Collection Litigation eXchange
A platform that helps financial institutions and insurers deploy mass-litigation strategies across their footprint.Learn How It Works
Lawgix empowers enterprises to scale legal models with centralized compliance, quality assurance, and real-time vendor collaboration.
Lawgix provides a 360 degree view of a consumer in collections
Be able to know if a consumer in collections has multiple products with your financial institution
Lawgix offers technology and services to manage the entire collection litigation process; from decisioning to placement, and from suit to post judgment
This is workflow technology that can be used how the financial institution wants to use it to make their jobs more compliant, efficient, and revenue producing. It is a collaborative platform allowing the business line, the law division, and outside counsel to work together in real time.
Be compliant and audit ready
With the Lawgix platform you have built in compliance automation so you’re ready for the most stringent of client audits.
The Lawgix Platform creates one system of record for the business line, the law division, collection agencies, and outside counsel, so all parties can be engaged without details falling through the cracks.
Data in real-time
Integrated with 3rd party data providers to scrub based on the compliance needs of the financial institution
Workflows for specific products in specific jurisdictions.
Tools to track attorney meaningful involvement and compliance with CFPB regulations and OCC guidance.
Integrated Legal Services
Collaborative workflows enable seamless interactions between attorney and client.
Cutting edge enterprise security minimizes risks and protects consumer data. SOC I, PCI DSS, and ISO 27001 compliant.
A flat menu of fees for each item of work means that you keep more of every liquidated dollar.
Data and Analytics
Real-time data sharing and meaningful analytics on the collection and litigation processes and performance.
Code Driven Compliance
Lower legal exposure and customer complaints.
Implementing regulation- and case law-driven changes that take hours instead of weeks or months.
Smaller Legal and Operations departments that manage highly scalable collection efforts.
Collection Litigation eXchange provides you the following compliance advantages and documentation:
Time spent reviewing each document
Data points reviewed for each document
Number of documents reviewed by a user within a given time frame
Confirms user reviewed original account level documentation (OALD) when signing a document
Requires a user take customizable steps before signing a document or moving to the next step in the process
Flexibility to design the platform to meet your specific compliance needs.