DFIN Recognized for Outstanding Software
Development and Innovative Market Response to the Tailored
Shareholder Reports Rule
CHICAGO, Oct. 30,
2024 /PRNewswire/ -- DFIN (NYSE: DFIN), a
leading risk and compliance company, today announced it has won the
2024 NOVA Award for Industry Innovation in Product Development,
presented by Nicsa, a global asset management trade association.
The award honors DFIN for the outstanding leadership, product
development, and innovative marketing approach it demonstrated in
response to the U.S. Securities and Exchange Commission's (SEC)
Tailored Shareholder Reports (TSR) ruling.
The SEC's TSR rule, which includes significant reforms to the
content and delivery of shareholder reports, was adopted to
simplify and standardize shareholder communications, highlighting
key information specifically for retail investors.
DFIN was among the first companies to address these changes by
developing its TSR solution in ArcReporting®, the industry's
leading financial close and reporting solution. ArcReporting
provides an automated solution that simplifies complex reporting
processes from data ingestion, validations, auditing to iXBRL
tagging, filing and digital print ready financial reports.
DFIN helps its investment management clients successfully
create, iXBRL-tag, and file TSRs on Form N-CSR in response to the
SEC's rule, keeping them informed, engaged, and compliant.
"We are incredibly honored to accept this innovation award from
Nicsa," said Tim Hargesheimer, Vice
President of Marketing for Global Investment Companies at DFIN.
"DFIN is excited to offer Arc Suite® to the marketplace and
execute on an unmatched, solution-focused campaign that
appeals to all customers in the channels
they prefer. This recognition reflects our dedication
to helping clients navigate complex regulations while
positioning them for continued success in an evolving market."
Learn more about ArcReporting and TSR here:
dfinsolutions.com/solutions/tailored-shareholder-reports.
About the Nicsa NOVA Awards
The Nicsa NOVA Awards
recognize outstanding contributions made by businesses, operations,
and technology leaders who exemplify leadership and innovation in
the asset management industry.
About DFIN
DFIN is a leading global provider of
innovative software and technology-enabled financial regulatory and
compliance solutions. We provide domain expertise, enterprise
software, and data analytics for every stage of our
customers' business and investment lifecycles. Markets
fluctuate, regulations evolve, technology advances, and through it
all, DFIN delivers confidence with the right solutions in moments
that matter. Learn about DFIN's end-to-end risk and compliance
solutions online at DFINsolutions.com, or you can also follow us on
X (formerly Twitter) @DFINSolutions or LinkedIn.
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SOURCE Donnelley Financial LLC
