This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IntraLinks And Misys Form An Exclusive Partnership For Syndicated Lending Solutions

NEW YORK, July 11, 2012 /PRNewswire/ -- IntraLinks Holdings, Inc. (NYSE: IL), a leading, global provider of inter-enterprise collaboration services, and Misys, the number one provider of financial services software, announced today an exclusive strategic partnership arrangement. The alliance is designed to better service participants in this $3.9 trillion dollar syndicated loan market by offering end-to-end process solutions that mitigate legal and operational risk and increase operational effectiveness. 

Under the partnership arrangement, IntraLinks and Misys will significantly expand efforts in supporting the straight-through-processing of information that is critical to the lending process. As a first step, the two companies will be launching a major upgrade to the Lenderbridge connector that currently automates the provisioning of lender access to IntraLinks' virtual deal rooms directly from within Misys Loan IQ™. The upgrade embraces market standards in lender (counterparty) identifiers and enables the 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. This upgrade will serve as a foundation for the launch of additional loan process solutions including the complicated process of administering amendment voting.

"Amendment voting is one of the remaining mostly manual processes in the syndicated loan market," said Ellen Hefferan, Vice President of Operations at the Loan Syndications and Trading Association. "Solutions that can streamline this process and reduce operational risk are critical to the future growth of the market."

In addition, under the arrangement, IntraLinks will offer an interface to Misys Loan IQ™ that includes a new front-office deal management capability that is intended to provide best-in-class joint book running, pipeline reporting, and customer relationship management tools. By combining these robust, front-to-back-office solutions into one fully integrated, next-generation syndicated lending solution, Misys and IntraLinks will be well-positioned to deliver new and differentiated solutions to the syndicated loan market.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs