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Business Upturn
21-05-2025
- Business
- Business Upturn
General Counsels Accelerate Technology Adoption to Tackle Compliance Pressures
Wilmington, Del., United States: Technology and automation upgrades top GCs' strategic agenda this year 97% have already adopted generative AI tools 72% anticipate rising legal and regulatory costs over the next three years General counsels (GCs) across the globe are rapidly adopting technology, including generative artificial intelligence (AI), to optimize legal operations and stay on top of growing compliance pressures. This is according to new research conducted among 350 GCs and legal compliance officers across key global markets commissioned by CSC, the world's leading provider of global business administration and compliance solutions. CSC's study1, General Counsel Barometer 2025, reveals that upgrading technology and automation sits firmly at the top of legal departments' strategic priorities for the year ahead. The majority of legal departments (97%) are already using generative AI, with 49% saying the technology is significantly helping their legal teams. The most widely reported benefits of AI tools include handling larger volumes of work more efficiently (66%), improving processing times (40%), and enhancing fraud detection and risk management (41%)—highlighting technology's role in easing pressure on stretched legal teams and strengthening operational resilience. 'Even a year ago, everyone was interested in AI, but at the same time, were still standing on the sidelines and asking how trustworthy it was,' said Thijs van Ingen, global head of Corporate Solutions at CSC. 'We're now seeing real added value and productivity gains, particularly in complex areas like M&A. The shift towards tech-enabled partners shows GCs are acting decisively to modernize their departments in the face of mounting operational pressure.' Yet confidence is tempered by caution. 72% of GCs have implemented internal governance policies to manage AI use, citing fraud, data privacy, and third-party risks as their top concerns. 'AI is here to stay—but responsible use is key,' added Ian McConnel, chief legal officer at CSC. 'GCs are rightly focused on governance, accuracy, and data integrity. As legal teams evolve, they're becoming leaders in embedding safe, effective AI into core business processes—but success will depend on ensuring the data sets behind these tools are both accurate and robust.' These shifts are happening against a backdrop of rising compliance demands. Nearly three-quarters (72%) of GCs expect legal and regulatory costs to increase in the next three years, yet only 27% say they feel 'very prepared' for new requirements such as expanded beneficial ownership disclosures. The changing regulatory landscape was cited as the number one risk to legal operations in 2025. As well as embracing technology, nearly six-in-10 (58%) GCs report increased outsourcing to specialist partners—a move driven by resourcing constraints and the need for scalable, tech-enabled support across multiple jurisdictions. 'As organizations pursue global expansion, GCs are leading the charge,' adds van Ingen. 'By embedding smarter systems and forming strategic partnerships, GCs are playing a pivotal role in helping their organizations manage risk, drive efficiency, and scale legal operations globally. This marks a defining shift in the role of legal function, where GCs are guiding their organizations into a more agile, tech-enabled future.' To receive a copy of CSC's General Counsel Barometer 2025 report, please contact Hassan Ali at [email protected] . 1CSC, in partnership with Pure Profile, surveyed 350 general counsels and legal compliance officers in the Americas, Europe including UK, and Asia Pacific in 2025. Survey respondents were drawn from a range of industry sectors including communications, banking and financial services, healthcare, insurance, law, and real estate. About CSC CSC is the trusted partner of choice for more than 90% of the Fortune 500®, more than 90% of the 100 Best Global Brands (Interbrand®), and more than 70% of the PEI 300. We are the world's leading provider of global business administration and compliance solutions, specialized administration services to alternative asset managers across a range of fund strategies, transactions involving capital markets participants in both public and private markets, domain name system management and digital brand and fraud protection, and corporate tax software solutions. Founded in 1899 and headquartered in Wilmington, Delaware, USA, CSC prides itself on being privately held and professionally managed for more than 125 years. CSC has office locations and capabilities in more than 140 jurisdictions across Europe, the Americas, Asia Pacific, and the Middle East. We are a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve. We are the business behind business®. Learn more at View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
National Post
20-05-2025
- Business
- National Post
General Counsels Accelerate Technology Adoption to Tackle Compliance Pressures
Article content WILMINGTON, Del. — General counsels (GCs) across the globe are rapidly adopting technology, including generative artificial intelligence (AI), to optimize legal operations and stay on top of growing compliance pressures. This is according to new research conducted among 350 GCs and legal compliance officers across key global markets commissioned by CSC, the world's leading provider of global business administration and compliance solutions. Article content CSC's study 1, General Counsel Barometer 2025, reveals that upgrading technology and automation sits firmly at the top of legal departments' strategic priorities for the year ahead. The majority of legal departments (97%) are already using generative AI, with 49% saying the technology is significantly helping their legal teams. Article content The most widely reported benefits of AI tools include handling larger volumes of work more efficiently (66%), improving processing times (40%), and enhancing fraud detection and risk management (41%)—highlighting technology's role in easing pressure on stretched legal teams and strengthening operational resilience. Article content 'Even a year ago, everyone was interested in AI, but at the same time, were still standing on the sidelines and asking how trustworthy it was,' said Thijs van Ingen, global head of Corporate Solutions at CSC. 'We're now seeing real added value and productivity gains, particularly in complex areas like M&A. The shift towards tech-enabled partners shows GCs are acting decisively to modernize their departments in the face of mounting operational pressure.' Article content Yet confidence is tempered by caution. 72% of GCs have implemented internal governance policies to manage AI use, citing fraud, data privacy, and third-party risks as their top concerns. Article content 'AI is here to stay—but responsible use is key,' added Ian McConnel, chief legal officer at CSC. 'GCs are rightly focused on governance, accuracy, and data integrity. As legal teams evolve, they're becoming leaders in embedding safe, effective AI into core business processes—but success will depend on ensuring the data sets behind these tools are both accurate and robust.' Article content These shifts are happening against a backdrop of rising compliance demands. Nearly three-quarters (72%) of GCs expect legal and regulatory costs to increase in the next three years, yet only 27% say they feel 'very prepared' for new requirements such as expanded beneficial ownership disclosures. The changing regulatory landscape was cited as the number one risk to legal operations in 2025. Article content As well as embracing technology, nearly six-in-10 (58%) GCs report increased outsourcing to specialist partners—a move driven by resourcing constraints and the need for scalable, tech-enabled support across multiple jurisdictions. Article content 'As organizations pursue global expansion, GCs are leading the charge,' adds van Ingen. 'By embedding smarter systems and forming strategic partnerships, GCs are playing a pivotal role in helping their organizations manage risk, drive efficiency, and scale legal operations globally. This marks a defining shift in the role of legal function, where GCs are guiding their organizations into a more agile, tech-enabled future.' 1 CSC, in partnership with Pure Profile, surveyed 350 general counsels and legal compliance officers in the Americas, Europe including UK, and Asia Pacific in 2025. Survey respondents were drawn from a range of industry sectors including communications, banking and financial services, healthcare, insurance, law, and real estate. Article content CSC is the trusted partner of choice for more than 90% of the Fortune 500®, more than 90% of the 100 Best Global Brands (Interbrand®), and more than 70% of the PEI 300. We are the world's leading provider of global business administration and compliance solutions, specialized administration services to alternative asset managers across a range of fund strategies, transactions involving capital markets participants in both public and private markets, domain name system management and digital brand and fraud protection, and corporate tax software solutions. Founded in 1899 and headquartered in Wilmington, Delaware, USA, CSC prides itself on being privately held and professionally managed for more than 125 years. CSC has office locations and capabilities in more than 140 jurisdictions across Europe, the Americas, Asia Pacific, and the Middle East. We are a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve. We are the business behind business®. Learn more at Article content Article content Article content Article content Article content Contacts Article content For more information: Citigate Dewe Rogerson Hassan Ali | Amber Liu cscteam@ Article content Article content Article content
Business Wire
20-05-2025
- Business
- Business Wire
General Counsels Accelerate Technology Adoption to Tackle Compliance Pressures
WILMINGTON, Del.--(BUSINESS WIRE)--General counsels (GCs) across the globe are rapidly adopting technology, including generative artificial intelligence (AI), to optimize legal operations and stay on top of growing compliance pressures. This is according to new research conducted among 350 GCs and legal compliance officers across key global markets commissioned by CSC, the world's leading provider of global business administration and compliance solutions. General counsels accelerate technology adoption to tackle compliance pressures. Share CSC's study 1, General Counsel Barometer 2025, reveals that upgrading technology and automation sits firmly at the top of legal departments' strategic priorities for the year ahead. The majority of legal departments (97%) are already using generative AI, with 49% saying the technology is significantly helping their legal teams. The most widely reported benefits of AI tools include handling larger volumes of work more efficiently (66%), improving processing times (40%), and enhancing fraud detection and risk management (41%)—highlighting technology's role in easing pressure on stretched legal teams and strengthening operational resilience. 'Even a year ago, everyone was interested in AI, but at the same time, were still standing on the sidelines and asking how trustworthy it was,' said Thijs van Ingen, global head of Corporate Solutions at CSC. 'We're now seeing real added value and productivity gains, particularly in complex areas like M&A. The shift towards tech-enabled partners shows GCs are acting decisively to modernize their departments in the face of mounting operational pressure.' Yet confidence is tempered by caution. 72% of GCs have implemented internal governance policies to manage AI use, citing fraud, data privacy, and third-party risks as their top concerns. 'AI is here to stay—but responsible use is key,' added Ian McConnel, chief legal officer at CSC. 'GCs are rightly focused on governance, accuracy, and data integrity. As legal teams evolve, they're becoming leaders in embedding safe, effective AI into core business processes—but success will depend on ensuring the data sets behind these tools are both accurate and robust.' These shifts are happening against a backdrop of rising compliance demands. Nearly three-quarters (72%) of GCs expect legal and regulatory costs to increase in the next three years, yet only 27% say they feel 'very prepared' for new requirements such as expanded beneficial ownership disclosures. The changing regulatory landscape was cited as the number one risk to legal operations in 2025. As well as embracing technology, nearly six-in-10 (58%) GCs report increased outsourcing to specialist partners—a move driven by resourcing constraints and the need for scalable, tech-enabled support across multiple jurisdictions. 'As organizations pursue global expansion, GCs are leading the charge,' adds van Ingen. 'By embedding smarter systems and forming strategic partnerships, GCs are playing a pivotal role in helping their organizations manage risk, drive efficiency, and scale legal operations globally. This marks a defining shift in the role of legal function, where GCs are guiding their organizations into a more agile, tech-enabled future.' To receive a copy of CSC's General Counsel Barometer 2025 report, please contact Hassan Ali at cscteam@ 1 CSC, in partnership with Pure Profile, surveyed 350 general counsels and legal compliance officers in the Americas, Europe including UK, and Asia Pacific in 2025. Survey respondents were drawn from a range of industry sectors including communications, banking and financial services, healthcare, insurance, law, and real estate. About CSC CSC is the trusted partner of choice for more than 90% of the Fortune 500®, more than 90% of the 100 Best Global Brands (Interbrand®), and more than 70% of the PEI 300. We are the world's leading provider of global business administration and compliance solutions, specialized administration services to alternative asset managers across a range of fund strategies, transactions involving capital markets participants in both public and private markets, domain name system management and digital brand and fraud protection, and corporate tax software solutions. Founded in 1899 and headquartered in Wilmington, Delaware, USA, CSC prides itself on being privately held and professionally managed for more than 125 years. CSC has office locations and capabilities in more than 140 jurisdictions across Europe, the Americas, Asia Pacific, and the Middle East. We are a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve. We are the business behind business®. Learn more at
Yahoo
13-05-2025
- Business
- Yahoo
GPs Rethink Operational Tactics Amid Rising SPV Complexity
Nearly three quarters of GPs cite growing regulatory burdens as a top risk LP demand accelerates shift to co-investment, sector-specific, and evergreen structures 63% of GPs scale outsourcing to enhance efficiency and drive growth WILMINGTON, Del., May 13, 2025--(BUSINESS WIRE)--Faced with rising regulatory demands and operational pressures, general partners (GPs) are increasingly turning to outsourcing and technology to manage special purpose vehicles (SPVs) more efficiently. This trend is highlighted in a new report from CSC, the leading provider of global business administration and compliance solutions. CSC surveyed 400 GPs across the Americas, Europe (including the U.K.), and Asia Pacific to uncover how today's market shifts and operational pressures are reshaping SPV management strategies.1 The full findings are detailed in the report SPV Global Outlook 2025: How GPs are Shaping Strategies for Long-Term Success. Regulatory compliance and risk mitigation are firmly at the top of GPs' agendas, with nearly three-quarters identifying the growing regulatory burden and the associated reputational and financial risks as key concerns. Navigating regulatory changes was cited as the single greatest challenge when setting up and running SPVs, followed closely by managing operational differences across multiple geographies. These challenges come at a pivotal time as markets grow increasingly competitive, complex, and cross border. Despite inflation and geopolitical uncertainty, GPs remain focused on deploying dry powder and capitalizing on LP appetite for differentiated, long-term value. Amid these shifts, GPs anticipate growing demand for more direct, customized, and flexible investment structures. Co-investment funds are expected to see the highest demand over the next three years, followed by sector-specific and evergreen funds. "Traditional funds are still very active, but LP demands are rising and will continue to grow," notes Thijs van Ingen, global head of Corporate Solutions, CSC. "LPs want access to special deals like club structures and separately managed accounts, pushing GPs to innovate with co-investments, evergreen funds, or special joint venture vehicles. While these structures aren't new, they're growing in volume and adding significant complexity to reporting and underlying operations." In response, 63% of GPs report they have already significantly increased outsourcing to external providers. Their operational priorities for the next phase of growth include centralized SPV portals (63%), improved cash management (58%), and enhanced entity management systems (45%). "The question for GPs is no longer how to manage change, but how to lead through it," said Ram Chandrasekar, global head of Fund Solutions, CSC. "What GPs need today is a connected ecosystem that provides a centralized view across their entire corporate portfolio. SPVs, funds, investments—each represents a distinct set of data points, and managers must connect these seamlessly to operate effectively. By investing in operational enhancements and building strategic partnerships, GPs are ensuring smoother SPV management, greater scalability, and stronger resilience." To receive a copy of CSC's SPV Global Outlook 2025: How GPs are Shaping Strategies for Long-Term Success report, contact us at cscteam@ 1CSC, in partnership with Pure Profile, surveyed 400 GPs across the Americas, Europe (including the U.K.), and Asia Pacific. 200 were active in private capital (defined as private equity and private credit) and 200 in real assets (defined as real estate and infrastructure). About CSC CSC is the world's leading provider of business administration and compliance solutions, offering industry-leading expertise and unmatched global reach to alternative fund managers and capital markets participants. Leveraging deep institutional experience and a tailored approach, CSC delivers a comprehensive suite of fund administration, trust, agency, and compliance services to support a wide range of private and public market transactions, complex fund strategies, and scalable operations. As the trusted partner of choice for more than 70% of the PEI 300 and 90% of the Fortune 500®, CSC helps clients navigate operational and transactional complexities across more than 140 jurisdictions and various asset classes. With extensive worldwide capabilities, our expert teams provide solutions tailored to each client's needs. Privately held and professionally managed since 1899, we combine global reach, local expertise, and innovative solutions to help our clients succeed. We are the business behind business®. Learn more at View source version on Contacts For more information: Citigate Dewe Rogerson Thomas Daltoncscteam@ CSCLaura CrozierPR CSC News Room Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
13-05-2025
- Business
- Business Wire
GPs Rethink Operational Tactics Amid Rising SPV Complexity
WILMINGTON, Del.--(BUSINESS WIRE)--Faced with rising regulatory demands and operational pressures, general partners (GPs) are increasingly turning to outsourcing and technology to manage special purpose vehicles (SPVs) more efficiently. This trend is highlighted in a new report from CSC, the leading provider of global business administration and compliance solutions. CSC surveyed 400 GPs across the Americas, Europe (including the U.K.), and Asia Pacific to uncover how today's market shifts and operational pressures are reshaping SPV management strategies. 1 The full findings are detailed in the report SPV Global Outlook 2025: How GPs are Shaping Strategies for Long-Term Success. Regulatory compliance and risk mitigation are firmly at the top of GPs' agendas, with nearly three-quarters identifying the growing regulatory burden and the associated reputational and financial risks as key concerns. Navigating regulatory changes was cited as the single greatest challenge when setting up and running SPVs, followed closely by managing operational differences across multiple geographies. These challenges come at a pivotal time as markets grow increasingly competitive, complex, and cross border. Despite inflation and geopolitical uncertainty, GPs remain focused on deploying dry powder and capitalizing on LP appetite for differentiated, long-term value. Amid these shifts, GPs anticipate growing demand for more direct, customized, and flexible investment structures. Co-investment funds are expected to see the highest demand over the next three years, followed by sector-specific and evergreen funds. 'Traditional funds are still very active, but LP demands are rising and will continue to grow,' notes Thijs van Ingen, global head of Corporate Solutions, CSC. 'LPs want access to special deals like club structures and separately managed accounts, pushing GPs to innovate with co-investments, evergreen funds, or special joint venture vehicles. While these structures aren't new, they're growing in volume and adding significant complexity to reporting and underlying operations.' In response, 63% of GPs report they have already significantly increased outsourcing to external providers. Their operational priorities for the next phase of growth include centralized SPV portals (63%), improved cash management (58%), and enhanced entity management systems (45%). 'The question for GPs is no longer how to manage change, but how to lead through it,' said Ram Chandrasekar, global head of Fund Solutions, CSC. 'What GPs need today is a connected ecosystem that provides a centralized view across their entire corporate portfolio. SPVs, funds, investments—each represents a distinct set of data points, and managers must connect these seamlessly to operate effectively. By investing in operational enhancements and building strategic partnerships, GPs are ensuring smoother SPV management, greater scalability, and stronger resilience.' To receive a copy of CSC's SPV Global Outlook 2025: How GPs are Shaping Strategies for Long-Term Success report, contact us at cscteam@ 1 CSC, in partnership with Pure Profile, surveyed 400 GPs across the Americas, Europe (including the U.K.), and Asia Pacific. 200 were active in private capital (defined as private equity and private credit) and 200 in real assets (defined as real estate and infrastructure). About CSC CSC is the world's leading provider of business administration and compliance solutions, offering industry-leading expertise and unmatched global reach to alternative fund managers and capital markets participants. Leveraging deep institutional experience and a tailored approach, CSC delivers a comprehensive suite of fund administration, trust, agency, and compliance services to support a wide range of private and public market transactions, complex fund strategies, and scalable operations. As the trusted partner of choice for more than 70% of the PEI 300 and 90% of the Fortune 500 ®, CSC helps clients navigate operational and transactional complexities across more than 140 jurisdictions and various asset classes. With extensive worldwide capabilities, our expert teams provide solutions tailored to each client's needs. Privately held and professionally managed since 1899, we combine global reach, local expertise, and innovative solutions to help our clients succeed. We are the business behind business ®. Learn more at .
