Choosing a Disclosure Management Solution: Four Key Criteria

Financial professionals know the quarterly drill of yet another period close all too well. That’s when the disclosure process - that time-consuming, manual, error-prone proposition - takes center stage.

We should broaden the conversation to include greater use cases of any repetitive/recurring reporting which marries narrative and numbers. Board Books, ESG reporting, CAFR, statutory reporting as well as quarterly and annual report disclosures to the US and Canadian regulatory bodies and support multilingual capabilities.

Regulatory bodies are transforming their requirements to embrace new technologies for machine readable content (e.g. iXBRL) to enable more timely and productive analysis which furthers the need for a disclosure management solution which can produce reports in the required format without jeopardizing the style and format of the document.