Volody Partners With SMBC Group to Co-Build Revolutionary AI-First Legal Platform
Leading Legal AI Solutions Provider, Volody Chosen to Power the Core Technology Behind SMBC Legal X
Mumbai, India – July 3, 2025 – Volody Products, a global pioneer in enterprise legal technology, is proud to announce that it has been selected as the strategic technology partner by Sumitomo Mitsui Banking Corporation Group (SMBC) to develop the AI-first Contract Lifecycle Management (CLM) platform for SMBC Legal X, Inc., a newly formed legal technology company set to revolutionize contract management and compliance operations for enterprises in Japan and globally.
This initiative brings together industry leaders including Anderson Mori & Tomotsune (AMT) and LexisNexis Japan, with Volody serving as the core technology partner leading software development and product innovation. The engagement represents a significant milestone for Volody, underscoring its position as a trusted technology provider for highly regulated industries and as a driving force in AI-based legal transformation. The selection by SMBC Group—one of the world’s largest financial institutions—demonstrates the growing global confidence in Volody’s ability to deliver secure, intelligent, and enterprise-grade legal automation solutions.
SMBC Legal X: A Transformational Industry Initiative
Officially launching on July 3, 2025, SMBC Legal X is poised to lead the modernization of contract operations across corporate Japan. Backed by SMBC and supported by key partners—Volody, AMT, and LexisNexis Japan—the initiative aims to solve persistent inefficiencies in legal and compliance functions by building a comprehensive, AI-powered CLM solution.
This new platform will cover the entire contract lifecycle—from initiation and drafting to negotiation, approvals, execution, compliance monitoring, and post-signature analysis. As the exclusive technology partner, Volody will architect, engineer, and deploy the platform, integrating cutting-edge automation, workflow intelligence, and compliance monitoring to streamline legal operations at scale.
“Being selected by SMBC as the core technology partner for SMBC Legal X is both an honor and a major validation of our enterprise-grade capabilities,”
– Dinesh Sharma, Founder and CEO of Volody.
“This partnership reflects the growing trust in our ability to deliver sophisticated AI tools that meet the complex regulatory and operational needs of leading global enterprises. Together, we aim to build a world-class platform tailored for Japan’s legal environment, yet fully scalable for global application“
Volody’s Role: Delivering the Core Intelligence Behind the Platform
Volody brings to the project deep domain expertise, a robust product foundation, and a decade of experience building intelligent CLM systems for global organizations. As the principal development partner, Volody will lead architecture design, AI model development, automation frameworks, and enterprise-grade integrations.
The solution will be powered by proprietary algorithms capable of interpreting contract language, identifying compliance risks, and providing actionable insights to legal and business teams.
Over the past decade, Volody has delivered robust, AI-powered CLM platforms to Fortune 500 companies, financial institutions, and fast-growing multinational businesses, earning a reputation for reliability, adaptability, and product innovation.
The company’s proven track record in developing enterprise-grade AI platforms, combined with its deep expertise in natural language processing, document intelligence, and automated workflow orchestration, positions it as the ideal partner to create comprehensive intelligent automation across the entire contract lifecycle.
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Consortium of Industry Leaders Joining the Initiative
Volody joins an elite group of partners in the SMBC Legal X initiative, with each entity bringing distinct domain expertise:
- Sumitomo Mitsui Banking Corporation Group (SMBC): As one of the world’s leading financial institutions, SMBC brings unmatched credibility, a vast client base, and strategic vision to drive adoption across sectors.
- Anderson Mori & Tomotsune (AMT): One of Japan’s “Big Four” law firms, AMT will shape the legal framework and ensure the platform’s alignment with complex regulatory structures and commercial contract norms.
- Volody: As the engine behind the platform, Volody is tasked with executing the technological roadmap, delivering a secure and scalable CLM product with cutting-edge AI and user-centric design.
- LexisNexis Japan: A global leader in legal and compliance content brings its deep expertise to this exciting initiative
“At SMBC Legal X, we are bringing together the best in technology, legal insight, and operational strategy to develop a foundational solution for the future of corporate governance,”
– Hideki Mishima, President and CEO of SMBC Legal X.
“Volody’s leadership in AI-driven legal automation and their proven delivery record made them the natural choice as our technology partner. Together, we aim to set new standards in how contracts are managed, analyzed, and governed.”
A Vision to Shape the Future of Legal Operations
The launch of SMBC Legal X builds on the momentum initiated by SMBC’s previous venture, SMBC CloudSign, Inc., which promoted electronic contracts across Japan in the wake of digital transformation trends accelerated by the COVID-19 pandemic.
Yet, while e-signatures solved a portion of the digital puzzle, many enterprises still rely on manual, paper-based processes for the remainder of the contract lifecycle. Legal teams continue to face fragmented systems, inconsistent compliance tracking, limited visibility into obligations, and resource-intensive contract review processes.
The AI-first platform developed by Volody will bridge these gaps, enabling companies to automate critical legal functions, reduce risk, and drive compliance across jurisdictions.
Contracts will no longer be static documents but intelligent, integrated assets that support enterprise-wide decision-making and operational excellence.
Volody’s Strategic Vision
This collaboration aligns with Volody’s long-term mission of enabling organizations to transform legal operations through intelligent automation and deep technological expertise. By integrating its advanced engineering capabilities with the legal and regulatory acumen of its partners, Volody is co-developing a platform that aspires to set a new standard for legal transformation across Asia and global markets.
More than just a commercial engagement, this partnership with SMBC Legal X represents a strategic alignment of vision—grounded in innovation, trust, and a shared commitment to empowering legal teams and enterprise stakeholders with next-generation technology.
“The confidence shown by SMBC Group in selecting us to build this mission-critical platform is a clear validation of our core capabilities in delivering AI-powered, enterprise-grade legal solutions,”
-Dinesh Sharma, Founder and Director of Volody.
“By combining our innovation-driven technology expertise with the deep domain insights of our partners, we are building a truly world-class solution that addresses the complex needs of today’s legal and compliance functions.”
About Volody Products Pvt Ltd
Volody Products Pvt Ltd is a leading AI-first technology company specializing in innovative enterprise solutions that harness the power of artificial intelligence to solve complex business challenges. Founded by Dinesh Sharma, Volody has established itself as a trusted partner for building cutting-edge AI platforms across various industries, with particular expertise in document intelligence, natural language processing, and automated workflow systems.
Volody’s commitment to innovation and excellence has earned recognition from global industry leaders who rely on the company’s technical expertise to power their digital transformation initiatives. The company’s AI-first approach ensures that every solution is built from the ground up with artificial intelligence at its core, rather than simply adding AI features to existing systems.
