is co-designed with clients’ compliance and risk teams, ensuring strict information governance and professional compliance.

• The system enforces ethical walls, data provenance, and model rerouting to maintain confidentiality and regulatory obligations.

• Firms balance the benefits of AI context with data minimization and client confidentiality, leveraging policy-driven controls inherited from prior document management systems.