IntraLinks to Bring Best-in-Class Deal and Investor Management System to the Loan Syndication Market
New York, March 12, 2007
IntraLinks, Inc., the leading provider of workspaces for secure document exchange, today announced a strategy to expand its current loan syndication offering to incorporate a fully integrated front office deal and investor relationship management system. IntraLinks is expected to launch this new capability by the fall of this year.
“We have listened to our customers and identified what is most valuable to them,” said Andrew Fieweger, Vice President of Product Management at IntraLinks. “This initiative will constitute a comprehensive, web-based solution that supports investor relationship development, pipeline management and deal execution, inclusive of facilitating bookbuilding in a shared environment among co-arrangers.”
“Our vision has always been to provide the loan syndications community with tools that help them streamline the complex interactions that drive their business,” said Fieweger.“This represents the natural evolution of that goal.”
IntraLinks pioneered the concept of the On-Demand Workspace™ for loan syndications in 1997 with the secure online exchange of sensitive documents related to the launch and subsequent close of a syndicated deal. Since then, the company has seen its web based solution embraced by the leading syndicating and administrative banks, including administrative agents, traders, borrowers, investors and the legal community.
About IntraLinks
IntraLinks® On-Demand Workspaces™ connect business communities and accelerate the intelligent flow of information and documents among participants. Through IntraLinks' secure, neutral, online environments, companies are better able to compete globally by accelerating essential business processes, simplifying communication and fostering rapid workflow. IntraLinks is easily accessible anywhere, anytime using a web browser.
Since 1997, more than 600,000 participants representing over 50,000 organizations worldwide have used IntraLinks On-Demand Workspaces™ to communicate and collaborate on thousands of projects and transactions. IntraLinks has been adopted widely in the financial services and pharmaceutical industries, where its clients include AstraZeneca Pharmaceuticals LP, Bank of America, Bear Stearns, Deutsche Bank, FDIC, TD Securities, Thomas Weisel Partners and WestLB, among hundreds of others. Founded in 1996, IntraLinks is headquartered in New York with offices around the world.
