Technology Cuts Due Diligence to Less Than 3 Months for Two-Thirds of EMEA M&A Deals
Summary
EMEA practitioners report that, despite technological advances, accessing, gathering, verifying and reviewing documents, information and data continue to slow the due diligence process the most. “The advance of technology and digitisation has naturally enabled practitioners to better manage information and speed up the increasingly complex operation that is due diligence. The hope is that new technologies – from AI and machine learning to data analytics – can help solve some of these organizational and access challenges and potentially transform the operation entirely.” A total of 539 M&A professionals from Europe, Africa and the Middle East (EMEA) were surveyed by Merrill Corporation and Euromoney in July 2018. Clients trust Merrill’s innovative applications, excellent customer service and deep subject expertise to successfully navigate the secure sharing of their most sensitive content.