DataXchange
Transform loan notice delivery with an auditable platform that enables self-service retrieval by lenders
Agent notices are the key to effective communication, operational efficiency, and risk mitigation in syndicated and private credit lending.
Notice delivery, however, is notoriously labour-intensive and can be challenging for agents, lenders and third parties alike. Notices are sent and received in high volumes by fax or email, making it difficult for agents to confirm delivery and for lenders to confirm receipt. Notices are frequently misplaced and need to be re-sent, creating operational inefficiencies, delays, and frustration for agents and lenders alike.
DataXchange eliminates this operational burden with a centralized, auditable platform where syndicated and private credit loan notices – in digital and analog formats – are accessible at no cost to lenders and their third parties.
30 years of experience in loan markets
70k LXIDs for broadly syndicated and private credit loans
8 of the top 10 agents partner with us
Key Features
Flexible processing
Ability to process structured notices as well as notices that are emailed or faxed in unstructured formats.
Audit capabilities
Agents can log in to see which notices have been sent out and which lenders they have been sent to.
Lender self-service
Lenders are granted self-service access for current and historical notices at no cost.
Real-time data sharing
AI technology is used to facilitate auto-tagging, so notice data is available in DataXchange minutes after the agent has sent the notice, regardless of format.
100% coverage of asset data and activities
An extensive identification framework of 30,000+ LXIDs and 20,000 entity identifiers is used to streamline processing and enhance transaction accuracy.
Benefits for Agents
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Notice sharing – your way
Agents don't need to change their preferred formats or the way they operate to benefit from our centralized notice distribution.
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Eliminate operational bottlenecks
Replace labour-intensive notice retrieval and resends with a scalable solution while also freeing up team members to focus on higher value work.
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Enhance your lender experience
Friction and miscommunication are eliminated from the notice-sharing process, delivering a premium experience to lenders and their third parties.
DataXchange for Lenders
Lenders waste significant time chasing down and reconciling agent notices, resulting in delays, frustration, and higher operating costs. DataXchange eliminates these challenges, issuing notices in near real-time and indexing them to loan facility, activity type, and activity date on a single, searchable platform. The service is fast, efficient, transparent, and free for lenders and their fund admins.
Key benefits include:
- Self-service portal provides direct, anytime access
- No-fee user model
- Easy reconciliation - validate agent position data together with a notice
- Granular permissions and tracking
- No limit on users per organization
- Both digital and analog notices can be managed on the platform
- Indexed for easier search and retrieval
- Global loan market coverage
DataXchange is powered by technology that:
Processes 24 million notices a year
Supports near real-time digitization
Achieves a >99% process accuracy rate
Request Follow Up
Transform your loan notice delivery with a centralized, auditable platform that enables self-service retrieval by lenders. Get in touch to find out more or request a demo.