Issue 5 2019

22 CORPORATE VISION / Issue 5 2019 , Apr19015 D2 Legal Technology (D2LT) is a global legal data consulting firm that is focused on the “Digitisation of Law”. Recently, the firm found success in CV’s Corporate Excellence Awards 2019 where they were recognised as 2019’s Leader for Legal Data Consultancy – UK. On the back of this win, we caught up with Akber Datoo, Founder andManaging Director, who provided us with a glimpse into the inner workings of the award-winning firm. Enabling Clients to Excel at Meeting Challenges Established in 2011, D2 Legal Technol- ogy (D2LT) is an award-winning legal data consulting firm acting as a trusted advisor to financial institutions on process, data and the use of technology to unlock business value through legal change. Akber begins by going into further detail about the area the firm specialises in, espe- cially the approach D2LT takes to ensure that they not only meet the requirements which have been set by their clients, but also surpass their expectations. “Here at D2LT, we are a trusted adviser to major investment banks seeking to solve business prob- lems that have a legal component to them. Given the historic con- servatism of the legal profession, we can assist our clients to con- sider technology enablers, helping them to understand, select and configure the tools that sit in the LegalTech/FinTech ecosystem. Our approach is to advise clients how to refine and optimise processes and structure data effectively before implementing any system since this is typically a precondition to maximising the value of such solutions.” Providing the firm with the platform to deliver these innovative solu- tions, is the expert team of legal change specialists who forms the backbone of D2LT. When discuss- ing the internal culture, Akber is keen to highlight the significant role the team plays in the overall success of the firm. “At D2LT, we have a unique blend of industry knowledge, legal, tech- nology and transformational skills As a result, it equips us to quickly assess the issues an institution is facing and to propose and deliver an appropriate solution.” Looking ahead to what the future holds, Akber signs off by revealing what lies ahead for the award-win- ning firm, touching on how it is an exciting time in the industry. “D2LT is leading industry initia- tives such as the ISDA Master Agreement Taxonomy Standard. This offers a chance for market participants in the OTC derivatives industry to enhance efficiency, reduce operational risk and poten- tially explore emerging technolo- gies such as Blockchain, Smart Contracts and Artificial Intelligence/ Machine Learning in respect of legal documentation. We see this trend continuing as the broader financial industry embraces the op- portunities afforded by technology enhancement. “Moving forward, this is an exciting time to be involved in the transformation of financial services through the medium of legal data. Ultimately, we feel passionately that decisions and investments that financial firms take today in this area will manifestly optimise business decision-making and enhance their operating environ- ments by improving transparency to regulators, reducing risk and enhancing efficiency.” Contact: Akber Datoo Company: D2 Legal Technology Address: Level 39, One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom Telephone: 020 30702266 Web Address: www.d2legaltech.com