DocGenix to tackle OTC derivatives documentation risk

A new documentation risk management firm, docGenix, has been established using technology originally developed by an affiliate of law firm Allen & Overy, Derivative Services LLP. The new company, which is independent of Allen & Overy, is to focus on documentation used in the over-the-counter (OTC) derivatives market.

The swift growth of this sector means many market participants are party to thousands of complex legal agreements, usually in the form of Isda master agreements and credit support

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