Expense Management

Expense Management

January 23, 2013

Solveigh Takes Cloud Computing to the Investment Banking World

There’s been a lot of buzz lately on the benefits of cloud computing, and more specifically, how finance industry IT operatives can overcome security and compliance with it. In light of this, Solveigh, a prominent China-based investment bank, is ready to bring cloud computing to the investment banking world.

The company is deploying Navatar's (News - Alert) M&A Cloud and Navatar Deal Connect to manage their investment banking business and build worldwide connections. Based in Hong Kong, Solveigh is part of Global M&A, an independent middle market M&A advisory firm with offices in more than 37 countries.

"No other system captures the entire M&A process like Navatar does," said Ernst Jan Kruis, CEO & founder, Solveigh. "It also helps us connect with the right dealmakers around the world."

Navatar's M&A CRM offers M&A firms and investment bankers the opportunity to discover potential clients, find the right buyers as well as manage the entire due diligence process – all without spending any money on software, hardware or professional services. It ultimately allows them to operate from anywhere – even their clients', buyers' or lawyers' offices – using laptops or mobile devices.

 “Our goal is to help M&A firms close more transactions, as opposed to maintaining software, hardware and data," added Ketan Khandkar, principal at Navatar Group. "Our solution completely removes the need for capital expenditure and IT/Support costs."

Navatar M&A CRM is also fully integrated with Navatar Deal Connect, the global online marketplace for collaborating on middle market transactions. Navatar Deal Connect is completely free for any buyers, sellers and intermediaries (they need not be Navatar customers). 

Navatar M&A enables M&A firms to maintain database of prospects and buyers from various sources. Navatar's M&A runs entirely in Salesforce.com's (News - Alert) cloud and is available for a low monthly fee. Furthermore, it doesn’t require any additional license purchases from Salesforce.com. Navatar provides all implementation services, accounts/contacts migration, training, maintenance and premium support free of charge.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.

Edited by Allison Boccamazzo

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