Bowne Files Form N-MFP on First Day of SEC's Test Filing Program
October 12 2010 - 3:15PM
Marketwired
Bowne & Co., Inc. (NYSE: BNE), a leading provider of
shareholder and marketing communications services, today announced
it has completed the first Form N-MFP test filing on behalf of
Invesco, a leading independent global investment manager that
provides a wide range of investment strategies and vehicles. The
filing is required under the SEC's latest money market disclosure
reforms beginning this December. Using its ArcFiling(SM) Solution,
Bowne test filed for two of Invesco's twelve money market funds on
October 7, 2010, two months before the live filing deadline.
Bowne's ArcFiling solution allows investment managers or their
service providers to meet the two primary components of the new SEC
regulations: a monthly report of fund holdings and the monthly
filing of Form N-MFP. ArcFiling is easy to deploy and greatly
reduces the effort and complexity associated with reviewing
security information, generating reports, completing the Form
N-MFP, and successfully filing with the SEC. More than 60% of U.S.
money market funds have selected ArcFiling to meet the Form N-MFP
requirements.
Bowne's ArcFiling Form N-MFP solution is unique in that it is
the only dedicated solution built specifically to address the
latest SEC money market reforms. ArcFiling is part of Bowne's new,
long-term and overarching solution for investment management funds,
FundSuiteArc(SM). FundSuiteArc is a web-based platform for the
creation, management, reporting and distribution of the full range
of fund disclosure documents including shareholder reports,
prospectuses, regulatory filings, web content and other fund
documents.
"The pace of regulatory reform presents increasing challenges
for the investment management industry," said Bill Penders,
President of Bowne. "Our goal with ArcFiling and Bowne's other
solutions is to equip investment managers and their service
providers with the tools they need to comply with regulatory
deadlines."
For further information on Bowne's solutions for investment
management regulatory compliance or to access thought leadership
materials conference, please visit: www.bowne.com/2a7
About Bowne & Co., Inc. Bowne &
Co., Inc. (NYSE: BNE) provides shareholder and marketing
communications services around the world. Dealmakers rely on Bowne
to handle critical transactional communications with speed and
accuracy. Compliance professionals turn to Bowne to prepare and
file regulatory and shareholder communications online and in print.
Investment managers and third party fund administrators count on
Bowne's integrated solutions to streamline their document processes
and produce high quality communications for their shareholders.
Marketers look to Bowne to create and distribute customized,
one-to-one communications on demand. With 2,700 employees in 50
offices around the globe, Bowne has met the ever-changing demands
of its clients for more than 230 years. For more information,
please visit www.bowne.com.
Investor Relations Contact: Bryan Berndt Treasurer
212-658-5817 bryan.berndt@bowne.com Media Contact: Pamela
Blum Director of Corporate Communications 212-658-5884
pamela.blum@bowne.com Bowne & Co., Inc. 55 Water Street New
York, NY 10041 (212) 924-5500 Fax: (212) 658-5871
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