iManage Acquires Elegrity to Boost Capabilities in Risk Management
iManage is acquiring Elegrity, a provider of risk and compliance management solutions, to broaden its Work Product Management Portfolio.
This acquisition enables iManage Work Product Management to efficiently and comprehensively manage key risk and compliance processes from client intake throughout the client and matter lifecycle.
Elegrity has gained market and thought leadership for its industry-leading solutions for managing conflicts of interest, new business intake, and other key risk mitigation processes in law firms.
iManage brings complementary skills and infrastructure to enhance Elegrity’s software applications and accelerate its growth.
iManage and Elegrity clients can expect to benefit from:
- A unified approach, supported with enhanced integration between new business intake, conflicts management, ethical walls and need-to-know security, legal holds, data loss prevention and records management. This can deliver world-class security and risk management at a significantly lower cost and with increased IT agility.
- Access to advanced R&D from iManage Labs including automation of compliance processes through the use of RAVN AI and improvements to the conflicts and new business intake user experience, leveraging iManage’s award-winning user experience design team.
- Increased investment in R&D, support, documentation and professional services, leveraging iManage’s global presence and partner channel, to support global firms.
- Access to over 200 man-years of combined expertise in the risk and compliance space, significantly enhancing iManage’s ability to understand and guide customers through the complex compliance landscape.
Elegrity will operate as a business unit of iManage, led by Joy E. Spicer, CEO and Founder of Elegrity.
For more information about this news, visit https://imanage.com/.