LEGAL TECHNOLOGY

Articles

D2 Legal Technology articles are available for download. Just click on the article links to download in PDF format:

The Past, Present and Future of Asset Segregation

As the market moves towards a new model that demands that vanilla OTC interest rate swaps must now be cleared through a Central CounterParty (CCP) – starting April 2016 and becoming standard procedure for major clients in the period up to late 2018 – the implications of the change have been creating waves. Read Paul Watkins' and Akber Datoo's considerations on the implications of the EMIR regulations for OTC derivatives with regard to client retention on Finance Magnates Click here to read the article.

Legal Data Management: Taking a holistic approach to data governance

Every financial institution knows the essenial importance of legal data – it underpins everything from regulatory compliance and the management/optimisation of capital, liquidity, collateral and many of the operational logistics of doing business. Yet, despite the increased regulation and better understanding within the industry of the value of accurate and usable legal reference data for downstream business users, too few organisations have adequately addressed their legal data management. The consequences, particularly within the complex and increasingly regulated capital markets, are significant

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D2 Legal Technology LLP sponsors and attends the prestigious P.R.I.M.E Finance Conference

The 5th annual conference of P.R.I.M.E Finance took place on 25th and 26th January at the opulent Peace Palace in The Hague, Netherlands. Akber Datoo, founder and managing partner, Simon Leifer, partner, and Peter Sime, senior adviser at D2 Legal Technology LLP, all attended as sponsors of the conference, alongside industry experts and distinguished speakers.

The conference featured a prestigious selection of attendees and speakers including The Rt. Hon. The Lord Woolf of Barnes, CH; The Hon. Judge James M. Peck; Professor Jeffrey Golden; Philip Wood QC, CBE; Professor Darrell Duffie; Duncan E. Goldie-Morrison; and Robert G. Pickel, ex-CEO of ISDA.

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Protocols – Expedient Mechanism or Ticking Time-Bomb?

The use of protocols has become standard practice over the past couple of decades to enable financial firms to quickly change large volumes of contractual documents in order to meet regulatory timelines and respond swiftly to market events, with over 50 protocols created to deal with the changes to regulations and legislation over the past 17 years. Clearly this is a powerful model but the level of complexity has increased significantly since the introduction of the European Monetary Union (EMU) protocol. As the industry waits for the extension of the extremely complex Resolution Stay (Living Wills) protocol and anticipated introduction of a BCBS-IOSCO related protocol, Akber Datoo, founder and managing partner of D2 Legal Technology, calls on financial institutions and regulators - who now also appear to consider protocols to be a panacea for all - to consider the underlying risk before it is too late.

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‘A-greek-ment’: – Managing the Uncertainty

Amid one of the worst crises in the EU's history, many financial institutions are still unsure as to the potential legal and financial implications that the exit of Greece - or indeed of any nation from the single currency – may cause.

Akber Datoo & Simon Leifer, co-partners of D2 Legal Technology, call on financial institutions to urgently review their derivatives contracts to determine the true level of risk exposure and to take remedial action as appropriate.

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Time to put Legal Contract Data Front & Centre

Every financial institution knows the essential importance of legal contract information – it underpins everything from regulatory compliance and the management/optimisation of capital, liquidity and collateral. So why are just 16% of organisations completely satisfied with the current level of contract data accuracy? The implications post Lehman of failing to get a handle on legal contract data are serious; yet too many financial institutions are, frankly, still tinkering at the edges of this critical business issue.

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Document Generation

DocumentGenerationStreamlining the entire OTC derivatives legal documentation process – creation, negotiation and management of agreements. more…

Data Extraction

DataExtractionTrack, audit & analyse existing document data across document portfolios, automating granular data feeds with downstream consumers.more…

Digitising Contracts

DigitisingContractsConverting image scans of your documents to machine readable form using OCR technology.more…