For Banks and Private Equity / VC Firms, Gridstone offers SecureData, a comprehensive, secure, hosted solution for all their private company data management (Spreading) requirements.
SecureData clients can leave all their fundamental data management needs to Gridstone. Gridstone will receive and process financial statements. Clients can view and analyze standardized as well as as-reported data and ratios through a secure, easy-to-use, web-based platform.
Gridstone uses an extensive taxonomy to verify, transform and standardize captured data, which minimizes errors due to manual data capture and ad-hoc standardization.
Users can chart any line, or compare it to similar public and private companies. They can screen through their portfolio of companies for specific patterns, and download data to Excel for analysis. With a few clicks, they can check the veracity of a number by seeing it highlighted in its source document, for easy audit.
Using our Excel add-in, clients can continue to use spreadsheets that they used before they moved to SecureData - a simple and easy-to-use formula pulls data into existing spreadsheets, and keeps it up to date when new information comes in.
Due to the open web-services architecture of SecureData, it is easy to integrate with other applications (for example, a credit risk scoring application) using secure interfaces.
Clients can free their credit analysts to concentrate on the truly value-adding work of analyzing data and managing risk, leaving the important but low value-adding task of managing the underlying data to the professionals and technology at Gridstone.
Download a brochure on SecureData by clicking here.