This deal builds on an existing partnership between the two firms.
Business solutions provider IntraLinks announced it is teaming with software provider Misys to deliver syndicated loan solutions to the capital markets. The two firms aim to improve customer experience in this $3.9 trillion market by building connectivity that supports straight-through processing of loan information.
Through the partnership the two firms will look to deliver real-time synchronization of fund-level entities by providing administrative agents with the ability to fully represent their legal lenders of record for each deal conducted on IntraLinks' platform, according to the New York-based vendor. IntraLinks will also connect to Misys Loan IQ, Misys' commercial lending system, so as to provide for joint book running, pipeline reporting and customer relationship management tools.
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails