Technology risk | Insurance
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Our technology team helps clients to navigate the varied and complex issues involved to arrive at cost efficient, business-effective agreements. We draw on our experience of negotiating with leading industry players such as Oracle, Microsoft and Capgemini, as well as our knowledge of the boutique software houses.
Our approach to this complex area is to support our corporate clients in each of our core sectors, explaining agreements in user friendly terms and working with IT suppliers to ensure contracts meet the requirements of the user.
Risk awareness is crucial when negotiating software contracts as they play a crucial role in commercial operations, whether supporting back office functions or in the sales and delivery of products and services. Our experience in both transactional and contentious matters means our advice is informed by knowing what can go wrong with projects that are often business critical.
Our experience in the establishment and maintenance of large software and hardware projects includes the outsourcing and procurement of large technology projects as well as the development of bespoke software.
Advising a global technology company on a contract with the Ministry of Planning, Monitoring & Administrative Reform for cooperation on education activities to support broader participation in the digital economy in Egypt.
Advising Motorola Inc in relation to the MENA region on the sale of its worldwide network assets to Nokia Siemens Networks (NSN) for USD 975 million. The sale involved the transfer to NSN of approximately 6,900 employees and responsibility for 50 operator customers in 52 countries. Clyde & Co handled corporate, tax, regulatory and employment issues in 11 jurisdictions including the GCC ,Egypt, Lebanon, Jordan, Morocco, Pakistan and Tanzania.
Advising one of the world’s largest internet companies on regulatory issues associated with the launch of various products and services in Egypt.
Supporting our client in negotiations with a local service provider appointed by several regional banks to supply smart cards enabled with near field technology for contactless payment technology.
Advising on the development, implementation, validity and enforceability of a blockchain solution. The purpose of the project was to replace a paper based financial instrument (ie cheques) with a digital / blockchain product. The advice included structuring a legislative and regulatory solution to accommodate the blockchain financial instrument. The project is significant in that it will require an update of Federal and Emirate level legislation and that, once implemented, the blockchain...
Advising an international health insurer in relation to the fronting of its products in the Middle East, including specific advice in relation to outsourcing and data protection requirements in the Kingdom of Saudi Arabia
Advised a significant client of the firm in relation to the roll out, development and expansion of its business in the Middle East region, with a focus on the provision of IT consulting services, outsourced solutions, the sale and re-sale of hardware and the sub-licensing of third party software.
Advising a large bank in relation to the licensing of a specialised online banking platform from an online bank based in Germany, which has gained significant market traction in its home market and which the bank has replictated in the Middle East and across the wider MENA region in the field of Islamic banking. The banks version of the platform is Shari'ah compliant to fit in with its business model.
Advising G4S PLC on the outsourcing of a range of IT services to Fujitsu
Advising RBS Insurance on the development, licensing and support of third-party software for use in connection with its personal lines business
Advising a global technology company on a contract with the Ministry of Planning, Monitoring & Administrative Reform for cooperation on education activities to support broader participation in the digital economy in Egypt.
Advising Motorola Inc in relation to the MENA region on the sale of its worldwide network assets to Nokia Siemens Networks (NSN) for USD 975 million. The sale involved the transfer to NSN of approximately 6,900 employees and responsibility for 50 operator customers in 52 countries. Clyde & Co handled corporate, tax, regulatory and employment issues in 11 jurisdictions including the GCC ,Egypt, Lebanon, Jordan, Morocco, Pakistan and Tanzania.
Advising one of the world’s largest internet companies on regulatory issues associated with the launch of various products and services in Egypt.
Advising an international health insurer in relation to the fronting of its products in the Middle East, including specific advice in relation to outsourcing and data protection requirements in the Kingdom of Saudi Arabia
Advising on the launch of a new digital concierge and e-booking service to promote the retail offerings of third parties in the UAE. The app is proprietary and has been developed by a team of in-house developers. We have prepared the terms for launch of the app and advised on issues concerning integration with a payment processor as well as risks arising out of the customer and merchant relationships.
Supporting our client in negotiations with a local service provider appointed by several regional banks to supply smart cards enabled with near field technology for contactless payment technology.
Advising a large bank in relation to the licensing of a specialised online banking platform from an online bank based in Germany, which has gained significant market traction in its home market and which the bank has replictated in the Middle East and across the wider MENA region in the field of Islamic banking. The banks version of the platform is Shari'ah compliant to fit in with its business model.
Advised a significant client of the firm in relation to the roll out, development and expansion of its business in the Middle East region, with a focus on the provision of IT consulting services, outsourced solutions, the sale and re-sale of hardware and the sub-licensing of third party software.
Advising on the development, implementation, validity and enforceability of a blockchain solution. The purpose of the project was to replace a paper based financial instrument (ie cheques) with a digital / blockchain product. The advice included structuring a legislative and regulatory solution to accommodate the blockchain financial instrument. The project is significant in that it will require an update of Federal and Emirate level legislation and that, once implemented, the blockchain...
Advising G4S PLC on the outsourcing of a range of IT services to Fujitsu
Advising RBS Insurance on the development, licensing and support of third-party software for use in connection with its personal lines business
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