Job Swaps

Legal services platform launched

Friday 27 January 2017 09:36 London/ 04.36 New York/ 17.36 Tokyo

Fieldfisher has launched Condor Alternative Legal Solutions, a multi-product alternative legal services platform that offers a flexible range of lower cost technology-efficient and process-efficient services. The platform is led by ceo Christopher Georgiou, who was previously head of the securities and derivatives group at Ashurst, alongside derivatives partners Guy Usher and Luke Whitmore.

Condor will initially focus on the derivatives and securities financing markets, with services aimed at banks, custodians, asset managers, insurers and corporate treasurers. The initial range of services includes: a trading documentation unit; data extraction and analytics solutions; and large-scale documentation project delivery.

Georgiou comments: "Our variation margin managed service - a comprehensive offering, which helps clients implement the new requirement to exchange variation margin for non-centrally cleared derivatives - has garnered a lot of interest. We've already secured engagements from global investment banks on this and other regulatory developments."

In the future, Fieldfisher plans to expand its range of services beyond financial services and to offer Condor to clients across all sectors of the firm.

27/01/2017 09:36:27