In March, e-discovery technology and services company Compliance announced that Oaktree Capital Management had acquired an equity interest in its parent company System One, and with it would come “substantial investments in the growth of Compliance.” The first of those growth areas is now clear: Compliance is looking to expand beyond e-discovery into the burgeoning contracts realm.
Today, Compliance announced the launch of its contract analytics and contract lifecycle management (CLM) business, which utilizes the company’s preexisting e-discovery technology and workflows. The suite of solutions, the company said in a press release, aims to “streamline M&A events, data breach response, and regulatory inquiries.”
