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Yerra Solutions Wins Singapore Business Review International Business Award for Compliance Consulting

Yerra’s Singapore-based Documentation Quality Assurance & Control team is recognized for innovation and excellence in delivering compliance solutions

Yerra Solutions announced today that its Documentation Quality Assurance & Control Team has won the Compliance Consulting Award in the Singapore Business Review International Business Awards 2017. The award was presented to Yerra Solutions by Tim Charlton, Editor-in-Chief of the Singapore Business Review, in front of 180 participants at the Singapore Business Awards on 8 June 2017.

The International Business Awards recognize the most outstanding international firms operating in Singapore, and Yerra Solutions was honored for the first time this year. Yerra won on an entry for a cross-border project involving carrying out compliance quality assurance on a set of complex financial agreements including ISDAs for a leading international bank. The award-winning service deals specifically with the Yerra team executing a large number of checks and controls to ensure that agreements were negotiated using the correct template, the correct legal language and in a way that is fully compliant with the client's guidelines. Yerra was selected for the Compliance Consulting award because of the innovative approach to this service and rigorous control and review process it helped the client put into place and for the ongoing compliance document review services its team is delivering to successfully implement the process.

“We are proud of our team of lawyers and compliance professionals that has delivered work that meets the high standards of the Singapore Business Review,” states Rajitha Boer, Founder & CEO of Yerra Solutions. “Not only did they meet the standards for this award but also those of our client and the regulatory body involved. This is another example of Yerra’s exceptional service and international credibility paying off for a client.”

This year's nominations were judged by a panel consisting of Ng Jiak See, Executive Director and Head of Corporate Finance Advisory at Deloitte Singapore & Southeast Asia; Choo Eng Chuan, ASEAN Markets Leader and Partner, International and Corporate Tax services at Ernst & Young Solutions LLP; Toh Kim Teck, Assurance Partner at Foo Kon Tan LLP; and Henry Tan, Managing Director at NEXIA TS.

Read more at Singapore Business Review.

Yerra Solutions Launches its IP Magic Triangle Solution at INTA Annual Meeting in Barcelona

Unique solution delivers the ability to automatically link and data mine information from IP, Legal and the Business to maximize value attained from IP assets

Basel, Switzerland – 22 May 2017 –Yerra Solutions AG, a global provider of innovative solutions for in-house legal & IP, eDiscovery and compliance, has launched a cutting-edge new solution to help companies better manage IP portfolios. The technology-enabled solution is dubbed the “IP Magic Triangle” because it offers a more automated way of linking the three critical components of an organization when it comes to handling its intellectual property assets – namely the IP department, legal department and the business from a product perspective.

Traditionally, collating the data and information needed to fully maximize the value of IP and minimize risk to the business around IP has been a highly manual process. Merging product information with IP rights details and contract terms has always been a time-consuming and costly special project. Yerra is offering an option to automate establishing, managing and maintaining this model.

“This innovative product is uniquely placed in the industry to truly ensure maximum value from the portfolio and business transparency. Applicable to all industry sectors, connecting this data and establishing the linkages from a product perspective is invaluable. I’m excited about another innovative product and solution developed by the highly skilled team here at Yerra,” notes Nadine Stuttle, Managing Director, Switzerland and senior IP expert at Yerra Solutions.

Some of the advantages offered by the Yerra IP Magic Triangle Solution:

·       Actively manage contractual expiries and renewals in line with IP asset management timelines whilst also reducing risk

·       Access to in-depth reporting capabilities against the portfolio to ensure maximum value

·       Ability to view loss of exclusivity and patent expiry per product, and levels of product syntax

·       Ability to link IP and contractual aspects to all levels of the defined product syntax

·       Significantly reduces cost and time spent in establishing linkages, as opposed to manually establishing

You can learn more about this solution at the INTA Annual Meeting in Booth F28.

About Yerra Solutions

Yerra serves the operational and technology needs of in-house legal & IP, eDiscovery and compliance organizations. The company’s offerings include consulting, managed services and technology solutions that drive operational efficiency and improved outcomes. Yerra is headquartered in Basel, Switzerland with offices in the UK, US, Singapore, Hong Kong and Poland. Learn more at www.yerrasolutions.com.

 

Legal IT Insider Guest Post: Who is Responsible for eDiscovery?

Yerra’s director of eDiscovery consulting Will Wilkinson looks at the rise of eDiscovery to become the vast industry we now recognise today in which corporate legal teams are increasingly taking control. He asks and answers the question, who owns eDiscovery?

Lawyer Monthly Legal Procurement Q&A with Laura Doyle

Laura Doyle of Yerra Solutions discusses the buying of legal services via traditional procurement processes with the editor of Lawyer Monthly. Read more to find out why legal procurement has become more popular in recent years and why more organisations are implementing legal procurement operations.

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