Blazing a trail

Print This Post

17 November 2014


November has seen a number of significant wins for Riliance, and this brings the total number of new clients for the year to over 300 for the market leading compliance software and services provider.

The recent signing of major legal practices including Clifford Chance illustrates the products capabilities amongst the UKs largest firms and Riliance now boasts over 1,200 client firms ranging from sole practitioners through to magic circle and international practices.

Mark Gidge, CEO of Riliance said “Our business is developing and expanding rapidly and the client base mirrors the demographic of the legal sector, firms engage with our services and the system in a variety of ways and this has really helped us to tailor our products and services to meet the diverse requirements of the market.”

It is not only the solicitors market which is seeing the benefits of automating compliance tasks and processes, Riliance has also signed a major international accountancy firm and three FCA regulated Insurance providers as it expands into other sectors.

The business continues to blaze a trail with its innovative products and the launch of a comprehensive outsourced File Review Service; the product utilises the File Audit module on the Riliance software system to audit, collate, analyse and report on file reviews and their outcomes, and Riliance takes away time consuming element by doing the work for practices.

“The file audit module is a pivotal tool and from this we have launched a service that takes away the hassle for firms by utilising our compliance specialists to conduct audits for practices who either don’t have the time or see the value in an independent second eye on their files and processes – it is a key critical area for legal practices and can have a huge impact on quality and productivity” states Gidge “

There is no doubt that since its inception in 2012 Riliance has seen unprecedented growth for a business in the legal software and services sector, and as the OFR regime matures so does the range of products and support that the company provides. Another key step for the business is the award of the prestigious ISO27001 accreditation, demonstrating a commitment to quality and the highest standards of security.

With 2015 being forecast as another huge year of growth, and with the prospect of international expansion, Riliance is on course for another exciting chapter in its history.

 



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

Know your client checks – A lesson from BHS

Paul-Bennett for Legal Futures

As you will be aware, it is a legal requirement for advisory firms to carry out ‘know your client’ checks. The purpose of doing so is to confirm your client’s identity and to seek to provide protection in respect of anti-money laundering (AML) and terrorist financing laws. The BHS experience before the House of Commons’ work and pensions committee and business, innovation and skills committee shows that firms need to think beyond AML obligations.

September 29th, 2016