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DFIN Wins Nicsa's 2024 NOVA Award for Industry Innovation in Product Development

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DFIN has been awarded the 2024 NOVA Award for Industry Innovation in Product Development by Nicsa for its exceptional response to the SEC's Tailored Shareholder Reports (TSR) rule. The company developed a TSR solution within ArcReporting®, their financial close and reporting platform, to address new SEC requirements aimed at simplifying shareholder communications for retail investors.

The solution helps investment management clients create, iXBRL-tag, and file TSRs on Form N-CSR, ensuring compliance with SEC regulations. ArcReporting offers automated processes for data ingestion, validations, auditing, iXBRL tagging, filing, and digital print-ready financial reports.

DFIN ha ricevuto il 2024 NOVA Award for Industry Innovation in Product Development da Nicsa per la sua eccezionale risposta alla normativa delle Relazioni Personalizzate per gli Azionisti (TSR) della SEC. L'azienda ha sviluppato una soluzione TSR all'interno di ArcReporting®, la loro piattaforma di chiusura finanziaria e reporting, per affrontare i nuovi requisiti della SEC finalizzati a semplificare le comunicazioni con gli azionisti per gli investitori al dettaglio.

La soluzione aiuta i clienti nella gestione degli investimenti a creare, contrassegnare in iXBRL e presentare le TSR sul modulo N-CSR, garantendo la conformità alle normative della SEC. ArcReporting offre processi automatizzati per l'ingestione dei dati, validazioni, audit, tagging iXBRL, presentazione e report finanziari pronti per la stampa digitale.

DFIN ha sido galardonada con el 2024 NOVA Award for Industry Innovation in Product Development por Nicsa por su excepcional respuesta a la norma de los Informes Personalizados para Accionistas (TSR) de la SEC. La empresa desarrolló una solución TSR dentro de ArcReporting®, su plataforma de cierre financiero e informes, para abordar los nuevos requisitos de la SEC destinados a simplificar las comunicaciones con los accionistas para los inversores minoristas.

La solución ayuda a los clientes de gestión de inversiones a crear, etiquetar en iXBRL y presentar las TSR en el Formulario N-CSR, asegurando el cumplimiento de las regulaciones de la SEC. ArcReporting ofrece procesos automatizados para la ingestión de datos, validaciones, auditorías, etiquetado iXBRL, presentación y informes financieros listos para impresión digital.

DFIN은 Nicsa로부터 2024 NOVA Award for Industry Innovation in Product Development를 수상하였습니다. 이는 SEC의 맞춤형 주주 보고서 (TSR) 규칙에 대한 뛰어난 대응 덕분입니다. 이 회사는 소매 투자자를 위한 주주 커뮤니케이션을 간소화하기 위한 SEC의 새로운 요구 사항을 해결하기 위해 재무 마감 및 보고 플랫폼인 ArcReporting® 내에 TSR 솔루션을 개발했습니다.

이 솔루션은 투자 관리 고객이 TSR을 작성하고, iXBRL 태그를 지정하며, N-CSR 양식에 TSR을 제출할 수 있도록 도와주며, SEC 규정을 준수하도록 보장합니다. ArcReporting은 데이터 수집, 검증, 감사, iXBRL 태깅, 제출 및 디지털 인쇄 준비가 된 재무 보고서에 대한 자동화된 프로세스를 제공합니다.

DFIN a reçu le 2024 NOVA Award for Industry Innovation in Product Development de Nicsa pour sa réponse exceptionnelle à la règle des Rapports Personnalisés pour Actionnaires (TSR) de la SEC. L'entreprise a développé une solution TSR dans le cadre de ArcReporting®, sa plateforme de clôture financière et de reporting, afin de répondre aux nouvelles exigences de la SEC visant à simplifier la communication avec les actionnaires pour les investisseurs de détail.

La solution aide les clients en gestion d'investissement à créer, taguer en iXBRL et soumettre les TSR sur le formulaire N-CSR, garantissant ainsi la conformité aux réglementations de la SEC. ArcReporting offre des processus automatisés pour l'ingestion des données, les validations, les audits, le tagging iXBRL, la soumission et des rapports financiers prêts à imprimer numériquement.

DFIN wurde von Nicsa mit dem 2024 NOVA Award for Industry Innovation in Product Development für ihre außergewöhnliche Reaktion auf die TSR-Regel der SEC ausgezeichnet. Das Unternehmen entwickelte eine TSR-Lösung innerhalb von ArcReporting®, ihrer Plattform für Finanzabschlüsse und Berichterstattung, um die neuen Anforderungen der SEC zu erfüllen, die darauf abzielen, die Kommunikation mit den Aktionären für Einzelanlageinvestoren zu vereinfachen.

Die Lösung hilft den Kunden im Investment-Management, TSRs zu erstellen, iXBRL zu kennzeichnen und auf dem Formular N-CSR einzureichen, um die Einhaltung der Vorschriften der SEC sicherzustellen. ArcReporting bietet automatisierte Prozesse für die Datenaufnahme, Validierungen, Prüfungen, iXBRL-Tagging, Einreichung und digitale druckfertige Finanzberichte.

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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.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dfin-wins-nicsas-2024-nova-award-for-industry-innovation-in-product-development-302291383.html

SOURCE Donnelley Financial LLC

FAQ

What award did DFIN (NYSE: DFIN) win from Nicsa in 2024?

DFIN won the 2024 NOVA Award for Industry Innovation in Product Development from Nicsa, recognizing their innovative response to the SEC's Tailored Shareholder Reports rule.

How does DFIN's ArcReporting handle Tailored Shareholder Reports?

ArcReporting provides an automated solution that handles data ingestion, validations, auditing, iXBRL tagging, filing, and creates digital print-ready financial reports for Tailored Shareholder Reports.

What is the purpose of DFIN's TSR solution in ArcReporting?

The TSR solution helps investment management clients create, iXBRL-tag, and file Tailored Shareholder Reports on Form N-CSR in compliance with new SEC regulations.

Why was DFIN recognized with the 2024 NOVA Award?

DFIN was recognized for its outstanding leadership, product development, and innovative marketing approach in response to the SEC's Tailored Shareholder Reports ruling.

Donnelley Financial Solutions, Inc.

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