Treliant and Logical Construct’s alliance offers customers leading edge technology, combined with services and consultancy support, to drive successful outcomes for your contract management challenges.
Regulatory Change
Common problems:
- Identifying all contracts subject to a specific change.
- Managing the client outreach process and tracking the update and approval of all contracts.
- Ensuring all parties are informed of the status of the change and the current basis of doing business with the client.
- Multiplication of required documentation due to regulatory change, benchmark reform and Brexit.
Examples:
IBOR Transition, Swap Dealer registration, BRRD
Business Evolution
Business changes often drive client contract updates:
- Moving in or out of businesses, locations or products.
- Moving clients between businesses or regions.
- Business re-structuring.
- Adjustments to business terms.
- • Adjustment to legal entity capabilities or operating model.
- Maintaining an overview of transient market events such as rating downgrades or collateral liquidity challenges.
Operational Efficiency
Ensuring control, transparency and efficiency:
- Managing the business-as-usual contract changes across a diverse universe of clients and contracts.
- Managing workflow and change approval efficiently.
- Delivering robust, efficient and effective collaboration across departments.
- Transition from paper-form to digital documentation.
- Move towards emerging industry-wide standards such as CDM.
- Management and overview of legacy documents which may be in different formats or duplicated.
Introducing Lyncs – the most advanced purpose-built contract data management solution for financial services
