IT and Innovation

The world of information technology continues to accelerate at an unprecedented pace, as does it its impact on companies and corporations across the business world. Clients who lead innovative processes need trusted advisors who are not only first-rate lawyers – but also have a deep understanding of high-tech, along with a broad technological vision and a finger on the pulse of all the latest developments.

Tulchinsky’s IT and Innovation team is recognized for our unique expertise and ability to lead complex processes, having been the first firm in Israel to accompany a leading bank in replacing its core system processes, a risky endeavor currently undertaken by most Israeli banks.

We represent financial entities, insurance companies, pension funds and payment entities subject to complex system regulation. In addition to advising on fintech transactions, our IT and Innovation team accompanies clients in flagship projects, such as the establishment of IT, the replacement and implementation of sophisticated core systems and digitization processes. At the same time, we also specialize in large transactions, in which clients add advanced systems to their existing systems. Clients benefit from our close collaboration with IT giant specializing in setting up these technological systems.

Among our most prominent highlights, we have been advising on the establishment of the IT infrastructure of the first digital bank in Israel, owned by a well-known entrepreneur and businessman Amnon Shashua (the first complete digital bank to provide full retail banking services and the first bank in almost 40 years to receive a banking permit from the Israeli regulator); accompanied Bank Hapoalim’s in the formation of the first digital guarantee network in Isael based on blockchain technology, in collaboration with Microsoft Israel and TCS (Tata Consultancy Services); accompanied Bank Mizrahi in replacing innovative core systems, and many more.