User:Idea8623/sandbox/Exari Systems

Exari

Exari (formerly SpeedLegal) is an enterprise software company which has played a significant role in efforts to automate and standardize contracts and legal documents. Founded in 1999 by a team of lawyers and engineers, the company was participant in the LegalXML eContracts and OpenDocument standardization processes. Industry and academic collaborations in which Exari participates include the IACCM (contract management), ISDA (derivatives documentation), Lloyd’s (insurance forms) and legal innovation initiatives at Stanford and Vermont law schools.

From a technical perspective, Exari pioneered interactive document assembly using a patented XML design that ensures the validity of both the template and the assembled output documents, for arbitrary XML document types. In simple terms, the company's technology puts a user-friendly, browser-based, front-end onto the task of creating any type of standards-compliant document, for example, a contract marked up with semantic tags to denote legal and risk issues. Exari is also the founder of the Xerlin open source XML editor (based on the earlier Merlot XML project).

Exari is used to power transformative documentation processes in a variety of industries, particularly legal, insurance, financial services and government.

The company raised venture capital from Beacon Equity Partners in 2008, and now has offices in Boston, London, Melbourne, Munich and Wellington.