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Ontra launches Digital MFN elections tool to simplify form creation and reduce expenses

Ontra, a Blackstone-backed AI-driven company that automates contracts and high-volume legal work for private markets, has launched a new Digital Most Favoured Nations (dMFN) elections tool aimed at streamlining the MFN process.

Ontra says the solution simplifies form creation and ongoing obligation compliance, while reducing fund expenses and the risk of election errors. It allows fund managers and their counsel to collaborate on negotiating favourable side letter terms, run an efficient MFN process, and manage all resulting obligations in a single platform, according to a company press release.

“By adding the dMFN capability to the Insight platform, we’ve designed an integrated solution that unifies MFN elections with side letter and fund compliance to reduce expenses, increase transparency, and create a positive MFN election experience,” said Miles Chan, GM of Insight at Ontra.

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