Contract Lifecycle Management: Contract Lifecycle Management News

Founded in 2011, Vuram is a hyperautomation services company that specializes in low-code enterprise automation.
Their technology stack consists of business process management (BPM), robotic process automation (RPA), optical character recognition (OCR), document processing, and analytics.
Vuram is based in Chennai, India, and has about 500+ employees worldwide.
The company was recognized as a Hot Vendor by HFS in the integrated and intelligent automation services space.
In 2020, Vuram ranks 10th among the top 50 Great Mid-Sized Workplaces in India certified by Great Place to Work® institute.
Their contract management solution offers a contract repository that provides a single view of all contracts including relationships between master and sub-master contract types, plus configurable workflows for contract creation, approval, execution, and termination.

Founded in 2014, Volody is cloud-based enterprise software product Company that offers Contract LifeCycle Management Software, Compliance Management Software, Insider Trading Compliance Management Software, and a Board Meeting Management Software
The New York-headquartered company has less than 50 employees, 14 of which are based in Mumbai, India.
The London Interbank Offered Rate (LIBOR) is a measure of the average rate at which banks are willing to borrow wholesale unsecured funds. It is administered by ICE Benchmark Administration.
LIBOR was introduced in 1986, and more than $370 trillion worth of notional contracts reference LIBOR.
In July 2017, the Financial Conduct Authority’s (FCA) Chief Executive Andrew Bailey announced that the FCA would no longer compel banks to submit data to the London Interbank Offered Rate (LIBOR) after 2021.
LIBOR is supposed to be replaced by a new rate i.e. the Secured Overnight Funding Rate, or SOFR.

Contract Lifecycle Management