Documentation: Pluggin’ the internet

In 1997 Intralinks began providing internet-based document management for capital market deals such as syndicated loans. It claims that electronic dissemination can cut hard costs such as phone, fax, overnight mail, messengers, financial printing and paper by up to 30%.

More recently it has branched out to service the municipal securities market, private placements and asset backed transactions. “Our volume in August was a little bit ahead of where we might have anticipated, and in September we had a significant backlog,” says IntraLinks president and CEO Mark Adams.