Encompass Corporation has won the Innovation and Technology Award at the 2016 Turnaround, Restructuring and Insolvency (TRI) Awards in a joint nomination with innovative challenger law firm, gunnercooke.
Encompass provides sophisticated analytics software for financial and professional service firms. gunnercooke started using Encompass Verify back in January as a solution to streamline search processes. This pairing of innovative thinking and search visualisation has led to gunnercooke seeing a significant increase in productivity throughout the firm.
Wayne Johnson, CEO from Encompass said: “We’re thrilled to be a 2016 TRI Award winner alongside such well-established firms such as PwC and LexisNexis. In a year when there were 162 finalists it’s a real honour that our hard work, expertise and belief in our solution has been recognised. This award comes at an exciting time for our company as we look to expand in both the UK, and globally.”
Chris Jones, Restructuring Partner at gunnercooke said: “For us, Encompass Verify has reduced three hours of my time into 30 seconds, while producing a result with significant improvement in accuracy. This plays directly to gunnercooke’s model, solely senior lawyers who strive to work as efficiently as possible, so the fact that Encompass’ technology transforms any lawyer into a power researcher is fantastic.”
Encompass Corporation recently announced £3.6m of investment funding from the Scottish Investment Bank and Sydney based Adcock Private Equity.