LONDON and COLOGNE, Germany, February 3 /PRNewswire/ --
IntraLinks(R), the world's leading provider of online workspaces for secure document exchange, today announced that Sparkasse KolnBonn, Germany's second largest savings bank, has selected IntraLinks as its standard virtual dataroom provider for its corporate finance division.
Under the terms of the agreement, Sparkasse KolnBonn corporate finance professionals will use IntraLinks' On-Demand Workspaces(TM) to securely exchange critical information with executive and financial teams, advisors, underwriters and outside counsel on their projects and transactions.
When a client is handling a merger or acquisition, capital increase or management-led buyout, there is always a tremendous amount of sensitive information involved, said Andrew Pearson, Managing Director of EMEA for IntraLinks. By using an IntraLinks workspace to manage these document-intensive processes, our clients can focus on deal efficiency, whether managing multiple bidders in global locations or gauging buyer interest from workspace activity reports.
IntraLinks' On-Demand Workspaces help deal participants more efficiently manage the entire lifecycle of MA transactions, from deal preparation to closing. IntraLinks maintains strict security standards and has received SAS 70 Type II certification for nine consecutive years.
About IntraLinks
IntraLinks(R) On-Demand Workspaces(TM) connect business communities and accelerate the intelligent flow of information and documents among participants. Through IntraLinks' secure, neutral, online environments, companies are better able to compete globally by accelerating essential business processes, simplifying communication and fostering rapid workflow.
IntraLinks is easily accessible anywhere, anytime using a web browser. Since 1997, more than 750,000 participants representing over 90,000 organizations worldwide have used IntraLinks On-Demand Workspaces(TM) to communicate and collaborate on thousands of projects and transactions. IntraLinks has been adopted widely in the financial services and pharmaceutical industries, where its clients include AstraZeneca Pharmaceuticals LP, Bank of America, Deutsche Bank, FDIC, TD Securities, Thomas Weisel Partners and WestLB, among hundreds of others. Founded in 1996, IntraLinks is headquartered in New York with offices around the world. For more information, visit www.intralinks.com.
About Sparkasse KolnBonn
Sparkasse KolnBonn is the market leader in the Cologne/Bonn region with total assets of about 31,600,000,000 Euros and two million customer accounts. It offers a full range of banking services to retail and corporate customers at central branches and over 150 subsidiaries. More than 5,400 employees assist customers with monetary transactions, financial planning and management, wealth management, corporate banking and trust management.
Sparkasse KolnBonn is a competent and stable partner for both private and corporate clients, providing one-stop financial services of high quality to all customers. Sparkasse KolnBonn also plays a foundational role in the region as a trainer, employer and engaged sponsor for cultural and social projects.
For further information please click www.sparkasse-koelnbonn.de
Jason Hemingway, IntraLinks, Inc., +44(0)207-549-5241, jhemingway@intralinks.com
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