The adoption of technology for M&A due diligence has already been on the rise since the pre-Covid times. The Covid-19 global pandemic has forced dealmakers globally to accelerate the adoption of technology such as drones, cloud-computing and AI to enable virtual due diligence. A growing number of M&A professionals understand and appreciate the benefits of technology for their transactions, and advanced technologies such as cloud-based solutions is now allowing 24/7 access to crucial deal documents from anywhere in the world. Technology has allowed deal teams to organize deal documents into one central location and facilitate collaboration through the cloud.
These tech-driven changes in the deal cycle has benefited stakeholders by not only driving improvements in the speed and accuracy of deal execution, but also significant cost savings and operational efficiency. Law firms and companies were in fact able to do more deals during the pandemic than before, according to the speakers at the M&A Asia Summit that was held on March 16-17, 2021.
What are the trends of technology adoption and how will AI complement corporate strategy, legal and investment banking professionals in deals? What are the efficiency gains for M&A teams that effectively use technology versus those that do not? Watch this recording of the leader’s roundtable discussion at the M&A Asia Summit 2021 to learn more about:
- The state of technology adoption in global mergers and acquisitions
- The use of drones, AI and other virtual mechanisms for due diligence during the Covid-19 pandemic where travel restrictions and non-accessibility were in place
- How AI and machine learning can improve speed and accuracy of contract reviews in M&A
- Leverage technology to cast a wider net in deal sourcing and better predicting deal outcomes
Speakers:
Adam Nguyen, Co-Founder and Senior Vice President, eBrevia, a DFIN Company
Timothy Williams, CFO, FCM Travel Solutions
Moderated By:
Rajeev Newar, Vice President, DAMAC Properties Co. LLC