LexisNexis [1], a leading global provider of information and analytics, today announced that LexisNexis and P.R.I.M.E. Finance have collaborated to launch a unique case database, which provides access to a wide range of cases from around the world. Through the database, P.R.I.M.E. Finance experts and the judges they train can access links to cases, transcripts and available law reports on LexisLibrary®, in addition to practical guidance from LexisPSL® Banking & Finance and Arbitration and host of other useful features and functionality.
The database provides an important component part of the broader strategy at P.R.I.M.E. Finance. Since the global financial crisis, complex financial product cases have been increasing: the database provides a tool for identifying matters arising in different jurisdictions and the different ways complex financial disputes are addressed across the globe.
The experts at P.R.I.M.E. Finance form a unique talent pool, collectively offering more than 4,500 years of relevant experience. LexisNexis has nearly 200 years of experience, with its authoritative information from Butterworths® and Tolley® which has combined a deep understanding of the legal and tax profession with technology innovation to help practitioners work more productively, advise with confidence and better manage their organisations in a changing legal environment. By combining forces, identifying relevant content and working together to make it ever easier to navigate, the database will be very useful to P.R.I.M.E. Finance experts and the judges they train.
Kate Gaskell, Head of Banking and Financial Services at LexisNexis, said: “We are delighted to have been chosen to create a case database for P.R.I.M.E. Finance. Our extensive range of cases, transcripts and law reports alongside our authoritative expert practical guidance content should be of great value. This database will help with the accessibility, transparency and efficiency of the legal system, which will benefit the finance legal community and society overall.”
Regarding today’s announcement, Professor Jeffrey Golden, Chairman of the P.R.I.M.E. Finance Foundation, said: “When P.R.I.M.E. Finance first opened its doors, we set ourselves 3 targets: (i) ensuring a pool of expert talent to help resolve financial market disputes; (ii) supporting judicial training and education in this area; and (iii) the compilation of a central database of relevant precedent and materials. That last piece of the puzzle, surprising as it may be that no one else has provided it, is now in place – and it will remain part of our agenda to continue to develop its usefulness.”
LexisNexis was on hand to demonstrate the database and LexisPSL® to the P.R.I.M.E. Finance experts at their annual gathering at the Peace Palace today.