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Question and Answer (Q&A), Dashboard and Visual Analytics and
Security Features Among Updates to Make M&A Process More Efficient and
Secure
ST. PAUL, Minn.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/DataRoom?src=hash” target=”_blank”gt;#DataRoomlt;/agt;–Merrill
Corporation, a leading technology provider for global mergers and
acquisitions (M&A) professionals, today announced several new security,
collaboration, insight, and control capabilities to DatasiteOne, the
company’s cloud-based application for managing due diligence.
The new features are part of the company’s ongoing efforts to streamline
the due diligence process, as well as add value to other phases of the
M&A lifecycle.
“We want to surround the M&A lifecycle with technology, insight and
expertise to support our customers’ administrative and decision-making
processes,” said Rusty Wiley, chief executive officer of Merrill
Corporation. “These enhancements further solidify our position at the
forefront of securely managing due diligence. With our updates,
financial professionals are seeing improved insights on potential buyer
behavior, all of which align to support more control and effective,
data-driven decision making in the complex M&A cycle.”
The updates to DatasiteOne allow M&A professionals to manage due
diligence in a virtual data room (VDR) setting more efficiently and
securely.
“We spent months talking to hundreds of our M&A clients to understand
their needs, including how to provide them more control and security at
the application, folder and document level,” said Thomas Fredell, chief
product officer at Merrill. “These updates give our customers the
ability to control the speed at which they want to move, as well as the
security options and custom insights that ultimately make the due
diligence process more systematic and effective.”
Specifically, among the capability enhancements are updated Dashboard
and Visual Analytics, which help deal makers anticipate buyer
questions, gauge buyer engagement, and preemptively identify issues that
could slow, or end a deal.
“Deal makers want insights into the status of their deals, with a
singular focus on engaging with the most interested parties and
improving the quality of the information shared,” said Fredell. “Our
enhanced dashboard and visual analytics give our clients knowledge in a
format of their choosing that helps support their decision making.”
Additionally, managing Q&A offline or with outdated technology adds time
and unnecessary risk to an already complex process. According to Merrill
research, prospective buyers ask an average of 500 questions during the
Q&A due diligence phase. With DatasiteOne’s enhanced Q&A
functionality, deal makers can leverage features such as, Excel
® import and export of questions, a dedicated dashboard,
management of questions within questions, and bulk edits.
Other enhancements recently added to Merrill’s DatasiteOne include:
For more on the latest updates to DatasiteOne, visit: https://www.merrillcorp.com/us/en/datasiteone.html
About Merrill Corporation
Merrill Corporation is a leading
global SaaS provider for participants in the M&A lifecycle. Clients
trust Merrill’s innovative applications, excellent customer service and
deep subject expertise to successfully navigate the secure sharing of
their most sensitive content. The company’s flagship platform,
DatasiteOne, powers secure, intelligent due diligence and enterprise
collaboration for thousands of deals in more than 170 countries. For
more information, visit http://www.merrillcorp.com.
Contacts
Laura Powers
Merrill Corporation
212-367-6168
Laura.powers@merrillcorp.com
Nicholas Koulermos
5W Public Relations
646-843-1812
Merrill@5WPR.com
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