LIKEZERO, a contract risk analysis and data capture software firm, has appointed Simon Davies as head of strategy and partners.
Based in London, Davies will work closely with the firm’s expanding client base as they evaluate their legacy contract systems and understand their challenges, to help firms realise their business case through the use of LIKEZERO.
He will take a leading role in determining how the firm’s technology fits a broader vendor ecosystem of legal and risk data, to allow clients to benefit from LIKEZERO services.
In the role, Davies will report to Khilan Shah, product director at LIKEZERO.
Davies brings more than 20 years of experience in the securities finance industry to the role. He joins the firm from a four-year term at Pirum, where he was most recently director of business development.
Prior to this, Davies held a number of senior positions across Deutsche Bank, Brown Brothers Harriman, Fortis Bank, Morgan Stanley and has previously worked alongside LIKEZERO CEO, Michael Lines.
LIKEZERO is an enterprise solution that manages counterparty contracts and data. The software provides large financial institutions with an interactive digital agreement data library by using advanced mining and matching techniques to capture data from complex legal agreements, the firm says.
The software also builds hierarchical relationships between documents and their associated entities.
The data outputs from LIKEZERO are designed to enable banks and investment firms to improve quality, reduce cost and provide efficiency to complex decision-making to manage legal, credit and operational risk.
Commenting on his new role, Davies says: “I am looking forward to joining LIKEZERO at this exciting stage of growth and helping firms to navigate the challenges of contract management and data capture, so they can access the data that they require to support their businesses with legal, trading, operational and collateral management needs.”
