Your account has not been verified. Please verify your email to continue using Legaltech Hub

Resend Email

Your account has not been verified. Please verify your email to continue using Legaltech Hub

Resend Email
LEGAL POINT SOLUTIONS/CIRCLE UP AUTOMATION
Circle Up Automation
In capital markets practices, prior to a debt market offering an auditor will write a comfort letter to the underwriters confirming the financial soundness of the issuer. In order to highlight aspects of the offering documents that require auditing (or "ticking and tying") for the purposes of a comfort letter, the underwriters' counsel will circle all of the numbers in the documents that require ticking and tying. This process is called the circle up, and it is generally a manual time-consuming process as the numbers can be appear in the documents either numerically or alphabetically. Solutions have been developed that introduce automation to the circle-up process by highlighting each number in a prospectus document and guiding attorneys through those numbers in a way that enables them to more rapidly highlight those that require auditing. The leading point solution is SignedOff, though Scribestar is also developing circle up automation capabilities.
Circle Up Automation
In capital markets practices, prior to a debt market offering an auditor will write a comfort letter to the underwriters confirming the financial soundness of the issuer. In order to highlight aspects of the offering documents that require auditing (or "ticking and tying") for the purposes of a comfort letter, the underwriters' counsel will circle all of the numbers in the documents that require ticking and tying. This process is called the circle up, and it is generally a manual time-consuming process as the numbers can be appear in the documents either numerically or alphabetically. Solutions have been developed that introduce automation to the circle-up process by highlighting each number in a prospectus document and guiding attorneys through those numbers in a way that enables them to more rapidly highlight those that require auditing. The leading point solution is SignedOff, though Scribestar is also developing circle up automation capabilities.
View more



+25 more

+33 more


+2 more

+4 more

+58 more


+25 more

+33 more


+2 more

+4 more

+58 more
0 Solutions found

    Filter

    0 Solutions found
      0 Solutions found

        Filter

        0 Solutions found
          CONNECT WITH LEGALTECH HUB
          Copyrigt 2021 Legaltech Hub All rights reserved.Privacy PolicyTerms & ConditionsCookie Policy
          CONNECT WITH LEGALTECH HUB
          Copyrigt 2021 Legaltech Hub All rights reserved.Privacy PolicyTerms & ConditionsCookie Policy
          We use cookies to monitor the performance of our website, improve user experience, and assist in our marketing efforts. By continuing to browse our site, you agree to our use of cookies.
          We use cookies to monitor the performance of our website, improve user experience, and assist in our marketing efforts. By continuing to browse our site, you agree to our use of cookies.