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Merrill Corporation Upgrades Datasiteone SaaS Application with Enhancements to Streamline Due Diligence Process for Deal Makers

Question and Answer (Q&A), Dashboard and Visual Analytics and Security Features Among Updates to Make M&A Process More Efficient and Secure

Merrill Corporation, a leading technology provider for global mergers and acquisitions (M&A) professionals, announced several new security, collaboration, insight, and control capabilities to DatasiteOne, the company’s cloud-based application for managing due diligence.

“These updates give our customers the security and custom insights that ultimately make the due diligence process more systematic and effective,” says Merrill CPO Thomas Fredell

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.”

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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.”

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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:

  • Custom Analytics: An enhanced service that provides users with custom dashboards in their referred color palette and visualization format.
  • Advanced watermarking: Users now can specify opacity and role name in the watermark configuration, decreasing the chances of wider sharing of confidential deal documents, which can jeopardize a deal.
  • Multifactor authentication: This capability further protects user accounts by requiring the entry of a one-time password code in addition to the user’s standard login.
  • Mobile: The enhanced iOS app that allows users quick, easy and secure access to looking up and reviewing deal documents on the go.
  • Status Page: An industry first that allows users to check the status of Merrill’s servers

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