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CIO Applications Weekly Brief

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Editor's Pick (1 - 4 of 8)
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First Multi-Jurisdictional Online Library to Annotate Legal Texts in Digital Format

By CIO Applications| Wednesday, October 30, 2019
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The first multi-jurisdictional online library of digitized legal texts is enabling the legal, consulting, and regulatory communities to interact and compare legal texts in digital format.      

FREMONT, CA: New York-based technology pioneer in real-time intelligent decision engines, Droit, has launched the first multi-jurisdictional online library of digitized legal texts. The launched platform provides the broad legal, consulting, and regulatory community with the ability to interact, compare, collaborate, contrast, tag, and annotate legal texts systematically in digital format in a structured data-driven manner. The process of drafting, reviewing, analyzing, and maintaining legislative content has the necessary data infrastructure for sophisticated collaboration and analysis tools.

The new platform supports principal securities and derivatives laws and regulations from the US Code of Federal Regulations (CFR), the US Code (USC), the Legal Acts of the European Union, and the entirety of the Federal Laws of Switzerland. The library maintains every version of relevant documents published by the regulators, horizon scanning for changes, and necessary updates. Digitized regulatory text is the 

future that will change the entire workflow around the drafting and analysis of legal content.     

Droit's global regulatory library offers the legal, consulting, and regulatory community with the digital raw materials necessary for any systematic analysis and collaboration. The company has provided digitized regulatory texts governing derivatives and securities transactions to its financial institution clients for several years. The broader regulatory community benefits from access to these digitized texts that are supported by a robust technology and data infrastructure.   

Droit is a tech firm at the forefront of computational law and automated decision-making. The company creates mission-critical, real-time decision systems for the world's most prominent and sophisticated financial institutions. Droit values intellectually curious, creative people who enjoy solving complex, unusual problems, and building breakthrough products. Droit's culture and organizational model encourages accountability, collaboration, and knowledge sharing.

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