Earlier this week, DealCloud was honored to add its 200th new client of 2018. The milestone was reached on October 29th, 5 months after adding 2018’s 100th client on May 30th. Year to date, DealCloud has experienced a 40% growth in new clients added (by count) versus the full year 2017.
CB Insights 145+ Tech Startups Focused On Transforming Capital Markets In One Market Map recognizes DealCloud as an innovator in Financial Services Software.
Within each industry there are certain complexities that make the tracking and management of data more difficult. In the manufacturing industry, for example, it’s important to track inventory, project statuses, equipment and time sheets. In the real estate industry, on the other hand, connectivity to multiple listing service (MLS) is a must-have. In the world of private equity and investment banking, a completely different set of capabilities is necessary in order to effectively record and leverage data day-to-day.
Fund Managers that are evaluating technology solutions are generally presented with 2 options: an End to End System or a Best of Breed solution.
On the surface, the End to End system looks appealing. For many firms though, surface level is where the appeal stops.