The Role of the Contract in Banking and Financial Services Transformations

Presented by

Jim Burnick, Icertis; Jost Hoppermann, Forrester; Frederick Kim, Accenture

About this talk

Banks and diversified financial services institutions continue their transformation journeys amid increasing regulations and challenging market conditions. For many, transforming aging technology and digitizing manual processes will provide scale, improve the customer experience, and enable future growth initiatives.      To support these initiatives, emerging technologies also related to the “contract” and contract intelligence can play a critical role. Regulators are also willing to accept emerging technologies in compliance activities, ensuring repeatability of risk processes where variation of human activity exists. Like other industries, financial services have an opportunity to leverage innovations that cloud computing has made possible and benefit from technologies that continue to evolve at rapid speed.     Join our panel discussion to learn how firms are viewing contract intelligence as a critical component to enable products and services, manage third-party risk, meet regulatory and compliance demands, and fully realize the value of each relationship. The panel will explore: - The technology outlook for banking - The importance of customer-centricity - The important role that contract lifecycle management (CLM) is playing in transformation initiatives Presenters: Jim Burnick, Senior Director Financial Services & Insurance, Icertis Jost Hoppermann, Vice President Principal Analyst, Forrester Frederick Kim Managing Director - NA Finance & Risk Services Banking, Accenture

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With unmatched technology and category-defining innovation, Icertis pushes the boundaries of what’s possible with contract lifecycle management (CLM). The AI-powered, analyst-validated Icertis Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Offering an enterprise-wide 360-degree view of all contracts, deep insights and automatic oversight in a user-centric environment that accelerates time to contract, reduces risk, and improves the bottom line.