DealCloud’s data-powered platform enables dealmakers and principal investing professionals to execute on transactions while reducing their total cost of ownership (TCO) and administrative burden
New York, NY – December 2, 2019 – DealCloud, the leading platform for deal, relationship, and firm management in the capital markets industry, today announces its designation as a “Most Promising Capital Markets Technology Provider” by CIO Review Magazine. The classification signifies the shift that private equity, investment banking, lending, real estate, and other capital markets firms are making towards purpose-built, vertically-specific technology, and away from generic and horizontal CRM solutions.
“We are thrilled to be recognized as a leader in the capital markets industry and for driving technological innovation,” said Lokesh Seth, Chief Operating Officer of DealCloud. “DealCloud is more than CRM. Our platform equips dealmakers with the tools they need to improve operations, execute on deals, and increase firm-wide transparency.”
CIOReview is a leading technology magazine that is at the forefront of guiding enterprises through the continuously varying business environment with information about the solutions and services. The magazine serves as a trustworthy knowledge source as well as a platform for the C-suite executives, industry experts, IT buyers, and other decision-makers to share their valuable insights about new technology trends in the market. CIO Review publishes regular capital markets-specific content and commentary from industry leaders from The Carlyle Group, Allianz Global Investors, and INTL FCStone.
DealCloud was recognized for its single-source deal management platform, its ability to combine software and data for enhanced insights, its many applications including its ability to help firms mitigate risk, its user-focused events programming, and much more.
Founded in 2010, DealCloud was founded by a team of former deal professionals with deep knowledge of the capital markets. Today, the firm supports over 700 firms and over 20,000 capital markers professionals. It has expanded globally and continue to grow rapidly across verticals such as private equity, investment banking, growth equity, family offices, venture capital, fund of funds, limited partners, credit and leveraged finance, real estate, and corporate development.
“We are proud to have been selected as a trusted and market-leading technology solution provider and partner in this edition of CIO Review magazine,” said Rick Kushel, DealCloud’s Chief Executive Officer. “We have built our technology and this business with the busy dealmaker in mind, and we will continue to drive innovation that serves the needs of capital markets professionals for many years to come.”
DealCloud, an Intapp company, provides a single-source deal, relationship, and firm management platform to enable over 700 clients to power their deal-making process from strategy to origination to execution. We offer fully configurable solutions purpose-built for the complex relationships and structures of private equity and growth capital firms, investment banks, private and publicly traded companies, debt capital providers, and other investors. For more information, visit www.dealcloud.com.