What Banker Processes Need Updating/Automating?

Not for their sake, but for yours? What's old fashioned or needlessly manual in the deal execution process that banks should update?

  • CIMs sent in hard copy?
  • Inability to send/receive text messages?
  • "Please find attached version XVII of the Project [] WGL"?
  • Physical signature pages?
  • Lack of file sharing software (for collaborating on models, docs)?
  • Other stuff?

Comments (18)

Feb 8, 2019

Source files and commenting process for CIMs should be streamlined. Some sort of plugin for powerpoint where you link files to pages and get comments per page, even after you reshuffled.

Feb 8, 2019

All of the data room providers I've used are absolute garbage. Wish a vendor would come out that spent more on development costs than on drinks and game tickets to bribe people into using their terrible services

    • 10
Feb 10, 2019

hear hear SB'd

Feb 11, 2019

All of them? Really? Aren't most banks using Merrill/IntraLinks/Donnelley, and aren't those supposed to be the good ones?

Feb 19, 2019

They still all have things things that suck about them. Wish you could take the best of each and mash them together.

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Feb 12, 2019

Oh so true, +1SB

"If you ain't first, you're last!" - GOAT

Feb 13, 2019

'+ SB - this is hilarious

Feb 19, 2019

So sick of grabbing lunch with disillusioned data room sales reps, even tho its free...

Most Helpful
Feb 14, 2019

I'll bite - I hate / hated PIBs - if there was an "auto-PIB" app, that would be awesome

Logo intern has also been a big win for our team. Logo splash pages done in minutes instead of ours. Strip profiles are easier, etc.

    • 6
Feb 19, 2019

Hate PIBs, logos, company profiles, and most slides.

+SB for Logo Intern

    • 1
Feb 20, 2019

Agree that Logo Intern is the bomb

    • 1
Feb 21, 2019

This is a godsend. SB for you

Mar 11, 2019

SB for logo intern. We waste so much time on industry landscape pages.

I hate sell side process updates and buyer trackers. These are the worst part of my job by far

Feb 16, 2019

Standardizing working group lists across the street would make a huge difference, also automating it from Outlook. The hours spent formatting/reformatting WGLs at every bank is absurd.

    • 2
Feb 19, 2019

I'm pretty sure that's exactly what DealSite does. Desktop and mobile WGL application for IB/PE, secure, with full Outlook import / export and email/calendar widgets. Some of the banks I work with use it and it's great.

Feb 19, 2019

You starting a SaaS company? :P

Feb 20, 2019


    • 2
Feb 23, 2019

What concert costs 45 cents? 50 Cent feat. Nickelback.

    • 1