Akber Datoo is the founder and managing director at D2 Legal Technology (D2LT), an award winning global legal data consultancy advising firms on the use of technology and data to unlock business value through legal change.
Mr. Datoo advises financial institutions at the intersection of Fintech and Legaltech to achieve business optimisation, regulatory compliance and operational efficiencies. Prior to D2LT, Mr. Datoo started his career at UBS, working as part of the front office IT team within fixed income derivatives and participating in industry initiatives such as FpML. He then requalified as a lawyer with Allen & Overy LLP, qualifying as an associate in the Derivatives and Structured Finance Group. After serving as the head of the legal practice at Sapient, Mr. Datoo founded D2LT in 2011, where he has overseen its growth during the last eight years to nearly 100 consultants across the UK, US and Asia.
Mr. Datoo sits on Law Society’s Technology Law Committee where he chairs the AI, blockchain and smart contracts working group. He is the author of the Wiley textbook, Legal Data – Banking & Finance, published in May 2019 and has written chapters on Smart Contracts and Contract Optimisation in the best-selling Wiley InsurTech and FinTech books. In 2016, Mr. Datoo was recognised as “one of the top ten innovators” in the Financial Times Innovative Lawyers Awards. Mr. Datoo graduated with first class honors in Computer Science at Cambridge University.
17 July 2019 | 51 mins 31 secs
A fascinating interview with Akber Datoo, one of the pioneers of the digitisation of documents and smart contracts. Akber started off with a computer science degree, and was soon building trading desks for investment banks. He then requalified as a lawyer, and became a derivatives lawyer for Allen & Overy. He then left to set up his own company, D2 Legal Technology, which helps banks, insurance companies and other financial institutions move their legal function from dealing with unstructured data to structured data. In the podcast, Akber explains what the move looks like, the benefits it brings, the impact it has on – and the opportunities it brings for – legal departments. The discussion concludes with a look at smart contracts and how they are likely to evolve.