Virtual Reality

Craig Clay, president of global capital markets at Donnelley Financial Solutions (DFIN), a Chicago-based financial compliance company, speaks with Acuris Capital Intelligence about virtual data rooms—one of their core products—post-COVID-19 as well as its partnership strategy.

Interview by Rachel Stone 

Q. What has changed in the M&A process during the pandemic? 

Pitch Perfect: Why a Powerful Brand Story Is Essential for IPO Success

Scott Pinkner has assisted with many IPOs over his career. As a managing director at DFIN, he and his team of experts have helped many firms navigate their transition from private to public companies.

The coronavirus pandemic has disrupted trading relationships worldwide – and as a consequence, enterprise contract review, negotiation and renegotiation of contracts are taking place on a massive scale. Donnelley Financial Solutions (DFIN) was invited to participate in an international conversation to address the challenges and opportunities of enterprise contract management during and beyond the COVID-19 pandemic.

Donnelley Financial could pursue more partnerships to grow tech offering, executive says

Donnelley Financial Solutions [NYSE:DFIN], a risk and compliance solutions company, could seek partnerships to further build out its technology offering, said Craig Clay, president of global capital markets.

The Chicago-based company could turn to partnerships rather than acquisitions as assets can be “pretty expensive,” Clay said. On its path to becoming a one-stop shop for transactions, it could, for instance, consider partnering with a market leader in US Food and Drug Administration (FDA) approvals, he added.

Anyone responsible for leading large-scale, organizational change, particularly involving new technology tools, is likely familiar with the multifaceted challenges and opportunities that emerge along the way. Surprisingly, the technical and organizational requirements for implementation can sometimes be easier than managing the earlier stages of gaining internal support and building momentum for the change.

The adoption of technology for M&A due diligence has already been on the rise since the pre-Covid times. The Covid-19 global pandemic has forced dealmakers globally to accelerate the adoption of technology such as drones, cloud-computing and AI to enable virtual due diligence. A growing number of M&A professionals understand and appreciate the benefits of technology for their transactions, and advanced technologies such as cloud-based solutions is now allowing 24/7 access to crucial deal documents from anywhere in the world.

Webinar Replay: A Recent Case Study of How AI improves Contract Analysis

In this webinar replay, you’ll gain insights from two leaders tasked with driving the adoption of AI-powered contract analytics in their global organizations: a British outsourcing giant and one of the 5 biggest law firms in the world.

Nigel Foster, a Programme Director with Capita plc, and David Wineman, a Product Manager in Legal Technology Innovation with Baker McKenzie, will describe how to gain internal support for new technology and ways to ensure the full value of these tools are realized.

The Sustainable Accounting Standards Board (SASB) and the Task force on Climate Related Financial Disclosure, (TCFD) are fast becoming the standard and framework for reporting Environmental, Social and Governance data to stakeholders including customers, employees, suppliers, communities and regulators.

Human capital resources, climate change and sustainability reporting are critical topics this year across a diverse group of stakeholders including investors, employees, customers, communities, and regulators.

eBrevia named to the "Best Of" National Law Journal 2021 for Contract Lifecycle Management

We are very excited to be included in the "Best of" lists from the National Law Journal in 2021! It's an honor to receive an award for Contract Lifecycle Management, as voted on by the lawyers and firm administrators who are day-to-day eBrevia users. Access the digital edition for the complete list of categories and to see "the businesses that stand out among their competitors in providing lawyers with the essentials they require to compete in today’s legal market." (source: National Law Journal). Click here.

New Rule 15 for Administration of EDGAR

On December 11, 2020, the Securities and Exchange Commission (the “SEC") adopted a new Rule 15 under Regulation S-T regarding the administration of the Electronic Data Gathering, Analysis, and Retrieval (“EDGAR") system.  Rule 15 was designed to promote the reliability and integrity of EDGAR submissions. 

The SEC has not yet provided full disclosure about the specific processes required to achieve these actions, but the new rule includes actions for the following items: