Source: Tech EU
Legaltech Litera has acquired Filetrail, an information governance and records management SaaS.
FileTrail will add on to Litera’s suite of legal tools that unify data management, simplify compliance, streamline transfers, and optimise record disposition. These enhancements will provide Litera customers with a more comprehensive and modernised solution for managing evolving regulations and data security threats across both physical and digital records.
“Firms have always prioritised information governance and safeguarding client and matter data, but in today’s regulatory environment, it’s become even more critical,” said Litera CEO Sheryl Hoskins. “It is essential for firms to maintain a complete view of client and matter data to comply with their regulatory obligations. FileTrail’s strength lies in its ability to offer a unified view of all data within an organisation, and this integration into Litera’s existing GRC portfolio will provide firms and corporate departments with industry-leading Governance, Risk, and Compliance capabilities.”
Commenting on the acquisition, FileTrail CEO Harold Westervelt noted: “We are excited to showcase our cutting-edge suite of products to a larger, more agile fan base. The combination of FileTrail’s capabilities, alongside Litera’s CAM, PowerDesktop, and PS/Ship products creates a governance solution that allows our customers to have complete control over sensitive client data.”
Read full article: https://tech.eu/2024/07/29/legaltech-litera-acquires-records-management-saas-filetrail/
