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ELM Arrives as New Compliance Buzzword

Matt Kelly | February 15, 2015

I try to look cynically upon any slick new marketing campaign from the GRC software vendors, but occasionally something appears that does seem to have real substance. That may have happened in New York earlier this month at LegalTech 2015.

The conference was a coming out party of sorts for Wolters Kluwer and its newest subsidiaries, Datacert and TyMetrix. Wolters acquired both companies last year and spent much of 2014 integrating them. LegalTech was the new division’s first tour on stage, complete with a squad of executives hammering home Wolters’ vision for a new market: enterprise legal management.

I can’t welcome the prospect of yet another acronym, ELM, creeping into the compliance community’s vocabulary. But the idea of where Wolters believes the market is headed, and how compliance and legal officers alike will try to navigate through it—well, there’s something to it.

The concept behind ELM is that through better identification of your legal and...

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