StoneX Group, A Global Financial Services Network Garners 5x Growth in Users Across Sales, Procurement and Legal by Adopting Ultria AI- powered CLM 

 

About StoneX Group :

A Fortune-500 Global Financial Services Network Company connecting:

  • Institutional and individual clients to 39 derivatives exchanges
  • 175 foreign exchange markets nearly
  • Every global securities marketplace 

Headquartered in New York, NY, US 

Operates with 3000 employees across 70 offices spread across 5 continents. 

StoneX Contract Management Challenges: 

30,000+ institutional and 330,000+ retail clients across 180 countries meant: 

  • Global contracts coming via emails and customer service centers 
  • Scattered contracts under various categories meant slower contract initiation 
  • Organizing the global agreements that were scattered across files and folders.  
  • Visibility into these contracts without a central repository 

Key Outcome: 

  • StoneX user adoption scaled 5x to 500+ actives within 11 months 
  • increased accountability and removed redundancies 
  • Thousands of contracts have been authored, amended, and securely stored in Central Repsitory 
  • Increased collaboration and productivity within StoneX 
  • Significantly reduced the time on searching key contract information 

To know more about how Ultria helped StoneX achieve the key outcomes, please download the detailed Case Study 

    Your information will be used to send you this and other relevant offers by email. We will never sell your information to any third parties. You can, of course, unsubscribe at any time. View our full GDPR Policy.

    ULTR_WBADMIN

    Author ULTR_WBADMIN

    More posts by ULTR_WBADMIN

    Leave a Reply