Technology Solutions

Prior to 2000, the secondary market for loans was fragmented and participation was costly, time consuming, and generally limited to financial institutions with the economies of scale to absorb high sunken expenses related to offering or purchasing large loan portfolios.

In 2000, DebtX transformed the secondary loan market by developing and deploying the first Internet marketing platform for loan sales. The DebtX platform, originally used on a proprietary basis by our Loan Sale Advisory Group, provided a scalable and efficient mechanism for participants of all sizes to sell and buy loans that previously had little to no liquidity.

Over the next five years, DebtX invested heavily in technology research and development, and in 2005 we expanded seller access by opening the marketplace to direct loan sellers and loan syndicators.

DebtX invests millions of dollars in technology R&D annually and today offers a suite of products designed to address specific client needs in various market segments; more than 600 sellers/syndicators and 100,000 primary and secondary market participants utilize our technology solutions.

We offer 100% web-based platforms that integrate secure document distribution with customer relationship management and workflow tools designed to record and leverage institutional knowledge, enhance collaboration, and improve our clients’ ability to execute their business plans. Our products have been audited and approved by the IT security groups of many of the world’s largest banks, government agencies, and other financial institutions.


DXSyndicate

In 2005, DebtX launched DXSyndicate® for the syndicated loan market, providing the first Internet front office platform that integrated secure document distribution, book running, and customer relationship management in a single application. Our latest version, which utilizes the most advanced smart technologies, was custom designed for today’s syndication market in collaboration with our DXSyndicate client base.

DXSyndicate ScreenshotDXSyndicate is a secure cloud-based, integrated deal management platform enabling syndication and agency professionals to leverage institutional knowledge, enhance collaboration, and better structure, distribute and service syndicated loans.

Like all DebtX technology solutions, DXSyndicate is 100% Web-based, delivered on a SaaS basis, integrates secure document sharing with customer relationship management, offers drag-and-drop document management, tight email, contact and calendar integration, and robust reporting capabilities in a single application.

 

Functionality specifically tailored to the syndicated loan market includes:

  • Detailed fee and commitment tracking
  • Enhanced covenant and compliance tracking
  • Amendment voting & tracking
  • Misys Loan IQ Integration
  • Pipeline management and reporting
  • Real time book running and deal surveillance (sole or joint book)

DXOpen

In 2005 DebtX launched DXOpen®, enabling direct sellers to execute loan sales through DebtX’s proprietary secondary market asset sale platform. Our clients use the DXOpen platform to accelerate time to market, maximize recoveries, minimize closing risk, and develop institutional knowledge. DXOpen clients record critical investor acquisition profiles and bidder performance and leverage this knowledge to optimize execution from sale-to-sale.

DXOpen is a secure, cloud-based asset sale platform that enables financial institutions to manage their own asset sales from start-to-finish. Each DXOpen client has its own dedicated database to centralize and institutionalize asset, investor, and bid information related to their asset sale transactions.

DXOpen ScreenshotLike all DebtX technology solutions, DXOpen is 100% Web-based, delivered on a SaaS basis, integrates secure document sharing with customer relationship management, offers drag-and-drop document management, tight email, contact and calendar integration, and robust reporting capabilities in a single application.

Functionality specific to secondary market asset sales includes multiple online auction formats (e.g. sealed bid, English auction), individual and combinatorial bidding, and automated bid optimization with integrated bid review and scenario analysis tools.

The platform is fully scalable, supporting thousands of investors performing concurrent due diligence and bidding anywhere from one to several thousand assets.


DXDocs

DXDocs ScreenshotDebtX launched DXDocsSM in 2009 to serve clients who wanted to support their businesses with more than a basic virtual data room application. Our DXDocs clients require a platform that integrates secure document sharing with customer relationship management because they value the ability to institutionalize communications surrounding their business processes to record and utilize the intellectual capital generated through human interaction.

The DXDocs platform is used for a variety of purposes, including audit and compliance, risk oversight, CMBS and MBS securitization, regulatory compliance, M&A, and other traditional virtual data room applications.