Recent years have seen a significant rise in the number of innovative technology applications, products and processes for use in the financial services industry, with many being developed and provided by start-up or early stage technology companies. Whilst the technology offers exciting opportunities for developers, customers and investors, it also brings interesting legal challenges in having to deal with data protection, IP, contract, consumer and regulatory issues.
Our Technology team is experienced in helping our clients bring their fintech solutions to market, including addressing key regulatory issues and negotiating crucial commercial agreements between technology companies and the providers of financial services. From mobile app and software development to encryption technology, from electronic payment systems to digital exchange platforms, we have a good understanding of the technology that has been, and is being, developed by players in this sector.
In addition to advising on technology issues, we also advise on acquisitions, financings and restructurings, as well as data protection and employment issues, for our fintech clients.
"Andrew is an excellent lawyer who understands the legal and technical aspects of IT whilst never losing sight of the commercial big picture. His MBA background gives him a valuable "edge" in dealing with numbers as well as words, together with useful insight into business issues”. (Comment from a consultant contact)
“Andrew was well able to offer sound advice that was practical, and did not just represent the technical legalities. Clearly Andrew understands the legal side as well as anyone, but he also has a wider perspective to contribute, which is refreshing”. (Comment from a client)
"Andrew Priest is a really valuable addition to the firm's IP expertise, with deep industry understanding and a sharp legal mind." (Comment from Legal 500)