Independent research report names TyMetrix a market innovator; praises T360° platform and company's European expansion
TyMetrix, the premier provider of Web-based legal performance management solutions for corporate law departments, law firms and claims organizations, today announced it has been ranked the highest out of 25 solutions providers in the Hyperion Research "MarketView™ Report: e-Billing and Matter Management Systems for Corporations." According to the report, TyMetrix is a "Market Innovator," which "demonstrates strong product features and a highly capable company, and rates the solution in the top levels of the market." TyMetrix is a part of Wolters Kluwer Corporate Legal Services.
In the first report of its kind from Hyperion Research, the TyMetrix T360° platform is highlighted as contemporary, user friendly and aligned with customers' business goals. Evaluators also praised TyMetrix's growth potential, especially its ability to address top-end and mid-market customers with its SaaS solution and rapid European market expansion.
According to the report, "TyMetrix is a pioneer in e-Billing and the first e-Billing vendor to expand into broader matter management. From a technology perspective, TyMetrix has consistently been at the forefront of introducing new and improved technology. Together with a solid management team and large, multinational parent company, TyMetrix offers a market-leading solution."
"Hyperion Research has provided corporations with a valuable, objective resource to evaluate market vendors in an area that is constantly growing and evolving," said John Weber, general manager, TyMetrix. "We are trailblazing the evolution of this market from e-Billing and matter management to what we call legal performance management. TyMetrix takes it a step further by helping legal departments and law firms put their large volumes of data to work to make better, faster, smarter legal-spend decisions and deliver business-centric results."
The complete "MarketView™ Report: e-Billing and Matter Management Systems for Corporations" is available at: http://www.hgpresearch.com/ebil/ebil_mv_summaryreport
TyMetrix is the market leader in Web-based legal performance management solutions for corporate law departments, law firms and claims organizations. It provides clients with quality legal management software -- including e-billing, matter management and performance metrics -- and the expertise required to reduce costs, improve results and gain the insight required to meet their strategic objectives. TyMetrix is based in Hartford, Conn., with business operations in Chicago and London. For more information, please visit www.cttymetrix.com or www.cttymetrix.co.uk.
About Wolters Kluwer Corporate Legal Services
Wolters Kluwer Corporate Legal Services is a business of Wolters Kluwer, a market-leading global information services company with annual revenues (2009) of EUR 3.4 billion ($4.8 billion) and approximately 19,300 people worldwide.