Automate your repapering process
Repapering can be a long, manual process — from manual review and risk assessment to remediation and signing. But it doesn’t have to be.
BRYTER has everything you need to end your repapering headaches. Eliminate the hours of tedious review and revision and use our smart document repapering tools to transform your process into just a few clicks.
The smarter approach to repapering
Increased profit margins
Significantly boost profit margins by automating the bulk of contract repapering, including contract generation, assessment, risk identification, and signing.
Integrations
Don’t waste time switching between various solutions. We’re the all-in-one platform that connects Kira, Eigen, HighQ, iManage, Sharepoint, DocuSign, Adobe Sign,
and more!
Stability and scalability
BRYTER can eliminate the risks of manual mistakes reviewing and updating documents and is built to handle large-scale processing.
Tailored workflows
Some projects need to adapt to specific circumstances or changing requirements.
Quickly tailor your workflows to each project, make changes as needed, and rapidly deploy custom solutions.
Automatic Reporting
Accurately track progress and report on actions needed, without added time and manual effort. Automatically capture data, meet reporting requirements, and generate real-time reports.
Time consumption
Eliminate most of the manual work involved in the process and identify where expert intervention is really needed — so you can focus your energy where it matters most.
A simplified repapering process, powered by BRYTER
BRYTER’s Repapering Platform makes this process simple by automating the analysis, organization, storage, and generation of new, updated contracts.
Upload your old contracts
Simply upload your documents or integrate your Document Storage System directly (i.e.HighQ/iSheet, iManage or Sharepoint).
Analyze old provisions
Analyze your outdated provisions in old contracts for the necessary data to populate the new contract format automatically and check the analyzed data.
Organize and take action on amended contracts
After the outdated provisions have been amended, the newly created documents will be analyzed, assigned a new Status, and can be viewed in the corresponding DataView.
Repapering FAQs
Repapering for finance refers primarily to the need of financial professionals to have their clients fill out new contracts and other documents as a result of shifting regulations, processes, or custodians.
In law, repapering is the review, risk assessment, and remediation of contracts and other documents to comply with shifting company policies or regulatory changes. Common examples include LIBOR repapering and SCC repapering.
LIBOR is the London Interbank Offered Rate, a benchmark interest rate commonly used in all manner of financial contracts and activity across the globe. At the end of 2021, banks will no longer be required to submit to LIBOR, which has prompted the need for contracts to transition and be repapered using alternative reference rates (ARRs).
In 2020, Central Clearing Counterparties (CCPs) discounting for interest rate swap products shifted from the use of LIBOR and other interbank offered rates to SOFR (Secured Overnight Financing Rate) and ESTR (Euro Sort-term Rate), which prompted the need to repaper CSAs (Credit Support Annexes) by the end of 2021. CSA repapering and LIBROR reform are just two examples of regulatory change that demands time-sensitive repapering needs.
Contract remediation broadly refers to the act of remedying something in a contract — usually a clause, set of clauses (like SCCs), or reference rates like LIBOR. The process involves first identifying relevant contracts affected by a particular change, altering them, negotiating final terms, and finally signing the new versions of the contracts.
Many of the elements of the contract repapering process can be automated — including analysis of existing contracts, risk assessment and scoring, contract revision, and distribution for signing. Platforms like BRYTER coordinate with your existing processes and technology to automate as much of the process as is possible. Book a demo with us today to see how it works!
Automate large scale document repapering
Faster execution
Reduce time spent on repapering using the BRYTER logic and decision layer paired with contract analysis tools.
Full flexibility
Customizable repapering automation can be either used as an end-to-end solution or plugged into any part of your process and tech stack.
Improved oversight
Centralized audit trails enable you to access real-time insights and an accurate overview of the project’s status.
