back Back

Wolters Kluwer makes new enhancements to AI-Powered Legisway

By Gloria Methri

February 15, 2023

  • AI-Powered Decisioning
  • Client Interaction Workflow Solution
  • Contract Lifecycle Management

Wolters Kluwer Compliance Solutions, NYDIG, Bitcoin, Bitcoin Risk Assessment, Regulatory Assessments, Financial Institutions, Regulatory, Compliance, GRC, Risk Management, eOriginal, USAWolters Kluwer Legal & Regulatory, U.S. has announced a suite of new features and functions to its AI-powered version of Legisway. The enhancements aim to strengthen the all-in-one SaaS solution that powers enterprise legal management for corporate legal departments.

Legisway is a configurable, modular workflow solution, productivity tool, and smart repository for mid-sized corporate legal departments across several industries.

The solution contains powerful contract lifecycle management and customizable modules for a wide range of workflows. The new enhancements are expected to bolster the solution’s wide range of workflow capabilities to help users increase visibility, better manage risk, collaborate effectively with their business, and more.

“Users now have access to a suite of tools to enable more streamlined task management, faster contract drafting, and AI-powered risk management,” said Ken Crutchfield, Vice President & General Manager of Legal Markets at Wolters Kluwer Legal & Regulatory U.S. “Wolters Kluwer has a strong, longstanding track record of providing best-in-class solutions for the corporate legal market. With these new additions, we are showing our customers that we are committed to continuously improving an already powerful, intuitive solution that evolves with their needs and brings them the best possible outcomes.”

Legisway offers AI-powered contract lifecycle management (CLM) that enables document creation, editing, and version control, as well as self-service templates and a legal ticketing system. Outside of CLM, users can leverage the modules to manage legal entities and corporate governance, intellectual property rights, legal claims, real estate, outside counsel spending, and more. The solution enables flexibility to create and manage custom reports, operationalize business processes, and create automated alerts on key milestones.

In December 2022, Wolters Kluwer announced its acquisition of Della AI Ltd., a provider of leading artificial intelligence technology based on advanced natural language processing. This technology allows legal professionals to review contracts in multiple languages by simply asking questions.

Previous Article

February 15, 2023

3 FinTech companies in Japan to watch out for in 2023

Read More
Next Article

February 15, 2023

HALA acquires UAE’s payment start-up,

Read More

IBSi Daily News Analysis

digital wallets

March 01, 2024

AI-Powered Decisioning

Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 01, 2024

Marqeta & AffiniPay team to launch SMB credit card solution

Read More

March 01, 2024

Saikyo Bank & nCino to boost operational efficiency and customer experience

Read More

March 01, 2024

FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023