IntraLinks, the leading provider of online workspaces for secure document exchange, today announced the launch of DealStream, a next-generation deal management solution for the syndicated loan market, built on salesforce.com's Force.com Platform.
Working with salesforce.com - the market and technology leader in Software-as-a-Service (SaaS) and Platform-as-a-Service - reflects IntraLinks' strategic commitment to providing its customers with the most powerful solutions available from the rapidly evolving SaaS market.
IntraLinks has leveraged salesforce.com's market-leading Force.com Platform to create DealStream, a customized, comprehensive deal management solution for the loan syndication process. Through this integrated web-based platform, users can easily manage their syndications process and track and report the deal pipeline across a bank's regional or global footprint. DealStream also facilitates investor communications, including a full suite of call-note, email, activity tracking and an easy-to-use report wizard to instantly generate custom reports.
"We've actively worked with our customer base to understand their most important needs and one thing is clear: complex, client-server solutions are not the answer," said Andy Fieweger, vice president, product management at IntraLinks. "Working with salesforce.com is an opportunity to further elevate the standard for service in the syndicated loan market through an easy-to-use, web-based CRM solution that is tightly integrated with the IntraLinks workspace and provides global reach."
"With DealStream, IntraLinks is showcasing the possibilities of what can be built and delivered on the Force.com Platform," said Clarence So, chief marketing officer, salesforce.com. "Customers in the syndicated loan market can now choose an innovative and powerful solution from IntraLinks that is deployed completely as a service, removing the cost and complexity of installing and maintaining a client server based solution."