Lexemo LLC announced the product launch of CARA, the efficient research, visualization & knowledge sharing tool for the Capital Requirements Regulation. CARA offers bankers, lawyers, accountants, advisors, paralegals and other professionals of the financial service industry an efficient and transparent CRR research, communication and knowhow sharing workflow.
The online tool CARA will improve the way teams research, communicate and comply with the Capital Requirements Regulation (CRR). Central to this is the unique Notes Tool, with which expert knowledge can be shared and preserved.
CARA enhances the team efficiency with:
- Context navigation & pop up definitions
More than 430 video tutorials & mind maps (available in English and German)
Linked publications of the EU, EBA and ECB
Smart full text search (incl. all linked publications)
Knowledge sharing and preserving with our integrated notes tool
Custom tutorials with quizzes
Helaba Landesbank Hessen-Thüringen and Frankfurter Sparkasse participated in the initial pilot phase, with overall more than 120 test users.
Lexemo LLC a legal tech startup with its operation based at Reinvent Law and TechQuartier in Frankfurt was founded end of 2016 by Pascal Di Prima, Olaf Draeger and Marco Di Prima. Pascal is a regulatory lawyer since 2006 and has worked as counsel for Clifford Chance and as partner for Simmons & Simmons in Frankfurt. Olaf has more than 20 years of experience in IT infrastructure in financial markets. Marco has 18 years investment banking experience working for Commerzbank, Zurich Financial Services, JPMorgan, Lehman Brothers and Mediobanca in Frankfurt, London and Milan.
Pascal Di Prima, CEO & Co-founder of Lexemo commenting on the product launch: “CARA will make the complex field of capital requirements more transparent for everyone. Our unique notes tool will change the way how knowhow will be shared and preserved within financial institutions.“