Intralinks® Holdings Inc. (IL), a leading, global SaaS provider of content management and collaboration solutions, today announced Intralinks Debtspace™ for Deal Management.
The Intralinks Debtspace Deal Management System (DMS) is the new, comprehensive loan origination and deal execution solution built to give banks better insights into client interactions. The DMS is integrated with the core Intralinks platform, and additional integration is planned with the Misys Loan IQ™ flagship commercial lending system. Intralinks will premiere its new DMS solution in New York at LSTA's 18th Annual Conference on October 17, 2013.
Banks need technology to streamline the syndicated loan process and execute deals more efficiently. With multiple stakeholders (borrowers, arrangers, investors, etc.), syndicated loan professionals need a system that helps manage all of the pieces of a financing deal during origination and execution activities, especially when they are managing multiple deals simultaneously. Bankers have indicated that a solution that optimizes and enhances this process and reduces risk is critical to improving the efficiency and effectiveness of the loan market.
"Our new Deal Management System is tailored specifically to the needs of loan professionals and further reinforces our commitment to the debt capital markets (DCM) community," said Michelle Wu, Senior Product Marketing Manager at Intralinks. "We are excited to provide customer-centric solutions that help bankers manage existing and prospective customer relationships—both borrower and investor—for long-lasting, mutual benefit. The ability to store, organize and extract deal information in a structured way improves efficiency and lets deal teams work smarter."
The Intralinks DMS provides banks with a multifaceted syndicated lending tool that supports primary deal origination, book building and transaction execution. As an extension of existing Intralinks DCM solutions, Intralinks Debtspace for Deal Management allows banks to track deal opportunities from the pitching process through to execution and close. Features of the DMS mirror the workflows of the deal team, includim, including client relationship managers, origination/syndicate members and salespersons. DMS functionality promotes effective management of the various milestones that make up the lifecycle of a lending transaction.
"We are very excited to deepen our integration efforts with Intralinks in support of straight-through-processing in the loan market," said Ken Katz, Director, Loan IQ Product Management at Misys. "The Intralinks Deal Management System will also leverage the Lenderbridge connector, our jointly developed and supported integration adapter, to synchronize deal and tranche-level information between the Intralinks Debtspace Deal Management System and Misys Loan IQ."
With its new Deal Management System, Intralinks expands its existing Debtspace for Syndicated Lending solution so that bankers can:
Record conversations with potential borrowers and investors
Track deal characteristics, gauge investor interest, and manage allocations
Control who sees what information and when, both inside and outside their organizations
With sophisticated tools for syndicated loan professionals, Intralinks Debtspace is designed to be the best-in-class loan platform in the industry.