How Nidaan Systems helped Ducera Partners implement Intapp Conflicts
To support their professionals and keep up in the fast-paced legal market, Ducera Partners, a leading investment banking advisory practice, chose to integrate its business operations with Intapp Conflicts. By working with Nidaan Systems, an Intapp Certified Implementation Partner, Ducera was able to customize Intapp Conflicts and successfully integrate it with its existing systems.
Ducera Partners is an investment banking firm based in New York. The firm advises clients on mergers and acquisitions, divestitures, joint ventures, capital markets transactions, dividend policies, share buyback programs, and strategic alternatives. The firm’s service areas include liability management, business plan review, cash flow, and liquidity analyses, rescue financings, rights offerings, and restructuring advisory. Ducera primarily caters to the financial services sector.
Eliminating manual, error-prone conflicts checks
Pre-pandemic, Ducera Partners, a leading investment banking advisory practice, conducted conflicts checks manually. However, firm leaders knew that no matter how careful their professionals were, there was always a risk of human error. They also knew that this manual method was taxing and time-consuming for their professionals, and that it was preventing them from focusing on high-level work.
With so many advanced software solutions available, Ducera leaders recognized that their traditional, manual processes were no longer practical or viable. They knew they needed to invest in purpose-built legal technology to automate workflows and conduct conflict checks more efficiently and accurately.
Implementing an automated, integrated solution
Ducera leaders began researching tools that could help them improve the efficiency of the firm’s conflicts check process and minimize manual intervention. Their ideal solution was one that could help the firm with the following tasks:
- Automate workflows to improve efficiency
- Identify conflicts to help mitigate legal risks
- Generate reports to prove due diligence
Ducera soon selected Intapp Conflicts, an automated, AI-powered solution designed to meet the needs of professionals at partner-led firms. The solution automates end-to-end conflicts clearance, and uses AI to identify potential conflicts of interest across vast repositories of client data, matters, and relationships. It also generates custom interactive conflicts reports and provides audit trails to ensure compliance.
Ducera leaders knew Intapp Conflicts could help improve its operational efficiency and mitigate risk. To ensure a successful implementation, Ducera turned to Nidaan Systems, a trusted Intapp Certified Implementation Partner.
An easy and customized integration process
Nidaan played a pivotal role in facilitating Ducera’s successful implementation of Intapp Conflicts. The software company, which specializes in legal technology, provided Ducera with technical expertise about the tool’s capabilities and methods for a successful deployment. Post-implementation, Nidaan provided proactive troubleshooting and continued support to ensure Ducera’s ongoing success.
Throughout the process, Nidaan took Ducera’s specific goals and requirements into careful consideration. For example, Ducera required integration between Intapp Conflicts and its existing infrastructure. Ducera leaders knew that if they integrated Intapp Conflicts with the tools and processes their professionals were already familiar with, it would make it easier for teams to learn and adopt the new solution.
Leveraging their deep understanding of Intapp technology, Nidaan professionals tailored Intapp Conflicts and successfully integrated it into Ducera’s existing infrastructure. This close partnership resulted in a smoother implementation and rapid adoption of Intapp Conflicts for Ducera.
Improving efficiency and performance
Since adopting Intapp Conflicts, Ducera can identify and manage conflicts of interest more quickly and easily. Using Intapp Conflict’s AI capabilities, professionals no longer need to manually check for conflicts of interest. This reduces the risk of human error and helps the firm resolve conflicts faster, supporting high standards of ethical integrity and client service.
And, because Intapp Conflicts helps Ducera minimize manual intervention, professionals now have more time to focus on strategic, high-value activities. With its new, modern approach to business operations, Ducera is setting an industry standard for efficiency and accuracy.
Executive Summary
Founded in 2015, Ducera Partners is a leading investment banking advisory practice renowned for its innovative solutions and client-centric approach in M&A, restructuring, and capital raising. Founded on the principles of integrity, collaboration, and excellence, Ducera has established itself as a trusted advisor to corporations, private equity firms, and other stakeholders seeking expert counsel in navigating the intricacies of the global financial landscape.
Challenges
- Professionals manually checked conflicts of interest, increasing the risk of human error
- Time-consuming manual processes prevented prompt conflict resolution and blocked staff from focusing on high-level work
Results with Intapp
- Improved operational efficiency By automating end-to-end conflicts management, Ducera accelerates review and conflict resolution, allowing the firm to provide better client service
- Reduced risk of human error Intapp Conflicts uses AI to identify conflicts, minimizing the risk of human error and upholding compliance with industry standards and regulations
- Optimized resource allocation Intapp Conflicts minimizes manual intervention during conflicts checks, allowing staff to focus on high-value tasks