Investment Banking Dictation That Stays
Behind the Information Barrier
Cloud dictation tools receive every word you say about a deal. That means CIM details, valuation rationale, and management presentation notes potentially reach a vendor's server outside your firm's information barrier controls. VoicePrivate runs entirely on your device. Nothing leaves.
Cloud dictation creates an information barrier gap
Information barriers prevent MNPI from crossing between advisory and trading functions. Cloud transcription tools sit outside those controls entirely.
The Cloud Dictation Problem
- Deal-specific MNPI transmitted to vendor servers outside barrier controls
- CIM details, valuation work, and target names reach third parties
- No vendor audit trail within your firm's compliance infrastructure
- SEC enforcement history on information barrier failures creates real exposure
- M&A vocabulary mishandled by general-purpose transcription engines
The VoicePrivate - Finance Edition Solution
- All transcription runs on your device - zero network transmission
- Deal names, valuations, and client details stay behind your barrier
- IB/M&A vocabulary: CIM, LOI, fairness opinion, LBO, accretion/dilution
- Local audit log proves every dictation stayed on-device
- Works on the locked-down Windows machines common in IB environments
Who uses this in investment banking
M&A Advisory Bankers
Associates and VPs drafting CIM sections, deal team call notes, and management presentation summaries. The content is live deal MNPI. It should not leave the device during transcription.
Equity Capital Markets
ECM bankers working on IPO documentation, roadshow prep memos, and investor meeting notes. Pre-effective registration period materials require careful handling of non-public pricing and allocation information.
Leveraged Finance / DCM
Bankers documenting credit committee memos, staple financing discussions, and commitment papers. Deal economics and borrower details are classic MNPI that should stay within barrier-controlled systems.
Fairness Opinion Teams
Professionals drafting fairness opinion memos and board materials. These documents contain unpublished transaction details and are among the most sensitive outputs in any M&A process.
Where IB professionals actually use it
Dictation for the documentation that runs alongside a deal process.
Confidential Information Memorandum sections
Dictate draft sections for investment highlights, business description, and financial summary. CIM content is live deal MNPI - it shouldn't reach a vendor's transcription server while the process is running.
Post-call notes and action items
After a management presentation or advisor call, dictate your meeting notes directly into your note-taking system. Deal-specific details stay on device without any vendor exposure in the chain.
Letter of Intent and term sheet notes
Dictate LOI negotiation notes, open issues lists, and working capital discussion memos. Valuation parameters and deal structure details are exactly the kind of MNPI that should not leave the device.
Opinion memo dictation
Fairness opinion memos require careful documentation of methodology, comparable transactions, and valuation ranges. Dictate drafts locally without the transaction details reaching any third-party server.
Engagement letters and strategic advisory memos
Dictate client engagement documentation and strategic advisory notes. Client names and deal parameters stay on device through the entire drafting process.
Transaction documentation and deal debriefs
Post-closing documentation, final price adjustment memos, and deal debrief notes. Dictate transaction summaries for internal records without sending completed deal details to cloud servers.
VoicePrivate vs. cloud dictation tools
The tools IB teams currently use for transcription all require cloud upload.
| What matters for IB | VoicePrivate | Otter.ai | Rev | Fireflies.ai | Whisper API |
|---|---|---|---|---|---|
| Audio stays on device | ✓ Always | ✗ Cloud | ✗ Cloud | ✗ Cloud | ✗ Cloud |
| MNPI never reaches vendor | ✓ | ✗ | ✗ | ✗ | ✗ |
| Works offline | ✓ | ✗ | ✗ | ✗ | ✗ |
| IB/M&A vocabulary | Built in | Custom only | Custom only | ✗ | Generic |
| Local audit log | ✓ SHA-256 | ✗ | ✗ | ✗ | ✗ |
| Windows support | ✓ | Web only | Web only | Web only | API only |
| Annual price per seat | $199/yr | $240/yr | Custom | $228/yr | Usage-based |
Competitor pricing based on publicly available information. Subject to change.
Works on Mac and Windows
Investment banks run Windows-heavy environments. VoicePrivate works on both platforms without requiring admin privileges or special network configuration.
Finance Edition pricing
Try free. No credit card required.
- Full IB/M&A vocabulary
- On-device processing
- Mac and Windows
- Works offline
- Unlimited dictation
- Full finance dictionary
- Custom vocabulary
- Local audit log
- 99 languages
- Priority support
- Unlimited dictation
- Full finance dictionary
- Custom vocabulary
- Local audit log
- Mac and Windows
- 2-5 floating seats
- Single billing account
- All annual features
- Team management