LitLingo is advancing compliance with a tool that helps legal and compliance teams catch issues early, offering real-time support in platforms like Outlook, Teams, and Slack. Learn more at www.litlingo.com
Compliance Week 2024 Compliance Program of the Year | Former Chief Risk & Compliance Officer Albemarle | Compliance Tech Investor | Supporting Innovation & Mentoring in the Ethics & Compliance Community
One of the stated purposes of Integrity Bridge LLC is to support technology service providers developing innovative risk & compliance solutions. There has been much commentary in recent years around transaction monitoring, and I have been a big advocate of the ROI value of this in terms of risk mitigation and overpayment/fraud recovery. There has been less attention on communications monitoring as a compliance control. In the 2019 Evaluation of Antitrust Compliance Programs, the U.S. Department of Justice Antitrust Division asks whether companies are monitoring the communications of employees. But communications monitoring has a role to play beyond antitrust. Traditional eDiscovery is so expensive, complicated and time consuming that it has deterred in-house teams from even considering it. And I used to silently weep every time I approved an invoice for ongoing data hosting fees. Which is why my curiosity was piqued when LitLingo approached me several months ago. LitLingo offers a new type of communications monitoring tool using really cool neuro-linguistic processing that significantly reduces the number of false positives vs traditional eDiscovery. But it’s the simplicity and flexibility of application that really stands them apart. It can be deployed: 🔍 to support investigations 🔍 to conduct periodic monitoring of high-risk employees 🔍 within Outlook, Teams, Slack and other communications tools to provide just-in-time monitoring support for Legal/Compliance teams or even guidance to employees when they have drafted or received a problematic document or communication. Think compliance-equivalent of Grammarly. So, if you are: 💡 an in-house antitrust/anti-corruption counsel/chief compliance officer thinking about a targeted review of communications of high-risk employees 💡 outside/in-house antitrust counsel doing HSR, EUMR or other merger filing work and are despairing at the deal documents being prepared by clients/M&A teams 💡 an investment bank looking for ways to stop upsetting prospective clients by sending poorly worded deal pitch decks 💡 a competition/antitrust, anti-corruption or other enforcement body and are curious LitLingo is worth considering. And assuming that your data privacy team have questions, LitLingo are ready to address them. You can learn more at www.litlingo.com and in the attached case study. I have been so impressed I have joined LitLingo’s Advisory Board. But I take no commission from sales (from LitLingo or any compliance tech service provider). Where this gets really interesting is when you combine communications monitoring with transaction monitoring, and cultural health metrics. But that is for another time! #ethics #compliance #competitionlaw #antitrust #corruption #anticorruption #mergercontrol #EUMergerRegulation #EUMR #HSR #HartScottRodino