DebtX Offers Next-Generation Syndication Platform

Ground-Up Rebuild Leapfrogs Competition

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Apr 07, 2014, 09:00 ET

BOSTON, April 7, 2014 /PRNewswire/ -- DebtX today announced a powerful new version of its DXSyndicate® platform to help syndication professionals better manage deal flow.

The new DXSyndicate® platform is the product of a multiyear research and development project between DebtX and its syndication clients and partners. DXSyndicate® utilizes the most advanced smart technologies and incorporates tight email and calendar integration, deep market-specific functionality, and data mining capabilities.

"We live in a technologically advanced world, but until now, the syndication market has not been the beneficiary of such advancements," said DebtX CEO Kingsley Greenland. "The new DXSyndicate® is a quantum leap forward for the market."

DXSyndicate includes the following new features and functionality:

Support for multiple browsers and mobile devices. The platform supports all major browsers (Internet Explorer, Chrome, Safari and Firefox), all major mobile phone and tablet platforms (Apple iOS, Android and Windows Phone) and traditional computers.
Enhanced covenant and compliance tracking. Upon closing of a deal, users can easily set up automated covenant and compliance event tracking. DXSyndicate® then automatically notifies the responsible administrators and source contacts of upcoming deliverables. The agency team can track the status of all covenants across the entire portfolio.
Detailed fee and commitment tracking. The platform now provides an overview of all lenders with fully integrated tracking by tier, title, commitment and fee. This enhancement enables syndication teams to abandon spreadsheets, aggregate deal data, and run detailed lender analyses. Data mining capabilities help spot opportunities and increase profitability.
Drag-and-drop browser upload. With a simple drag-and-drop, users can upload multiple files and nested folders directly from a computer or network drive into the deal site.
Amendment voting. DXSyndicate® allows syndicators to invite lenders to review and vote on amendments via a calendar invitation. Users can easily set up a voting event, required voting percentage, invite appropriate parties and track indicative and executed votes with executed documents.
Powerful search capabilities. Users can instantly search across deals, contacts, lenders and documents with Google-like ease. The platform performs searches faster and with greater precision.

For more information about DXSyndicate®, contact Director William Huschle, [email protected], 617.531.3408.

About DebtX
DebtX operates the world's most liquid marketplace for loans. Through its loan sale advisory and valuation and analytics services, DebtX maximizes loan sale proceeds for financial institutions and government agencies. For syndication, agency, and loan sale professionals, DebtX provides a suite of web-based deal management solutions. DebtX is based in Boston, with offices across the U.S. and Europe. Call +1.617.531.3400 or visit www.debtx.com. Follow DebtX on Facebook, Twitter and LinkedIn.

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