Intuitive “No-Code Integration” interface makes private market applications available and auditable for integrated reporting, reducing manual extraction by 90%
Mercatus, the modern data management platform for private market investors, announced the release of its “No-Code Integration” interface that integrates with and supports the data needs of global private market investors. The first in a series of new data onboarding enhancements, the Mercatus data management platform’s configurable connectors reduce the annual cost of uploads, builds and maintenance by 90% according to an analysis of Mercatus clients.
Read More: Huobi Introduces Request for Quote for Electronic Trading and Voice Trading
“This mosaic that drives private markets data needs to be stitched together to support true insight and effectiveness to operate a successful business.”
“The technology landscape within private markets is extremely diverse, ranging from long running legacy in-house IT investments to modern cloud solutions,” says Mercatus CEO Haresh Patel. “This mosaic that drives private markets data needs to be stitched together to support true insight and effectiveness to operate a successful business.”
Read More: New Search Fund Model of Private Equity for Small Business Acquisitions
While business-to-business (B2B) integrations typically require technical expertise, Mercatus’ private investor-specific connection engine makes it simple for non-technical, business users to customize connectors to meet their needs no matter what apps or databases they’re using. As a result, data quality and accuracy improve, which fosters better business analytics and decision-making while reducing the number of stakeholders needed to coordinate across technology platforms.
“These integrations are expensive and time consuming, both to deploy and to maintain over time in a sea of rapid change,” says Mercatus CTO Jason Adams. “This is one of our most exciting set of releases to date. Introducing the means to manage and deploy powerful integrations without the need for technical skillsets will remove the risk and cost of requiring expensive consultants or technical development resources. We are empowering private market investors to manage their own data integration ecosystem without requiring code.”
Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant
