Ipreo, a provider of market intelligence and workflow solutions to public issuers, sell-side firms and buy-side investors, is launching a new private company solutions (PCS) solution, Prism.
Ipreo says Prism will build on the firm’s existing expertise in capital raising and shareholder management to private companies, which face unprecedented challenges amidst the ever-increasing complexity of today's capital markets.
Ipreo says the Prism value proposition is squarely aligned to the pain points felt by thousands of private companies.
It is a holistic, cloud-based, CFO-desktop that equips private companies to manage regulatory requirements, securely communicate with shareholders, execute liquidity events and make better business decisions.
The Prism platform is designed to overlay seamless workflow functionality on top of an information layer, or "Single Source of Truth", which streamlines time-consuming, costly processes and enables private companies to focus on growth, scale and outperformance.
"As private companies remain private longer and the line between private and public markets continues to blur, there is an intense need for an integrated solution that makes it easy for private companies to act public, but stay private," says Charlie Young (pictured), executive vice president of PCS at Ipreo. "Prism is the answer, and its launch represents a natural evolution of Ipreo's offering. Public, Private, primary, secondary: Ipreo supports a private company from the moment of its first institutional round, through every phase of its capital-raising lifecycle, and into the aftermarket. And from buy side to sell side, Ipreo serves every constituent that touches that company along the way."