Alain Traill

Alain’s representative experience includes advising:

Sourcing and commercial arrangements

• A global bank on the renegotiation of its multi-billion-dollar outsourcing of investment banking IT infrastructure (and resolving related disputes).  
• A national stock exchange on its transition to a new trading technology platform.
• A global investment bank on the launch of its first UK retail trading product and procurement of a white-labeled wealth management platform.  
• A global chemicals organization on agreements with a systems integrator and SAP, for the roll out of a new global ERP solution.
• A luxury retail and technology provider on re-platforming the e-commerce websites of multiple fashion brands. 
• A global biotech organisation on regional and consolidated, global agreements for outsourced core finance processing.
• A provider of cloud-native IT infrastructure, on its customer terms and arrangements with hosting providers and integrators.
• A US and EU payments provider and acquirer, on the launch of a new online payment solution. 
• A provider a cloud-backed, blockchain platform for issuing and administering equities and debt on its customer terms.
• IHS Markit on a joint venture with Pimco, Man Group and State Street, for the development and provision of a new cloud-based, asset management platform.
• A global social media organization on its global agreements with telecoms providers for user verification (and resolving related disputes). 
• A European telco, on the outsourcing and digital transformation of its business support systems.
• A global bank on four separate agreements with an APAC-based Fintech provider, to digitize and create new bank offerings 
• Theramex, a portfolio company of CVC Capital Partners, on the first generation outsourcing of regulated functions regarding its portfolio of medical products.
• A global FMCG company on the transition of its outsourced infrastructure services to the cloud.
• A global financial services institution on its collaboration with a technology provider for the creation of a new agency securities lending platform.
• A leading global investment bank on the procurement of a blockchain-based netting calculation service.
• A leading global investment bank on its collaboration with a SaaS provider, to offer a new FX payments solution.
• An APAC bank on the procurement of a white labelled, end-to-end loan origination platform.
• A leading global crypto asset platform on a joint venture with an EU bank for the launch of a Euro-denominated fiat-backed stablecoin.
• A national telecoms provider on the procurement of a new managed, network infrastructure solution.
• Various financial services organizations on regulated, intra-group outsourcing arrangements.
• UK Government departments on separate projects for the roll-out of broadband and mobile network infrastructure, and on a contract for a high-profile automated public service.*

Technology Regulation

• Various clients on rolling-out AI policies and procedures across their organisations.
• A global commodities trading firm on its collaboration with an AI-driven market intelligence provider.
• A global asset management firm on procuring an AI data management and labelling solution, and on the use of AI in recruitment.
• An AI-powered music generation provider on copyright and liability risks regarding AI, and related governance issues. 
• Various financial services clients and service providers on compliance with and contracting under EU and UK digital operational resilience laws.
• Web 3, digital asset and internet service providers on the application of EU and UK online content regulation.
• A global webshop provider and an online medical hub, on potential online content liability in the UK and EU.
• Two leading social media providers on updating their terms to account for EU and UK online content regulations.
• Various US and APAC emerging companies, on selling to consumers in the UK and EU including updating terms, notices and user journeys.
• A leading NFT platform on liability for claims under UK consumer law.
• A US-based SaaS provider on an investigation under UK consumer law.
• Various payments and financial data providers on structuring user terms and notices for the launch of new products.
• An international payments services provider on a review of its use of intrusive employee monitoring technology across multiple jurisdictions*.
• Two leading financial services organisations on separate ICO/FCA investigations regarding alleged misconduct*.

*Matter handled prior to joining Latham