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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