Loan Ecosystem Online Enhances Loan Agency Operations with Integrated Tickler System

5 Mar by Vitaliy Dadalyan

Loan Ecosystem Online Enhances Loan Agency Operations with Integrated Tickler System

CHICAGO–(BUSINESS WIRE)–Loan Ecosystem Online (LEO), a financial technology platform that
streamlines the syndicated loan process, has integrated a tickler
system, allowing an agent to track time-sensitive tasks under a credit
agreement for the borrower, loan operations, and the agent.

Developed by Loan Ecosystem LLC, the secure, end-to-end platform
transforms the traditionally cumbersome deal discovery process by
facilitating participation between lenders and originators, creating
efficiency through automation and broadening access to create a more
transparent, liquid market for middle market and broadly syndicated
loans.

The new tickler system can be used to set up a task as a one-time event
or follow specified recurrence rules. Once a tickler is created,
automatic reminder notices are generated and sent before and after the
task is due, eliminating the need for manual tracking and reminders.

An industry first, the ticklers are deeply integrated with the LEO data
room, allowing documents attached to the tickler to be directly posted
and messaged to lenders.

Customizable status reports of all one-time and recurring ticklers
pertaining to one or many deals can be generated and delivered
automatically to specified parties.

LEO, an independent company, has leveraged industry experts in building
the platform to meet all security, back office and regulatory
requirements. After conducting a number of surveys with syndication
professionals, LEO’s User Experience team designed an interface and the
workflows to address the key areas of friction in the deal process —
including the disparate processes between parties and the inefficiencies
of dealing with separate CRMs, data rooms and lending platforms. Whether
originating club or broadly syndicated loan deals, LEO captures all data
touch points, in real time, for each originator.

Currently, the LEO platform supports 166 deals, at $20.84
billion notional, 375 lenders and over 1,500 users.

About LEO

LEO is a new fintech platform that streamlines the syndicated loan
process, eliminating the current guesswork and manual process utilizing
Excel spreadsheets and gives all parties complete transparency into the
loan syndication process. The platform conforms to the highest standards
of communication and data security.

What the LEO platform can mean to you:

For Originators and Syndicators, LEO delivers a unique process for
selling loans. Not only are you able to sell loans to a targeted lender
group (private) or make the loan available to the broader, pre-approved
LEO lender base (public), you’re able to monitor lender activity in
real-time (page views, document views, downloads) and gage their
interest.

For Agents, LEO’s state of the art data room is designed specifically
for the syndicated loan market, providing users with an intuitive
interface and workflow, enhanced functionalities and increased
efficiencies. LEO has an extensive API that may be used to automatically
synchronize LEO with your platform.

For Institutional Lenders, LEO represents an online space to apply to
originators and syndicators, find a loan, request access, commit to
purchase and monitor all on the platform.

For Sponsors and Borrowers, LEO provides a system to manage access to
portfolio company information, monitor lender activity and distribute
documents to lenders securely.

Learn more about LEO at https://loaneco.net/.

Contacts

Media Contact:
Patrick Livney, CEO
205 N. Michigan Avenue,
Suite
4220,
Chicago, IL 60601
Office: 312-481-6021
Mobile: 847-609-8525
[email protected]