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SOURCE Intralinks Holdings, Inc.
Customer-focused technology streamlines syndication and book building
NEW YORK, Oct. 16, 2013 /PRNewswire/ -- Intralinks® Holdings Inc. (NYSE: 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, 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:
With sophisticated tools for syndicated loan professionals, Intralinks Debtspace is designed to be the best-in-class loan platform in the industry. To learn more about the Intralinks Deal Management System, visit http://www.intralinks.com/solutions/deal-management.
Intralinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, Intralinks solutions are designed to enable the exchange, control and management of information between organizations securely and compliantly when working through the firewall. More than 2.7 million professionals, including professionals at 99% of the Fortune 1000 companies, depend on Intralinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $23.5 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.Intralinks.com.
Forward Looking Statements
The forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are express or implied statements that are not based on historical information and include, among other things, statements concerning Intralinks' plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from those contemplated in these forward-looking statements. Accordingly, there can be no assurance that the results expressed, projected or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof. As such, Intralinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For a detailed list of the factors and risks that could affect Intralinks' financial results, please refer to Intralinks' public filings with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2012 and subsequent quarterly reports.
Trademarks and Copyright
"Intralinks" and Intralinks' stylized logo are the registered trademarks of Intralinks, Inc. This press release may also refer to trade names and trademarks of other organizations without reference to their status as registered trademarks. © 2013 Intralinks, Inc. All rights reserved.
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