How Will ChatGPT & AI Impact the Financial Industry?

When OpenAI launched ChatGPT, the AI-powered chatbot quickly gained attention from broad corners of the Internet. Everyone is wondering about the potential upsides or downsides of leveraging the tool in their industry.

Much of the buzz about ChatGPT is speculation because the technology is still new. However, it's not too early to consider the potential use cases and downsides of using ChatGPT for financial services.

There Are No Shortcuts with SEC’s New Pay Versus Performance Rule

The Securities and Exchange Commission’s (SEC) new Pay Versus Performance rule is broad and deep, including a highly technical regulation that demands close attention. Shortcuts are not an option.

Fortunately, the SEC has issued a helpful FAQ that answers a lot of the questions companies might have.

DFIN Reports Fourth Quarter and Full Year 2022 Results

DFIN’s Earnings Report Spotlights Software Transformation

Donnelley Financial Solutions’ 4Q22 and FY22 earnings, released this week, showcase our progress in becoming a software-centric company. We are on track to meet our goal of deriving 55% to 60% of total sales from software by 2026.

For the full year, we achieved record software solutions net sales of $279.6 million. Software solutions net sales were nearly 34% of our full-year net sales, up from 27% in 2021 and just 14% in 2016, the year we were spun off from our parent company. Amazing progress.

Taking a Closer Look at SEC Rule 16b-3

SEC rule changes are being introduced at a fast and furious pace. Consider this—the SEC has 59 proposed rules slated for 2023, with 29 of them due in the first half of the year. At this volume, processing the minutia of each rule and taking appropriate action will be a significant challenge for many companies.

But DFIN is here to help, starting with Rule 16b-3. Announced last month, this rule calls for the accelerated reporting of gifts of securities, either through a sale or other disposition.

"The Insider by DFIN" is a series of video interviews featuring the latest trends, topics and key perspectives on the global capital markets.

Join Ron Schneider, DFIN's Director of Corporate Governance Services, along with Jean Luther, Director of Compliance at Mediant Communications, for a special SEC Insider by DFIN.

What is the Financial Transparency Act?

A new act signed into law in late 2022 changes financial reporting for businesses and public agencies. So, what is the Financial Data Transparency Act of 2022?

In this SEC Insider, Heather Marshall, Senior Director, Executive Compensation & Board Advisory from WTW; and two executives from DFIN, Ron Schneider, Director, Corporate Governance Services, and Sean Lively, Group Product Manager for ActiveDisclosure, discuss the new SEC rules on Pay vs. Performance and how companies can prepare to address them.

Host Dana Barrett and these experts discuss how companies can use their own data to tell a compelling company story, and what steps are needed to prepare for 2023.

In this episode, we’ll examine:

The Risks of Dark Data Are Rising

Businesspeople have been so conditioned over the years to see the value in Big Data that they often overlook the risks lurking in all that rich information.

There’s a good reason for that: Big Data drives so much business activity today. It informs product development, marketing, recruitment and host of important business decisions. When fed into powerful analytics and AI systems, it can yield insights that make executives smarter and help a company innovate.

How We Helped an Innovative Biotech Company Drive SEC Filing Efficiencies.

Discover how DFIN helped Virax Biolabs, a newly public biotech company focused on the detection of immune responses to viral diseases, streamline their SEC filing process and boost productivity with ActiveDisclosure.