Friday, 06 September 2013 02:17 PM
Transaction Represents the First Major License of Award-Winning EDGAR Filing Software to a Multiple Reporting Entity Filing Agent
San Diego, CA, September 6, 2013 – (Accesswire) ─ SEC Connect, LLC, a full-service SEC filing agent, today announced that it has entered into a licensing agreement with a global financial printing company, representing one of the world’s largest financial printing groups. The license agreement provides the company’s clients with access to SEC Connect’s innovative, award-winning Disclosure, Collaboration and Filing (DCAF) system, which will be rebranded as part of the arrangement. The relationship was inaugurated with the onboarding of a Fortune 500 public company with over $5.0 billion in revenue and over 20 directors and officers.
“This particular licensee surveyed the market for self-filing EDGAR filing software, and considered developing its own, but determined instead to license SEC Connect’s DCAF filing system, as it concluded that DCAF was the most comprehensive, feature-rich and scalable self-filing software platform available for the most commonly filed SEC reports,” remarked Daniel W. Rumsey, the founder of SEC Connect and architect of DCAF. “We’re pleased that a financial printing company with such geographic reach and reputation selected DCAF – a decision that validates DCAF’s position as the leading EDGAR self-filing platform.” Mr. Rumsey concluded, “This licensing arrangement represents a significant step in our efforts to expose DCAF to a far greater universe of public companies, as well as their officers, directors and institutional investors, and is our first major step in our efforts to license DCAF to multiple reporting entity clients, such as EDGAR filing agents and law firms with numerous public company clients.”
About DCAF
The Disclosure, Collaboration and Filing (DCAF) system is an easy to use web-based filing platform designed by securities lawyers for securities lawyers, principal accounting officers and other reporting professionals responsible for SEC reporting and compliance. DCAF currently supports the filing of the most commonly filed documents with the Securities and Exchange Commission, including Form 8-K, Form 3, Form 4 and Form 5, Schedule 13D, Schedule 13G, Form D, Form 12b-25, and SEC correspondence. A feature-rich filing platform, DCAF allows for:
- Simplified on screen filing preparation, which includes the ability to upload user generated forms
- Active, intelligent database allowing easy drafting of forms requiring historical data, including Forms 3, 4 and 5
- On screen access to applicable rules and regulations
- Collaboration with other compliance professionals
- Conversion of filings, including exhibits, to SEC-compliant HTML
- Web-based test and live filing to EDGAR, including the ability to schedule a live filing in the future
- Real time filing distribution to designated individual filing recipients, as well as groups
- Convenient dashboard, allowing easy access to filing schedule, past and current filings, beneficial ownership reports, DCAF users, filing recipients, SEC notifications, among other features
Designed to address the needs and requirements of filing agents, law firms, public companies, reporting persons, institutional investors and others involved in the reporting process, DCAF truly lives up to the vision of SEC Connect's founder to simplify the reporting process for reporting professionals responsible for SEC compliance and reporting. DCAF is currently available for license on a subscription basis to individual reporting companies, law firms, filing agents and other involved in the SEC filing process.
About SEC Connect
SEC Connect is a full service, fixed-fee financial filing agent founded by San Diego-based securities attorney Daniel W. Rumsey. The firm employs individuals with substantial relevant experience in preparing EDGAR and XBRL filings, and representing public companies. The firm acts as the client's filing partner, adding value to a process that liberates clients from the traditional public company - EDGAR filing agency relationship. SEC Connect also offers its clients access to Proxy Connect, a simple, cost-effective way to post annual meeting materials to a secure, cookie-free website, in compliance with the SEC’s rules and regulations. Proxy Connect provides public company shareholders with the ability to conveniently access meeting materials online, in a customized co-branded environment where the focus is on the meeting.
Media Contact
Daniel W. Rumsey
SEC Connect, LLC
619.795.1034
[email protected]
SOURCE SEC Connect, LLC