[March 19, 2014] |
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GreenPoint Legal and Exigent Debut Orwell Compliance, a Sophisticated, Versatile Contracts and Compliance Management Tool
NEW YORK --(Business Wire)--
GreenPoint Legal, a global legal information services, outsourcing &
advisory company and Exigent, a global legal services outsourcing
organization today announced the availability of a service developed
specifically to solve the growing challenges of regulatory compliance
and legacy contract data management.
The service, named Orwell Compliance, was developed jointly by Exigent
and GreenPoint Legal to support the compliance requirements of companies
within regulated industries, or companies whose legacy contract data
requires strict monitoring. The service pairs the functionality of a
sophisticated contracts management database with external subject matter
experts to ensure the data harnessed by the system is cross-referenced
against industry-specific regulations. Non-compliant data triggers
efficient, user-friendly alerts so that remedial action can immediately
be taken.
The contracts database function supports real-time reporting, 24/7
cross-platform access and customized key-term capture, even if the
source material cannot be put through typial optical character
recognition software. Uniquely, the utility will be offered to the
market as a service, rather than a pure software license.
David Kinnear, Managing Director at GreenPoint Legal, explains, "Our
goal is to help clients balance the demands of regulatory compliance,
reputation management, and revenue generation. Orwell's powerful
combination of technology and services for regulated industries, where
data is power, delivers efficiency and accuracy in managing contracts
and other legacy data."
David Holme, Exigent CEO adds, "Combining our best-in-class contract
management technology with GreenPoint's established compliance expertise
fits perfectly with our strategy of aligning the delivery of legal
services with how clients need to operate commercially. Clients in the
regulated markets sector have shown a great deal of interest in this
next generation solution."
About Greenpoint Legal
GreenPoint Legal is a global legal information services, outsourcing &
advisory company offering a transformative solution in the legal and
compliance field. We've built a strong roster of attorneys and scholars
with global experience from world renowned firms and universities. We
combine their expertise with state-of-the-art technological innovation
to deliver world-class solutions and services for our clients.
About Exigent
Exigent Group Limited is a global legal services outsourcing
organization, providing advice on and delivery of a range of legal
services and business analytics to reduce risk, increase compliance and
to drive process and cost efficiencies for its clients in the US, UK,
Canada, Australia and South Africa. With the recent acquisition of the
India-based legal technology specialist mLegal, Exigent has become a
400+ member strong global workforce comprising consultants, business
analysts, attorneys, software developers and multi-skilled business
professionals. Exigent currently has 8 offices globally and 3 operating
centers in Bangalore, Cape Town and Perth.
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