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Loan Pricing Corporation Launches New and Improved DealScan Database Solution
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| Basis Point Publishing Limited Launches Asia-Pacific DealScan Database |
| Loan Pricing Corporation Launches European DealScan Database |
NEW YORK, February 10, 2003 - Loan Pricing Corporation (LPC), a Reuters company, announced today significant new enhancements to its market-leading, web-based DealScan database. DealScan is the world's pre-eminent source for comprehensive, reliable and actionable information on the global commercial loan market. It contains detailed terms and conditions on over 131,000 loan and bond transactions, including current and historical structural and pricing data dating back to the mid-1980's and is used by virtually all the major constituents across the loan market globally. The most significant enhancements to the new release of DealScan are a new user-defined interface and additional, solution-driven functionality. With the addition of region-specific user interfaces, DealScan strengthens its position as the leading global database solution. The DealScan upgrade is part of LPC's ongoing and broader efforts to deliver the most timely, comprehensive and relevant data, news, and analytic product solutions to its global client base.
Lucine Kirchhoff, Managing Director, Head of Loan Syndicate at Bank of America, said "Departments throughout our institution have relied on LPC's information in their daily businesses for years. We are excited about this new version of DealScan, as it represents a great improvement to an already essential loan market tool. The new user interface, with its easy to use pull down menus and guided searches, will enable our entire team to save time and get things done faster so we can concentrate on making better business decisions."
"LPC has been providing global credit market players with loan market deal information via DealScan for fifteen years now. In this latest release, we've taken feedback directly from our customers around the world and crafted an entirely new interface for the product. We focused on upgrading usability and performance so that, not only do our customers continue to have access to LPC's comprehensive data, analytics and real-time news, but they can do more with it in less time than ever before," remarked Mike Lavin, Senior Vice President and Director of Product Operations at LPC. "We've simply made DealScan a more productive and compelling tool," he added.
Based on collaborative development efforts with the market, LPC determined that the new DealScan features and functionality would considerably improve users' productivity. These productivity improvements are largely due to a more streamlined and intuitive process for generating searches and reports, powerful new search capabilities, enhanced reporting options, improved performance and an upgraded online help system.
About Loan Pricing Corporation
Since 1985 Loan Pricing Corporation (LPC), a Reuters Company, has provided market players around the world with the most complete and accurate news, data and analytics on bank loans. LPC's coverage spans the United States, Europe, Middle East, Africa, Latin America, and Asia-Pacific via subsidiary Basis Point Publishing Limited. LPC's content is delivered via publications, on-line services and databases.
Loan Pricing Corporation (LPC) has earned its reputation as the premier global provider of loan market information and analysis through its in-depth focus on the loan industry and development of state-of-the-art products and services for bankers, borrowers, and loan investors.
For more information contact:
Loan Pricing Corporation
Michael Lavin
Tel: 212-833-9236
Email: mlavin@loanpricing.com
Kevin Elphick
Tel: 212-833-9362
Email: kelphick@loanpricing.com
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