What is CreateiQ in a nutshell?
CreateiQ is a next generation Contract Lifecycle Management (CLM) platform developed by experts at Linklaters, designed to speed up contracting, eliminate risk and give institutions access to the power of their legal data.
Why is legal data so important and what can you do with it?
Legal data is the business-critical information captured in your contracts. The sky is the limit as to what you can do with it. At CreateiQ we see our customers using it to manage contract risk and build dashboards, automate post-completion items and other things entirely.
Because the ability for institutions to leverage this data is so new, we are just seeing the start of how it will transform contracting globally.
Which institutions use CreateiQ?
Nearly 100 organisations leverage CreateiQ to power their contracting. Our customers include a diverse mix of financial institutions, consumer goods, real-estate and energy corporations and more.
The underlying technology for CreateiQ also powers ISDA Create, the contract management platform leveraged by members of the International Swaps and Derivatives Association.
Is CreateiQ available exclusively to Linklaters’ clients?
No, CreateiQ operates separately from Linklaters and is available to any organisation regardless of whether they are a Linklaters client.
Does CreateiQ integrate with other legal technology solutions?
Yes, we offer read and write APIs that connect CreateiQ seamlessly to other tools in your technology stack.
Where is my data hosted?
We store your negotiation data on Linklaters’ servers in their co-located data centres in the UK.
Can Linklaters see any of my client data?
No. Your data is encrypted both in transit and at rest. Linklaters only manage the underlying infrastructure and has no ability to decrypt your data.
Can my legal advisors use the platform on my behalf?
Yes absolutely, you can provide access to your advisors. Better still, with our advanced permissions features you can ensure they only see the contracts you want them to.
What if my counterparty doesn't want to use the platform to negotiate contracts?
We've built advanced functionality to make the counterparty experience as easy as possible and maximise willingness to use the platform - though at any stage either party can take the negotiation offline by downloading a copy. You can even feed the contract back into the platform to ensure you capture the data post execution.
Is CreateiQ just for lawyers?
CreateiQ was designed leveraging expertise from magic circle lawyers so legal folks love using the platform. We also made sure it's easy enough for other business teams to self-serve too.