SS&C Survey of 300 Global M&A Professionals Highlights
AI as a Competitive Differentiator
WINDSOR,
Conn., July 24, 2024 /PRNewswire/
-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today
announced the publication of the SS&C Intralinks 2024
Artificial Intelligence in M&A Report. Intralinks surveyed 300
global M&A dealmakers from 225 corporations and 75 private
equity firms in H1 2024 to understand how and why dealmakers use AI
to facilitate mergers and acquisitions (M&A).
M&A professionals believe AI is going
to change every aspect of dealmakers' work.
"The rate of AI adoption in M&A has been intense and is
unlikely to slow down anytime soon," said Bob Petrocchi, Co-Head of SS&C Intralinks.
"M&A professionals believe AI is going to change every aspect
of dealmakers' work. The extent of their ability to exploit these
novel technologies will be a factor in their ability to stay ahead
of competition."
Key findings from the report include:
- The majority of participants (97%) believe AI will profoundly
impact their operations and how they run M&A processes. About a
third of the respondents are early adopters, confident in AI's
transformative potential and its practical applications for their
businesses.
- Talent and skills are seen as the biggest stumbling blocks in
AI adoption in the next 12-24 months, with 18% of respondents
citing the need to recruit and retain knowledgeable personnel. A
further 17% point to the need to train existing staff so their
firms can move on from legacy technologies.
- Nearly 43% say they've already invested in AI training for deal
teams. A third of the respondents (32%) intend to consider
restructuring deal teams and their responsibilities as AI adoption
accelerates.
- A quarter of the respondents cite quality control and reliable
performance as the top risks associated with AI adoption. Another
19% point to data security and privacy as a key issue.
The report also highlights viewpoints on practical applications
for AI within dealmaking:
- Predictive analytics and generative AI are the most valuable AI
tools for M&A dealmakers, followed closely by machine/deep
learning.
- Nearly a quarter (23%) of all respondents believe AI can help
generate more accurate and dynamic valuations by analyzing
financial data, industry trends and competitor information.
- Close to 30% of respondents believe advanced predictive
analysis and modeling will be a key trend shaping the future of
AI's use in dealmaking. In contrast, a quarter think the growth of
generative machine learning algorithms will be influential.
- A quarter of all respondents think AI will most impact data
analysis, while 16% believe AI will be most important for risk and
opportunity identification.
Click here to read the full report.
SS&C Intralinks is a pioneer of the virtual data room,
delivering software-enabled services across the entire deal
lifecycle, including deal marketing, deal prep, due diligence,
insights and post-merger integration. Intralinks technology enables
and secures the flow of information by facilitating
M&A, capital raising and investor reporting.
SS&C Intralinks has executed more than USD 35
trillion worth of financial transactions on its platform.
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 20,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale and technology.
Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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SOURCE SS&C