Today, we’re excited to announce the launch of our new website. With more detailed product information and a fresh design, we believe this new website represents our work to transform the equity capital markets through CMG’s workflow management and data intelligence solutions.
CMG was founded in the aftermath of the 2008 financial crisis as the resulting surge in ECM activity highlighted the deficiencies of the industry’s legacy bookbuilding and workflow platforms. As ECM practitioners we were constantly challenged in communicating efficiently with the buy side, tracking investor demand, coordinating with the underwriter syndicate, and managing the necessary documentation, which involved extensive manual work, while securing the right data to inform our decisions. These challenges inspired us to create a more efficient technological solution for raising capital.
This perspective has informed our view that ECM efficiency can only be achieved by considering the relationships, communications and workflows of all participants. CMG offers the industry’s first connected platform for sell-side and buy-side collaboration. Throughout the new website, you’ll find numerous examples of how our offerings serve complementary functions across both sides of the Street, streamlining essential processes for as many stakeholders as possible.
With CMG XCTM, we offer real-time collaboration for ECM participants, eliminating manual processes and providing a single system of record for firm-wide offering activity. Sell-side firms can launch offerings, build order books and confirm allocations, while buy-side firms can view deal terms, communicate indications of interest and receive allocations. The CMG XC network now includes over 135 buy-side clients representing $40T+ in AUM and 20 sell-side partners accounting for 70%+ of market activity – extending each participant’s individual reach.
With CMG DataLabTM, we deliver analytics, visualization tools, real-time offering information and historical data to fuel timely, better-informed decisions. Both sides of the Street can analyze precedent deals, market activity and real-time performance with a unique level of precision. With over 3 million unique datapoints and 25,000 transactions available – all sourced from the unstructured data lying dormant in ECM workflows – all participants can make better-informed decisions.
The new website details the specific features and capabilities that enable these outcomes and provides examples of the insights our solutions can generate. As we continue our pursuit of ECM efficiency, I encourage you to regularly check the website and our LinkedIn page for our latest company news, product updates and perspectives.
We look forward to sharing what’s next.
