Insights

DebtX Software Solutions, Inc. (www.debticate.com), a leading provider of Loan Syndication and Loan Sale software, is pleased to announce the appointment of Robert (“Bob”) Berk as an independent board member and advisor.  This move marks a significant step in the company’s mission to drive innovation and expand its offerings to meet the needs of its Capital Markets clients.

While it is necessary to develop a buttoned-down methodology to structure and syndicate deals effectively, the related back-office Agency function is likely to become deficient far sooner than the syndication function.

Now more than ever, it is critical for financial institutions and their partners, including vendors, to follow a holistic approach toward cybersecurity to protect against existing and new threats.

While secure document sharing and video conferencing are important functions, they are only part of what businesses must address in a more holistic manner to operate efficiently in a remote environment.