Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Practus Selects Intapp to Deliver Risk and Compliance Solutions in the Cloud

Intapp, a leading provider of cloud software for the global professional and financial services industry, announced that virtual law firm Practus, LLP has selected Intapp Risk & Compliance, delivered in the Microsoft Azure Cloud, as its risk management and compliance suite.

The Intapp Risk & Compliance cloud suite helps professionals quickly and thoroughly evaluate new business, onboard clients, and monitor relationships for compliance throughout the client lifecycle. As a part of this suite, Practus will use Intapp Conflicts to implement a centralized, AI-driven approach to ensuring all ethical, business, and subject-matter conflicts are addressed quickly and confidently.

Read: How AI NFTs Are Unlocking the Democratization of the Digital Economy

“As a virtual law firm where our professionals can be located anywhere, we rely on technology to improve communication, responsiveness, and operations — but also to drive innovation,” said John Lively, Managing Partner and Founder of Practus. “Moving to Intapp Conflicts on Microsoft Azure will accelerate, strengthen, and simplify our internal processes. We believe Intapp is the best provider of technology solutions in this space. Partnering with Intapp will not only allow our clients to benefit from the efficiencies we gain, but also enable our attorneys to maximize the time spent delivering the highest levels of representation that our clients depend on.”

Intapp Conflicts will serve as a stable platform upon which Practus can manage their complex conflicts-checking process. The cloud-based solution will eliminate manual conflicts checking by the firm’s distributed staff, and leverage AI and predictive modeling to accelerate and manage the conflicts resolution and mitigation process.

Related Posts
1 of 40,138

Latest Insights: Why Only AI and Data Analytics Can Stop Financial Criminals

Deployment on Microsoft Azure aligns with Practus’s technology strategy, which focuses on cloud-based firm management, and ensures:

  • Consistent, reliable, and secure global access across devices to meet the needs of a dispersed workforce
  • The elimination of infrastructure overhead and on-premises maintenance, reducing IT expenses and ownership costs
  • Automatic and continuous updates guaranteeing the latest functionality, eliminating the need for manual upgrades
  • A security posture that exceeds common regulatory requirements while letting firms retain control over data access

“We are excited to be working with Practus to enhance their already collaborative, innovative, and consultative firm culture with conflict clearance capabilities they can depend on,” said Nigel Riley, General Manager of Intapp Risk and Compliance Solutions. “Intapp Conflicts cloud is the first step in the firm’s strategic approach to building a unified technology backbone for operations, freeing firm leadership to focus on client service.”

AiThority: The 3 Building Blocks to Make AI Accessible

[To share your insights with us, please write to sghosh@martechseries.com]

Comments are closed.