In 2020, we launched the commercialization of Merlin, a software suite dedicated to Private Equity funds, bringing a new vision of IT for Management Companies, stemming from our collaboration with a leading Management Company in the field.
Our aim wasn't to offer yet another interpretation of the market's historical software.
Our references aren't there.
Our references lie with the world's leading ERP (Enterprise Resource Planning) providers, where we've worked for over 15 years.
Like millions of companies that have chosen ERP, we believe in
process automation, alignment of business practices, data consistency provided
by a single repository, best practices, and collaboration between departments—benefits they've observed for over 25 years.
Before venturing into Private Equity, we worked with companies and major corporations in banking, insurance, retail, manufacturing, energy, facing pressures on prices, margins, encountering new competitors or market downturns. We witnessed how they struggled to improve operational efficiency
through process automation, strengthened interdepartmental collaboration,
secured revenues through better understanding and service to clients, and
personalized their relationship with them.
We've seen them adopt ERPs tailored to their size and industry specifics, along with performance forecasting and management systems based on their data.
These are the goals of Merlin, filling a gap in the Private Equity market.
What we offer these funds is what their institutional investors use: an integrated solution, bringing the same benefits.
We've added a level of automation, unknown from US software: the
Business Flows Decomposer (or Event Report Decomposer). Thanks to the Event
Report Decomposer, recording a transaction (asset or liability operation) automatically generates accounting, cash position, and inventory updates.
Finally, our founder's background in a major investment bank brought a rigor in securities processing, unique in the market.
The benefits are undeniable, proven time and again in other sectors.
Business activities are automated to the fullest extent, operational errors (such as hurdle rate calculations, interest calculations, currency operations, etc.) isappear, internal controls are reduced.
The Private Equity business environment is deteriorating: rates rising make PE funds less appealing, fundraising is more difficult, valuations are down, investors are more selective... Secondary funds are thriving.
The recipe to best cope with this has been known for over 25 years.
That's what we propose with Merlin.
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