In DFIN’s just-released 2Q23 earnings results, software solutions achieved record quarterly net sales — increasing 5.7%, or 7.9% on an organic basis, compared to the year-ago quarter. It is notable that performance actually accelerated, with growth in both our recurring compliance and transactional software offerings exceeding the trend of the last several quarters.

Software solutions made up approximately 31% of total second quarter net sales, up approximately 4.4% year over year.

ChoiceOne Financial Inc., a major regional bank, was looking for a reliable software that would save time, ensure accuracy and eliminate concerns about missing SEC filing dates. See how DFIN helped ChoiceOne Financial Inc. improve reporting efficiencies by 20%.

The responsibility Boards must shoulder is on the rise. CFOs today go beyond the financials to bring the Board tech-focused strategies for long-term sustainable growth.

Learn about the areas that CFOs are making the greatest impact:

• Tech-Enabled Financial Analysis
• Predictive Risk Management & Mitigation
• GDPR & Data Protection Preservation
• Building an ESG Strategy

This week the SEC announced the adoption of final rules requiring the disclosure of material cybersecurity incidents on Form 8-K. It also calls for periodic disclosure of a registrant’s cybersecurity management, strategy, and governance in annual reports.

On Wednesday, May 3, the SEC adopted the final rules on the amendments to the Share Repurchase Disclosure Modernization, which require the disclosure of an issuer’s equity repurchase program and its share repurchases. The forms impacted by the amended disclosure require iXBRL tagging and include Forms 10-Q, 10-K, 20-F, N-CSR, and new Form F-SR.

The Financial Data Transparency Act (FDTA) was enacted on December 23, 2022 and directs certain regulatory agencies (including the SEC) to jointly issue proposed rules for public comment that establish new data reporting standards on format, searchability, and transparency within 18 months. The FDTA only changes how information is submitted; it does not contain any new disclosure requirements. The FDTA requires information to be made available in an open data format that allows for digital access and bulk downloads with no restrictions.

In his new SecurityInfoWatch article, Craig Clay discusses the exponential growth in cyberthreats and how a partnership between the CEO and CISO holds the key to defeating those threats. Working together, they can master two essential components of an effective cybersecurity strategy, data management and risk mitigation, to defend the company’s critical assets.

Leafly, a newly public company and online marketplace, was looking for an affordable, efficient financial reporting software that could streamline their filing process while ensuring accuracy. See how DFIN helped Leafly save 25% in software costs & several hours on SEC filings.

Village Farms, a controlled environment agriculture company, was in search of a tool that would increase team collaboration and streamline their SEC filing process. See how DFIN helped Village Farms boost collaboration and reduce their SEC filing time by 25%.

SEC Section 16 filings target a particular subsection of corporate stakeholders in the United States. Specifically, anyone who is considered a beneficial owner of a company must file these forms. Discover who needs to file, what the forms require and Section 16 filings solutions.