Legaltech giant gains innovation nod

by Sol Dolor03 Aug 2018

GlobalX has been recognised for its innovation, ranking 48th on the latest “100 Most Innovative Companies in Australia and New Zealand” list by the Australian Financial Review.

“This is a credit to the massive investment in technology solutions we have made over the past five years. It is also a huge sign of appreciation for the committed team at GlobalX and for our industry adoption of new technology,” said Peter Maloney, GlobalX chief executive.

He said that the company, in its 24 years in business, have put its customers first, rolling out revolutionary tools for the legal and conveyancing sectors, including Matter Centre, SignMe, eContracts and identify verification.

More than 100 organisations were nominated for the list. They were assessed by Inventium, which looked at an innovative product that was rolled out within the past year. The leading Australian innovation consultancy used a scientifically proven approach to evaluate the value of the problem solved by the product.

“Our company has passed this rigorous assessment process with flying colours, which validates the importance of the services we provide to legal and conveyancing professionals across Australia,” Maloney said. “Our investment in product development and people is answering the needs of the market.”

He said that fiscal 2018 was the most successful year in the company’s history, experiencing revenue growth of 30% in the fourth quarter as the company continued to roll out SaaS-based workflow software.

 

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