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Founder Notes
July 15, 2024
Introducing Graceview
What motivated us? What problem are we solving? Why now?
What motivated us?
When I led in-house legal functions at Bosch, Getty Images and a listed financial services company, I experienced the problem of managing compliance at scale.
We operated in highly regulated industries across multiple jurisdictions and languages while navigating the extra rigour required from being listed on the NYSE, NASDAQ and ASX.
I saw first-hand the headwinds in compliance that in every way possible are worse today than ever before with no relief in sight.
The compliance challenges faced by legal, risk and compliance teams are vast but can be summarised as follows:
The law is increasingly complex and evolving.
Regulators are more sophisticated and aggressive.
Budgets for legal, risk and compliance teams are tightening.
Existing products and services merely replicate paper-based compliance.
What problem are we solving?
At Graceview, we’re building the AI-driven platform for effortless compliance, and we’re starting with regulatory change.
72% of General Counsel say they’re struggling to manage compliance and keep up with regulatory change. Existing solutions are so overwhelming that some General Counsel and Chief Legal Officers I talk to have started switching them off, which is alarming for both their companies and the public.
Graceview is a radical upgrade from existing compliance solutions and directly addresses the headwinds in compliance.
We leverage AI, machine learning, legal knowledge integrations, and data analytics to deliver real-time insights on compliance threats and opportunities.
Our platform combines the speed and efficiency of generative AI with the accuracy of senior lawyer oversight to streamline regulatory change management, and to maintain an environment of continuous compliance.
We also offer bespoke coverage like no other solution can, monitoring even the most obscure obligations that relate to your organisation. So you get completeness without the clutter - everything you need, nothing you don’t.
Why now?
Some big players dominate this space. But most of them were founded thirty years ago and have become rigid and complacent. Nobody is really trying to innovate.
Graceview is different. We were founded by a trio of lawyer-computer scientists, frustrated that today’s compliance solutions aren’t solving real problems or delivering an exceptional client experience.
By solving the regulatory intelligence problem first, we’re building Graceview on a bedrock of high quality data, enabling us to tackle the hardest compliance challenges and do so responsibility.
The future of compliance is AI-driven, effortless and continuous.
Join us
I’m really excited to take on the role of Co-Founder & CEO and to expand our elite team of AI builders and legal experts.
We’re creating something transformational here and I can’t wait to help shape the future of compliance.
About Graceview
Graceview is a legal generative AI company founded by a trio of lawyer-computer scientists with 30+ years of experience at the forefront of AI and law. Graceview is the AI-driven platform for effortless regulatory compliance, empowering legal, risk and compliance teams worldwide. Our mission is to create a world where compliance is easy and continuous.
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