Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced an exclusive marketing alliance with DealMaven, Inc., a leader in providing productivity-enhancing software and training to financial corporations and professionals.
Thomson Financial has joined its powerful analytics engine from Thomson ONE with the Microsoft Office automation tools provided by DealMaven to create an integrated workflow solution for financial clients working with data-intensive documents and presentations.
DealMaven software is ideal for generating and managing quantitative documents of all types, such as presentations, pitchbooks, slide decks, proposals, financial reports, research reports, investment memos, audit notes, financing documents and prospectuses. Through this partnership, financial professionals can now rapidly create, format, update and check PowerPoint and Word files that draw from Thomson data or from proprietary spreadsheet models and centrally managed presentation content.
"This relationship with DealMaven is consistent with our strategy to provide best-of-breed workflow applications integrated with Thomson content through our Thomson ONE desktop," said Debra Walton, Global Managing Director of Thomson Financial's Investment Banking and Research Group. "DealMaven's document and presentation management tools are a powerful add-on to our Thomson ONE for Equity Research and Banker products and are seen by our clients as a significant productivity enhancement to the analytical, research authoring and pitch aspects of the equity research and investment banking workflows."
DealMaven Chief Executive Officer Vince Scafaria added, "As a former investment banker, I've seen firsthand the inefficiencies typically involved in putting together pitchbooks and other client deliverables. Our clients can now seamlessly assemble, update and check these documents from multiple sources - from generic pitch content managed centrally on a shared drive or document management system, from Excel spreadsheet models and other analyses, and now also from company fundamentals and market data provided by Thomson Financial."
"As a board member of DealMaven and a customer of both DealMaven and Thomson, this partnership agreement is a win win for everyone. The market is growing and the strength of their combined capabilities in delivering leading edge financial services solutions will be an enormous benefit to investment banking professionals," said George Tierney, Global Head IBD Business Planning & Technology, Lehman Brothers.
"As a customer of DealMaven and Thomson Financial, I can truly see the added value of combining DealMaven's presentation tools with the analytical functionality available through Thomson ONE Banker. The combination of Thomson ONE Banker and DealMaven provides an exciting new solution that directly addresses the workflow needs of the investment banking community," said Chris Niccolls, Managing Director, Bear Stearns.
The Thomson/DealMaven solution includes the following components:
- PresLink(TM) for Word enables users to import updateable and auditable content, charts and data from Excel into Microsoft Word. Data can be imported as pictures, updateable text within sentences, or native Word tables (with formatting preserved on updates).
- PresLink(TM) for PowerPoint is document workflow and content management software for Microsoft PowerPoint. PresLink ensures that presentations use the most up-to-date Excel data and charts, the latest centrally managed pitchbook content, and client-specific formatting standards.
- FastTrack(TM) for Excel super-charges Microsoft Excel with more than 100 powerful tools for creating, formatting and auditing spreadsheets, cutting the time required for routine tasks by up to 75%. FastTrack also includes a powerful style library, driven by shortcut keys, which can extend the firm's presentation branding to its spreadsheet deliverables.