Zurich, Switzerland - July 16, 2024:

l p a Framesoft

Framesoft AG Software Applications and Lucht Probst Associates (LPA) have agreed a strategic partnership regarding its Framesoft Contract Management (FCM) solution suite. This collaboration aims to enhance the reach and sales of FCM, optimizing service delivery to existing global clients and tapping into new markets. 

Framesoft's Contract Management (FCM)

FCM offers an end-to-end solution for managing the entire contract lifecycle of any contract type. Key features include:

1. Contract Creation & Generation

FCM permits a flexible and smart creation of any contract types and its content, leveraging a comprehensive contract clause repository, workflow engine, and automated document generation & delivery engine based on a global template clause library.

2. Contract Negotiation

Online negotiation is streamlined with integrated communication and collaboration tools, ensuring all parties stay updated and work efficiently together.

3. Contract Administration

FCM provides an overview of all contracts, deadlines, and milestones. Its integrated workflow engine ensures seamless management and process automation.

4. Event & Lifecycle Management

This module guarantees continuous monitoring and management of all contract events and phases. The Netting Engine optimizes contract relationships and reduces financial risks.

5. Contract Analysis

Artificial Intelligence (AI) based document analysis digitizes and analyses received contract documents, extracting data points for real-time evaluation, which can be compared with contracts stored in FCM.

6. Archiving and Compliance

Post-fulfilment, FCM supports secure and compliant archiving of all contract documents, significantly reducing the risk of compliance breaches by adhering to all legal and regulatory requirements.

Future-Proof and Adaptable

Utilizing FCM leads to significant efficiency gains and a noticeable reduction in administrative burdens. Regular updates ensure the solution remains at the forefront of technology and can adapt to new legal and regulatory changes.

Stefan Lucht, Founder and Co-CEO of LPA, sees immense potential in this strategic partnership: "Our solutions have always focused on automating processes for creating and distributing structured derivatives, managing internal and external processes, and providing legal and regulatory documentation. With the rising importance of artificial intelligence, our clients see significant efficiency gains in contract lifecycle management. This partnership with Framesoft allows us to actively support sales and new customer acquisition in this area."

Jens Saarholz, Global Head of Sales, and Member of the Board of Directors of Framesoft AG, adds: "In our discussions with LPA, it became clear that our service offerings are more complementary than competitive. The goal of our cooperation is to increase the awareness of our software through LPA's extensive global network and to jointly explore new markets."

About Lucht Probst Associates (LPA)

Since its founding in 1999, particularly following the introduction of PRIIPs regulation, LPA has become the leading provider of automated regulatory and legal documentation for structured derivatives and fund distribution. LPA’s scalable Software-as-a-Service (SaaS) solutions are utilized by over 200 clients globally in banking and asset management, helping to increase sales volumes, reduce costs, and ensure compliance with internal and external regulatory standards. Capmatix, LPA's flagship software suite, specializes in document creation, workflow automation, and financial engineering, providing documents in 25 languages and various formats across 40 countries.

About Framesoft AG Software Applications

Framesoft is a leading provider of innovative software solutions for the financial services sector, aiming to optimize and automate operations, thereby enhancing efficiency and competitiveness. Framesoft's solutions include business process management, contract management & online negotiations, netting, document generation & distribution, document management, and data analysis & reporting. Committed to continuous innovation and excellence, Framesoft serves as a trusted partner to leading global financial institutions.

For more information, please contact:

Lucht Probst Associates GmbH
Website: www.l-p-a.com
Phone:   +49 69 99714850
e-Mail:    This email address is being protected from spambots. You need JavaScript enabled to view it.

Framesoft AG Software Applications
Website: www.framesoft.com
Phone:   +41 41 545 37 72
e-Mail:    This email address is being protected from spambots. You need JavaScript enabled to view it.