NEW YORK, Oct. 19, 2015 /PRNewswire/ -- Financial Investment News (fin|news) has partnered with InHub (www.theinhub.com) to provide the institutional investing community with a streamlined web-based RFP process (eRFP) in an open-search or invitation-only environment.
The working relationship will ensure that fin|daily and Nonprofit News subscribers will receive a discount on InHub's eRFP technology and gain access to news on searches being conducted through the InHub platform. InHub clients can now distribute information on their searches to a broader audience through the globally-recognized fin|news publications, while InHub benefits from expanded product distribution.
Ariana Amplo, co-founder of InHub, says the firm's eRFP technology now provides a sophisticated web-based solution to institutions and consultants running formal RFPs for investment mandates and other service providers. The partnership will help clients conduct an open-search process by ensuring they notify the best firms and increase transparency on invite-only searches by publishing intelligence and trends throughout the process.
"Committees and consultants either make public search announcements or conduct a shadow-search using a database, but then are still stuck inefficiently issuing and collecting an RFP via email, or worse, snail mail. eRFP cuts that time in half reducing costly mistakes including opportunity cost. We are thrilled to work with fin|news," Amplo said.
An eRFP subscriber has the option to issue a search anonymously, invite others to evaluate proposals, take notes online and vote, and lastly receive a due diligence document at the conclusion of the project.
"Ensuring that our subscribers receive the most comprehensive news on investment manager and investment consultant searches across the institutional marketplace is our top priority and the ability to partner with InHub and leverage their impressive RFP technology allows us to report on searches that in the past would have remained private,'' said Matthew McCue, managing partner and editor of fin|news.
To ensure continued, unbiased coverage, fin|news will not receive any compensation for reporting on the searches.
eRFP, the technology behind Chicago-based InHub, is evolving the way the institutional community hires by bringing the request for proposal (RFP) process online. eRFP offers users an elegant solution to issue and collect proposals with ease. Since InHub's beta launch in April 2014, over $10 billion worth of searches have been issued including investment consultant, investment mandate and other service providers. Email [email protected] for more information.
fin|news, celebrating its 10th year in business, is the leading provider of public pension, foundation and endowment search news and data for business development and client relations professionals at institutional asset management and consulting firms. The company's fin|daily, Nonprofit News and Emerging Manager Monthly newsletters and FINsearches database are recognized as essential resources for industry. For more information and a free trial visit www.fin-news.com