Up & Coming – Information Technology & Outsourcing
Chambers UK 2025
Rising Star – IT and Telecoms
The Legal 500 UK 2021
Profile
Alain Traill is a member of the Data & Technology Transactions Practice.
Alain advises on outsourcing projects, platform and technology solutions (business and consumer facing), and complex commercial contracts and renegotiations, regularly advising clients on both the customer and supplier side. Alain works with a broad range of clients across various sectors from early stage companies to major global financial institutions.
Alain’s practice includes:
Outsourcing (business processing and IT)
Complex commercial contracts and renegotiations
Platforms, SaaS, and cloud computing
Fintech and payments
Ecommerce and consumer
Data protection
Experience
Alain’s experience includes advising:
A global bank on four separate agreements with a fintech provider, to digitize existing (and create new) bank offerings by leveraging the provider’s platform
A leading FMCG provider on the transition of its outsourced infrastructure services to the cloud
A global bank on the renegotiation of its multi-billion dollar outsourced arrangement for investment banking IT infrastructure (and the resolution of various disputes)
A major European telco on the outsourcing and digital transformation of its business support systems
A global biotech organisation on a regional (EMEA/US) agreement for outsourced core finance processing services
A provider of a cloud-native core IT solution for financial services institutions, on its customer terms and arrangements with hosting providers and systems integrators
A fintech provider on its cloud- backed platform solution for issuing and administering equities and debt (running on the blockchain)
Various US-based emerging companies on selling to consumers in Europe, including amending contractual documentation, privacy notices, and user journey
A pharmaceutical company on the first generation outsourcing of regulated functions in relation to its portfolio of medical products
Qualifications
Bar Qualification
England and Wales (Solicitor)
Scotland (Solicitor)
Education
Diploma in Legal Practice, Glasgow Graduate School of Law, 2010
LLB Law in Italian Language, University of Glasgow, 2009 Honours
Firm honored by Law360 for advising startups, financial institutions, VCs, digital asset and Web3 participants, and corporations on their most innovative and complex transactions, investigations, litigation, and regulatory matters.
The Digital Operational Resilience Act (DORA) has now taken effect, and in-scope financial entities and ICT service providers must conform to the new requirements.
The new regime will take effect on 1 January 2025, but will not diminish the responsibilities of financial services firms relying on the services of critical third parties.
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