ELFA is pleased to announce a new partnership with Credilyst to offer its members an AI platform designed by experienced debt capital markets professionals to empower deal teams and front office deal makers across all asset classes of leveraged finance.
Credilyst is designed to help teams and individuals achieve more with the same resources, sharpen investment decision making, identify and evaluate more deals, enhance risk management, and enrich their roles in addition to achieving a better work life balance..
The platform combines qualitative, financial and legal AI tools supported by unique algorithms that are designed to capture the entire deal evaluation process under one platform, increase operational efficiency, productivity and deal flow, ultimately allowing professionals to spend more time building valuable client relationships and making decisions.
The user experience is intuitive and produces customised materials and qualitative analysis with an interactive function for deep-dive Q&A that responds in detail within seconds. The platform can be customised around the particular focus of each asset manager, to create tailored content and document templates.
Ed Eyerman, ELFA CEO said, “ AI is high on the agenda of our members, and our recently formed AI working group is evaluating both the business and operational opportunities as well as the compliance challenges that AI represents for our members in the short and medium term. We welcome the AI expertise and cutting- edge tools that Credilyst brings our members as a partner to ELFA.”
Danio Arcelloni, Credilyst Co-founder said, “Deal teams across the multi trillion dollar leveraged finance sector are underserved by highly fragmented and traditional enterprise tech providers. By harnessing the recent advances in AI and our experience of debt capital markets, we are offering a highly customised alternative to generalist AI solutions, designed for the specific needs of credit professionals and deals teams. Credilyst can empower teams to do more with the resources they have in terms of investment decision making and risk management whilst enriching roles and striking a better work-life balance.”
For more information, please visit https://www.credilyst.ai/
The European Leveraged Finance Association (ELFA) is pleased to announce the appointment of Irem Sukan, Marios Halloumis and Glenn Oliver Anderson as the new Co-Chairs of the ESG Committee. Irem, Marios and Glenn will take over from Tina De Baere, Oliver Newman and Lily Baik following their decisions to step down.
The European Leveraged Finance Association (ELFA) has published a summary of industry roundtables, held in response to its recent Open Letter (“Taking Stock of Market Standards on Disclosure, Process, and Engagement in the European Leveraged Finance Market”) which highlighted persistent concerns around limited disclosure, overly compressed deal timelines, and increasingly restrictive transferability terms, all of which are undermining efficiency and resilience in Europe’s leveraged finance market.
The European Leveraged Finance Association (ELFA), in collaboration with global law firm Akin, has today published the second issue in its Transferability Series, focusing on the evolving use of whitelists in leveraged finance documentation.
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