Profile: Donnelley Financial Solutions Inc (DFIN.N)
22 Apr 2019
Donnelley Financial Solutions, Inc. is a financial communications services company. The Company supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers. The Company provides content management, multi-channel content distribution, data management and analytics services, and collaborative workflow and business reporting tools. The Company operates in two business segments: United States and International. The United States segment consists of two reporting units: capital markets, investment markets and other.
The United States segment services capital market and investment market clients in the United States by delivering products and services that helps to create, manage and deliver financial communications to investors and regulators. It provides its capital market and investment market clients with communication tools and services to allow them to comply with their regulatory filings. It provides its clients with communications services to create, manage and deliver registration statements, prospectuses, proxies and other communications to regulators and investors. It also provides virtual data rooms to facilitate the deal management requirements of capital markets and mergers and acquisitions transactions, and provides data and analytics services that help professionals uncover intelligence from financial disclosure contained within public filings made with the Securities and Exchange Commission (SEC).
The International segment includes its operations in Asia, Europe, Latin America and Canada. Its international business is primarily focused on working with international capital markets clients on capital markets offerings and regulatory compliance related activities into or within the United States. It also provides services to international investment market clients to allow them to comply with SEC regulations.
The Company's business is diversified across a range of products and services that enable it to work with companies and their advisors at different points across the business lifecycle, including private companies, public companies and companies that have filed for bankruptcy. Its clientele is primarily focused in three areas: capital markets, investment markets, and it also provides clients with data and analytics services and products. It also supports public and private companies across the mergers and acquisitions transaction process, and in public and private capital markets transactions with deal management solutions focused on aiding transactional from inception to completion. It provides a range of products and services to help its global capital markets (GCM) clients comply with disclosure obligations, create, manage and deliver accurate and timely financial communications and manage public and private transaction processes. It also provides GCM clients with data and analytics services focused on uncovering intelligence from financial disclosures and offering distribution of company data and public filings. It also provides Electronic Data Gathering, Analysis and Retrieval (EDGAR) filing services. It also offers a cloud-based disclosure management system called ActiveDisclosure that allows its GCM clients to collaboratively create, review and distribute financial communication and regulatory compliance documents on their own systems.
The Company provides services for GCM clients across the course of public and private business transactions, including those transactions that are subject to the requirements of the Securities Act. It assists its clients with certain transaction-related EDGAR filing and print services (including registration statements, prospectuses, offering circulars, proxy statements and eXtensible Business Reporting Language (XBRL)-tagged filings), as well as with the technical aspects of the regulatory filing process. The Company offers Venue Virtual Data Room product, which is a cloud-based service that allows companies to organize, manage, distribute and track corporate governance, financing, legal and other documents in an online workspace accessible to internal and outside advisors alike. Its GCM clients use Venue Virtual Data Rooms for capital markets transactions, mergers and acquisition transactions, and other transactions to facilitate their document management and due diligence processes.
The Company provides products and services to clients operating in global investment markets (GIMs) within the United States and internationally, including the United States-based mutual funds, hedge and alternative investment funds, insurance companies and overseas investment structures for collective investments (similar to mutual funds in the United States). It also provides products to third party service providers and custodians supporting investment managers, and it sells products and distribution services to the broker networks and financial advisors that distribute and sell investment products. It services the variable annuity and variable life providers, and various funds use its software products to create reports, prospectuses, fact sheets and other marketing and disclosure documents for distribution or submission to investors and regulators. It offers its GIM clients a set of products and services, including its FundSuiteArc software platform. FundSuiteArc is a suite of online content management products, which enable its GIM clients to store and manage information in a self-service, central repository so that compliance and regulatory documents can be edited, assembled, accessed, translated, rendered and submitted to regulators.
The Company's Data and Analytics service also helps professionals uncover intelligence from financial disclosures, offering distribution of company data and public filings for equities, mutual funds and other publicly traded assets through Application Program Interfaces (APIs), online subscriptions and data licenses. It extracts company data in real time, verifies its accuracy, converts it to value-added formats, and stores the information and then provides clients access to the data through various delivery methods. It provides subscription-based desktop and Web tools for data analysis to access the data sets. EDGARPro enables investors, analysts, lawyers, auditors and corporate executives to access detailed company information, as-reported and standardized financial data, SEC filings, stock quotes and news. I-Metrix, a Microsoft Excel plugin, provides XBRL-tagged financial statement data through a Web interface for data downloads. It also offers include solutions for E-Prospectus, Investor Relations Websites, and XBRL data set creation and validation for use outside of SEC filings.
Donnelley Financial Solutions Inc
35 W Wacker Dr
CHICAGO IL 60601-1723