Control and security
Most of us are familiar with file sharing sites, having used them in our personal lives.
These services allow users to create, store and share files in a cloud-based repository that syncs in real-time across all devices. Users have some control over who can access, share, download and edit files, but that’s mostly where the control starts and stops.
The benefits of a virtual data room (VDR) aren’t new to dealmakers. When it comes to promoting company interests, VDRs are an efficient, cost-effective and strategic way for buyers and sellers to not only cross the finish line, but to win.
A growing number of banks in Japan are moving to improve the efficiency of their operations by using artificial intelligence (AI). Recently, Mitsubishi UFJ Trust and Banking Corporation (MUTB) developed an AI solution that can import an enormous number of documents, including contracts, class action complaints and mutual fund prospectuses, and automatically extract only the information needed by clients. The bank will implement a system using this technology in 2019 that will allow it to reduce the time spent on a variety of internal operations by 5,000 hours annually.
For almost a decade, Dannie Combs’ day-to-day decisions had life-or-death implications. In his role with the United States Air Force, Combs managed cybersecurity operations and information risk activities for military and governmental organizations as a member of the North American Aerospace Defense Command, National Security Agency, Air Intelligence Agency, and more, participating in missions ranging from homeland defense to offensive operations around the world.
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.
Blockchain — often discussed, rarely defined — is nothing less than a game changer when it comes to regulatory disclosures. Its power stems from its disruptive ability to bring efficiencies to traditional, fragmented filing disclosure, among a wide variety of other uses. It can streamline operational processes, for instance, by improving the speed and quality of disclosures.
So what does it mean for companies trying to manage multiple layers of regulatory disclosures?
Let’s dive in.
What's one of the biggest risks facing public companies today?
Inertia.
When it comes to providing adequate disclosure of sustainability activities with business impact, it seems companies are not doing enough. And regulators and shareholders are increasingly holding their feet to the fire, demanding more.
Here’s news worth monitoring. Ohio lawmakers passed a handful of bills before heading into the 2018 summer break. One of those, Senate Bill 220, includes legal protection for companies that suffer a data breach, provided they had reasonable security controls in place when the incident occurred. Governor John Kasich signed the legislation in early August.