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Public sector financial services entity procures multi-year hosted software and services platform for core enterprise data management solution

Fasken
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Overview

Client

Confidential Client

Public sector financial services entity procured a multi-year data management solution for government pension fund and asset investment management in the Province of British Columbia, including licensing arrangements, hosted and managed services, support and maintenance for software and services.

With the client’s C$140B in assets, the services, software and data controls provided by the solution are core to the client’s ongoing investment management for the Province’s pension funds.

Karam Bayrakal co-led the business and legal team in negotiations with the vendor, including project implementation, SLA metrics and remedies, issues of personal information, data sovereignty, security and audit protocols, disaster recovery and mitigation and limits of liability.

Team

  • Karam Bayrakal, Partner | Corporate/Commercial, Vancouver, BC, +1 604 631 4850, kbayrakal@fasken.com