In such an unstable financial environment, firms are reporting a dramatic increase in litigation and criminal activity, particularly as investors seek to recoup their losses and investigations into poor lending practices reveal increased internal and external fraud.
Avanon Legal supports the capture of legal cases, estimates of potential damage, the actions linked to mitigate and global reporting to track status. Associated with this is the capability to manage insurance policies and claims.
"We selected the Avanon solution because it simply offered the best fit for our needs. Flexibility and forward compatibility were also key selection criteria."
Walter Hollenstein
Head of Corporate Risk
Alpiq Energy