Centralized Data and ESG Metrics Tracking Will Ensure Funds Further Women’s Financial Inclusion
Intapp, a leading provider of cloud-based software for the global professional and financial services industry, announced that Women’s World Banking Asset Management (WAM), the investment arm of Women’s World Banking, has selected DealCloud to enhance pipeline and portfolio management, investor relations, and reporting.
WAM makes direct equity investments in financial institutions with an explicit focus on women through Women’s World Banking Capital Partners Funds I and II. WAM aims to help close the gender gap in financial inclusion by investing in high-performing financial service providers that serve low-income female clients, expand gender diversity within their staff and management teams, and use innovative solutions to enhance customer reach and engagement. DealCloud will help WAM track and report on gender action plans and other value-add initiatives for its portfolio companies, ensuring they meet those objectives.
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“As the size of our teams and our funds continue to increase, the sheer volume of outreach and velocity of conversations in which we are engaged has become too complex to manage without a robust software solution,” said Yrenilsa Lopez, Portfolio Manager at WAM. “With DealCloud, everyone at WAM will operate using a centralized source of data, updated in real time to ensure we efficiently manage our pipeline and portfolio, effectively capture our metrics of success, and support communications with our partners.”
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“We’re beyond excited to be working with Women’s World Banking,” said Ben Harrison, President of Financial Services at Intapp. “We believe the DealCloud platform will help Women’s World Banking Asset Management and its portfolio companies continue to develop innovative financial products and services that will make a meaningful impact for women, their families, and their communities in the emerging markets.”
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