Specialist governance software still has to prove the specialism
Sector language and a focused customer list are useful. They are not proof that domain knowledge is encoded in the product.
The advantage
A specialist product can reflect sector terminology, calendars, decision types, regulatory expectations and recurring workflow. That can make implementation easier and the product more relevant to a defined customer group.
The weak version
Some vendors use sector language while selling a largely generic portal. If the specialism lives mainly in sales, services and customer familiarity, a focused competitor can reproduce it faster than the marketing suggests.
What to watch
Look for structured obligations, tailored workflow, specialist reporting, customer evidence and integrations that reflect the sector. The test is what the software knows and does differently, not how narrow the landing page sounds.