DebtX Offers Next-Generation Syndication Platform

DebtX Offers Next-Generation Syndication Platform

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

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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, whuschle@debtx.com, 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 http://www.debtx.com. Follow DebtX on Facebook, Twitter and LinkedIn.

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SOURCE  DebtX

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DebtX

CONTACT: Greg Berardi, Blue Marlin Partners, 415.239.7826, greg@bluemarlinpartners.com

Web Site: http://www.debtx.com