Our DocHubTM teams – based in London and Newcastle – are set up with a clear purpose: to manage our clients’ contracts faster and at a lower cost than they can do it themselves.
At DRS we understand the challenges faced by our clients in having to manage a complex array of contracts with finite resources against demanding deadlines. We take that problem off our clients’ hands, allowing their teams to focus on other priorities.
To demonstrate the value our team provides, we can give detailed and transparent cost comparison data to illustrate how our service compares against other models and approaches, in terms of both cost and outcomes.
DocHubTM services are designed to deliver the optimal balance between cost control and quality of delivery, delivering material savings (whether on a fixed price or “time & materials” basis) often in excess of 40% when compared to internal or interim resourcing.
Our clients have access to our full range of capabilities so that we can adapt to changing requirements. Our service can be engaged on a continuous or ad hoc basis to manage sporadic document flow or spikes in demand.
We aren’t prescriptive – we have the capability to tailor our processes and deliverables to your requirements so that we slot seamlessly into your preferred way of working.
Our knowledge and process management capability allow us to outperform other solutions.
DRS has delivered its services seamlessly over the years. The flexibility and scalability of the DRS model has enabled us to support an expansion of our business which has resulted in a 97% increase in documentation flow year-on-year, without any decrease in quality or response times.
DRS were a breath of fresh air throughout – their user friendliness, coupled with their first class planning, use of technology and technical ability all combined to create a very successful project. Best of all their fees were materially less than they would have been had we engaged a law firm. In short, DRS were everything and more than expected from an outsource provider. When considering future projects, DRS will be the first name on the list.
Outsourcing our document flow to DRS has enabled our in-house legal team to focus on critical legal and regulatory risk management issues without impacting on the ability of our sales teams to pursue transactions with our clients.
By instructing DRS for Variation Margin, we made a cost saving of 57% by outsourcing as opposed to tying up our BAU staff. DRS delivered results far exceeding the overall market and accordingly, we secured their services for the subsequent Initial Margin phases.