Datasite recognised as Fintech - Financial Services winner at the China Technology Excellence Awards
Datasite Diligence™ and Datasite Prepare™make customers deal-ready, anytime and anywhere.
Business often involves deals, with the most successful ones relying on top-notch software and services that can help manage the transaction process throughout the entire lifecycle.
Datasite, a SaaS based technology provider for M&A professionals, has developed innovative technology to ensure these deals are managed effectively and efficiently, with support from talented M&A management experts. Datasite’s latest application, Datasite Diligence™, and Datasite Prepare™, take M&A software to the next level, with cutting-edge features.
Datasite Diligence helps dealmakers analyse and manage documents and assets required to purchase or sell a business within a secure virtual data room (VDR). The application features include intelligent redaction, which helps hide sensitive or protected personal information or content, and AI indexing, which organises and categorises documents, to help automate the management of the M&A process. This then can lead to improved accuracy, security, deal efficiency, and regulatory compliance.
The recent surge in M&A has also pressured dealmakers to be deal-ready at any time. With Datasite Prepare, dealmakers save numerous hours in preparing documents and organising files for review by potential investors and/or purchasers.
Datasite Prepare also supports companies around the world with their IPOs, not only through traditional means but also through SPACS. Datasite makes it certain that the IPO process management for issuers, advisors, and underwriters is secure and agile. The application prevents leaked deals that result in lower offer prices that can cost millions for shareholders.
A leading investment banking firm has found Datasite’s applications and AI features easy to use in solving cross-border M&A. A major PE firm also commended Datasite's prompt support of their needs, making their work more efficient. Additionally, a fintech unicorn commented that the platform and applications are easy to use and has met the company's strict compliance requirements.
Datasite Diligence has optimised and streamlined the M&A process by as much as 60%, whilst, Datasite Prepare, with its AI-enabled tools, has helped customers minimise the effort and cycle time in managing deals by up to 40%.
This is why Datasite Diligence and Datasite Prepare were recognised as the winner in Fintech - Financial Services at the China Technology Excellence Awards 2021.
Ultimately, the company, which facilitates more than 10,000 deals per year, is focused on helping solve problems that have plagued dealmakers for years.
"Datasite is determined to create new applications, advancements, and innovative features to serve our M&A customers' needs. We will continue to commit to product innovation, effectiveness, and dynamism to help dealmakers all over the globe," said Toto Ku, Senior Sales Director at Datasite.