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What is EY OpsChain Contract Manager?

Procurement acts as a critical link for organizations to connect with their external business partners. As the networks of suppliers and buyers become increasingly intricate, many organizations find themselves using outdated technologies and processes to manage these relationships. Although procurement teams are adept at negotiating favorable contracts, they often struggle with effectively implementing them in practice. Historically, the functions of legal, procurement, supply chain, and finance have worked in silos, focusing on optimizing their individual processes without any unified integration. This situation is exacerbated by traditional ERP systems that fail to efficiently handle business rules and volume discounts across multiple divisions, subsidiaries, and partners. As a result, the growing complexity surrounding contract execution leads to substantial contract leakage within large organizations, causing a noticeable gap between negotiated savings and the actual savings realized. Therefore, it is essential for organizations to reassess their procurement strategies in order to bridge this gap and improve overall operational efficiency. By adopting more modern and integrated approaches, businesses can better align their procurement functions with their broader operational goals.

What is Clique?

Clique emerges as a transformative infrastructure provider that enhances on-chain applications by utilizing Trusted Execution Environments (TEEs) to guarantee secure, verifiable, and efficient off-chain computations. Acting akin to an off-chain AWS Lambda service, its TEE network supports confidential and verifiable function calls specifically designed for smart contracts. Developers can harness Clique's SDKs to create tailored executors, interact with smart contracts, and validate attested signatures directly on the blockchain. The platform showcases remarkable versatility by supporting various TEE architectures such as Intel SGX, TDX, AMD SEV-SNP, and AWS Nitro, ensuring both high security and adaptability. Clique's advancements are aimed at a multitude of applications that require low-latency performance, data privacy, and integration with external data providers, including off-chain order books, data sharing solutions, and TLS oracles. Notably, Clique has facilitated transactions exceeding $3.5 billion on-chain while serving a community of more than 750,000 users. This impressive achievement exemplifies Clique's pivotal contribution to enhancing the potential of blockchain technology and further establishing its reputation in the industry. As the landscape of decentralized applications continues to evolve, Clique remains at the forefront, driving innovation and security in the blockchain ecosystem.

Media

Media

Integrations Supported

Integrations Supported

AWS Lambda

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

EY

Company Location

United Kingdom

Company Website

www.ey.com/en_us/blockchain-platforms/contract-manager

Company Facts

Organization Name

Clique

Date Founded

2022

Company Location

United States

Company Website

www.clique.tech/

Categories and Features

Smart Contract

Not specified

Categories and Features

Smart Contract

Not specified

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