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LBMS™ provides conflicts clearing capabilities and processes that enhance the overall tracking, management and business rules associated with conflicts. LBMS™ automatically facilitates conflicts searches and provides detailed tracking of conflict status at the party level, including associated notes and waivers. Conflicts information captured within LBMS and other systems is presented in a single view that enhances and speeds the overall conflicts experience.
LBMS™ provides configurable business rules that, used in conjunction with conflicts information, enhances the business process and reduces the firm’s overall risk. In addition to robust conflict processes and configurable rules, LBMS™ provides a fully auditable history of activities performed at the party and request level.
Fully reportable and secure conflicts notes can be added to party information, conflicts status and history to provide the complete picture of a conflict.
LBMS integrates with various conflicts of interest systems, including but not limited to, LegalKey and Elite.
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