During the 19th XBRL International nference in Paris, France, CMH Partners LLC, a New York-based investment banking boutique specializing in the FinTech (financial technology), CleanTech (clean technology) and MedTech (medical technology) sectors, announced that it is offering investment banking advisory services to XBRL software developers to help them raise capital.

“XBRL is already mandated for business reporting in three of the world’s largest enomies — China, Japan and the United States,” said Brad J. Monterio, Managing Director, CMH Partners LLC. “As these and other ernments expand XBRL implementation into other areas such as risk management, sustainability reporting, tax filings, loan venants, proxy statements, mutual fund and asset backed security prospectuses, among others, the total market for XBRL-enabled tools among preparers and users of information will grow exponentially. Our principals each have more than 10 years experience with XBRL — we leverage our knowledge and expertise to help technology mpanies deftly navigate the challenges and opportunities in bringing XBRL solutions to market that enhance transparency and rebuild trust in business reporting.”

“This demand growth means that both established and start-up XBRL software vendors will need additional capital to expand their portfolios of products and services, open new markets and mpete effectively on a global scale,” said Dorothy Price Hill, Managing Director, CMH Partners LLC. “With the drying up of more traditional funding sources such as bank credit lines, mpanies are turning to the alternative investment sector, including venture capital firms, for their capital needs. CMH Partners can assist them in identifying and attracting capital for their expansion goals.”

CMH Partners works with its affiliate, lmgroup (www.lmgroup.m), to provide mprehensive advisory services that position its clients uniquely to potential investors. “Our integrated approach not only highlights our clients’ financial performance, it positions their management as thought leaders and inserts them into discussions around developing standards, proposed legislation/regulation and policy to enhance their brand awareness and credibility in a more meaningful way that resonates with prospective investors,” added Monterio.