Rapid advances in technology continue to transform the Banking and Financial Services industry. There is pressure to revitalize legacy systems while also introducing new data-driven technologies to address customer needs for easier, faster and secure banking solutions. Organizations which successfully transform themselves are likely to see increased customer retention and greater market share.
Osler’s Commercial Technology Transactions team provides expertise in complex, sophisticated technology and outsourcing transactions, including business functions which have technology at their core, such as payment systems, customer and sales data collection, loyalty card programs, logistics and supply chain management. We are also at the forefront of the law as it applies to new and emerging developments in technology such as artificial intelligence, the Internet of Things, blockchain, data science and robotics.
Our team also has extensive experience advising on all aspects of the technology procurement process, including negotiating product purchase and outsourcing arrangements, and drafting the terms of master services agreements. We leverage our privacy experts for their specialized knowledge and experience regarding all aspects of privacy and data protection laws, including the handling of personal information.
As you plan to modernize and update your technology, look to Osler for the legal and strategic business advice that will help improve your competitive position.