“Banking and finance lawyers understand that a critical aspect of their job is to provide advice based on the full picture of the matter at hand. This involves not only a detailed analysis of an abundance of available information, but also the time-consuming and difficult task of collating and examining information from multiple information providers, credit bureaus and regulatory sources.
Careful analysis is required to avoid blind spots, in advertent errors or omissions, which all carry the risk of significant and even catastrophic financial losses to their clients and potentially their own practices.
However, where there is risk, there is opportunity. Visualisation technology allows banking and finance lawyers the opportunity to drive measurable success in transaction management and turn linear data into actionable insights, thereby mitigating risky blind spots.”
Read the full article here.