Financial firms around the world are choosing cloud service so they don't have to hire an IT staff or consultants, or invest in hardware/software. Solveigh, an independent and specialized advisory firm offering investment banking services, is joining this race. The company has picked Navatar's (News - Alert) M&A Cloud and Navatar Deal Connect to manage its investment banking businesses and expand its reach worldwide.
Navatar Group is a provider of cloud solutions for the financial sector, with customers in more than 20 countries. Navatar's M&A CRM is built on Force.com, a well recognized cloud platform from SalesForce.com, and supported by Navatar’s Financial Services specialists. It allows M&A firms and investment bankers to discover potential clients, find the right buyers, as well as manage the entire due diligence process, without spending any money on software, hardware or professional services. Above all, it is always available.
"Our goal is to help M&A firms close more transactions, as opposed to maintaining software, hardware and data," Ketan Khandkar, principal Navatar Group, said in a statement.
"Our solution completely removes the need for capital expenditure and IT/Support costs," Khandkar added.
. Navatar M&A CRM is fully integrated with Navatar Deal Connect, an online marketplace for collaborating on middle market transactions, which is free for any buyers, sellers and intermediaries.
"No other system captures the entire M&A process like Navatar does," Ernst Jan Kruis, chief executive officer and founder at Solveigh commented.
"It also helps us connect with the right dealmakers around the world," Kruis added.
Navatar Deal Connect allows its buyers to have complete access to a huge global network, significantly reduces the cost and efforts of sourcing each deal, and manages the deal flow process. Navatar Deal Connect will help Solveigh to turbo-charge the process of building relationships and target lists.
Navatar recently released a new version of Navatar Private Equity CRM, a cloud solution used by alternative assets firms worldwide.