Across the globe, today’s leading financial institutions are making massive investments into technology and IT development. Why? To create best-in-class technology platforms, payment processing capabilities and financial systems that deliver digital solutions today’s customers have come to expect. It is clear that the world of financial services is rapidly changing as banks transition from the “Age of Regulation” to this new “Age of innovation.”

At the same time, in-house legal departments at banks are now challenged to keep up with these seismic shifts in the expectations of clients customers. The best take an innovative, agile approach to partnering with their business clients. Specifically, they recognize the need to build capabilities necessary in this changing legal, regulatory and business world; and they identify best practices from other institutions, both in the financial services sector and looking to technology and other related industries, to serve their own business needs.