In January of 2015, a new mandate was published which will force major financial institutions to adopt an entirely new approach to managing their QFCs, or qualified financial contracts and related agreements. It stipulates extensive reporting on the data held within QFCs, expanding the type of information and the speed in which it is needed.
The Brexit clock is ticking for all organizations to determine how Brexit effects them. It is clear that for all UK and European based-businesses, Brexit will have a dramatic impact on business operations. For any North American or Asian organizaBon who does business internationally, there is a high likelihood that Brexit will impact them as well.
IFRS 16 requires a clear understanding of all your lease agreements. Seal Discovery and Analytics can help companies shorten the time and lower the cost for IFRS 16 preparedness.
Effective procurement and sourcing can have a dramatic and positive effect on any organization. By driving spend under management, managing supplier performance, and ensuring your contracts work for you, businesses benefit from far tighter controls.
Managing payment terms is just one example where leveraging a key contractual term benefits business, conserving cash: the lifeblood of any business. There are many other terms that are far less visible and rarely tracked that can have an equally large an impact to the business.
M&A activity is on the rise across most industries. For any organization engaged with M&A on the buy or sell side, vision into the risk and liabilities locked within contracts during the due diligence process is essential.The post merger integration process also requires fast, flexible and accurate visibility across both parties' contracts to manage liabilities, obligations and legal exposure.
Incomplete information in any solution you provide, whether it’s a Contract Lifecycle Management (CLM), Client Relationship Management (CRM), Supplier Relationship Management (SRM), Enterprise Resource Planning (ERP), or other enterprise system, hinders your ability to offer your customers the return on investment they seek.
Increasingly complex compliance requirements, industry regulation and multi-jurisdictional legislation are driving the need to extract an expanding array of key information from large numbers of contracts – Contract Abstraction.
Predictive coding is a technical term for the ability to leverage machine (computer) logic to help assist in the human review process of extracted Electronically Stored Information (ESI). This process is considered a Technology Assisted Review (TAR) of extracted ESI.
With the introduction of new and changing laws such as Dodd-Frank and ERISA, regulatory compliance grows more challenging by the day. In many cases, new mandates require firms to review, analyze and identify the relevant terms and provisions held in their contracts. How can you meet this challenge? With the help of the Seal Platform! Download the datasheet to know how the Seal Platform can find all your contracts leading to deeper insight, less risk, and better business decisions.
This guide has been developed to help financial services organizations to efficiently and effectively address the European Banking Authority (EBA) Draft Regulatory Technical Standard on a minimum set of the information for financial contracts. Download this document to know more in detail about top 5 tips you need to consider.
1990 N California Blvd., Suite 500
Walnut Creek, CA 94596
Tel: +1 650 938 SEAL (7325)
1-2 Hatfields, Waterloo
London SE1 9PG
Tel: +44 203 735 9898