EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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EY Virtual: Legal and Compliance ecosystem
A modular management and monitoring platform that helps legal and compliance teams move with the speed of business..
EY Virtual helps accelerate the digital transformation of your legal and compliance program, so you can scale and adapt in response to events or as your business grows.
Think big, start small, scale fast
You can maintain the level of agility and adaptability required to monitor, mitigate risk and respond as your business grows or the regulatory landscape changes.
Value-based insights
Your legal and compliance program will be future-ready with intelligent automation to focus on high-value outcomes, instead of general administration.
One platform, trusted view
Your data, tools and processes are dynamically integrated, transformed and orchestrated into a single platform to have oversight across your enterprise.
Aggregate data to generate new insights
Maintain access to relevant sources of data and stay ahead of emerging ways in which organizational data is collected and shared by putting it on the EY Virtual platform. Aggregating data from multiple sources, EY Virtual integrates and transforms your structured and unstructured data into actionable insights in real-time.
Automate controls and processes to make them more effective
Collect and analyze data, and automate controls to allow you to provide a rapid response to regulatory and business demands. Through EY Virtual, you can leverage common, reusable data models, and rules and tests that have been built – and are industry proven – using EY domain and sector knowledge.
Versatile apps and workspaces
Use ready-made apps, or have EY tailor an app or workspace to the unique needs of your organization. Apps are designed to keep you and your team focused on what you need to do, and make it easy to get it done.
By the numbers
number of engagements.
number of active users across EY Virtual environments.
terabytes of data hosted.
Headline
For many companies, there has been an accelerated the push toward digital business transformation. In response, executives are thinking about new or altered business models that increase efficiencies, cut costs and support digitalization efforts. These triggering events have further complicated processes and have increased existing or created new risks – challenging legal and compliance leaders.
EY Virtual for Legal
Helping legal professionals generate insights, make better decisions and increase efficiency.
In this environment, legal leaders are asked to advise on strategies and risks. They are tasked with advancing organizational priorities and instituting the considerable change management necessary to support those priorities. Legal leaders must address these complex business demands by investing in technologies and processes to better anticipate, identify and manage risks, in addition to finding opportunities to contribute to the business’ bottom line.
EY Virtual for Compliance
Helping legal professionals generate insights, enhance controls processes, and effectively manage stakeholder and regulatory objectives.
There is a rising tide of regulatory and business pressures requiring greater use of data analytics to enhance the effectiveness of ethics and compliance programs. Arm your compliance office to be ready to answer questions about your data and the technology behind your compliance program.