Applying well-developed reference data principles to legal data is crucial for firms to unlock value from their data for business, regulatory and operational purposes

Harnessing the power of legal technology can enhance the way in-house legal teams deliver legal services and optimise business processes

Opening new frontier markets and sustaining existing markets requires dynamic collateral management to reduce counterparty risk exposure and optimise the assets held as security

Through embracing the business value of legal agreement data, in-house legal departments can become enablers of business optimisation and legal change

Legal data management is key to the evolution of derivative valuations, enabling more accurate and efficient pricing

Liquidity Coverage Ratio for US Basel III G-SIBs and the Net Stable Funding Requirements for the EU G-SIBs should be accurately calculated and evidenced

Ensuring relevant laws, policies and regulations are understood and where practical codified into an institution at the point of data consumption

For firms to optimise regulatory capital as well as successfully meet regulatory scrutiny, they require accurate and granular legal agreement data

Smart contracts offer compelling benefits - from streamlining to automation of the contracting process - they have the potential to improve efficiency, reduce client costs and legal risk

More than incurring regulatory penalties, those who ignore data protection lose out on market trust and potential for growth from having clean data and a clear understanding of their processing activities