Donnelley Financial Solutions (DFIN) is a financial compliance company based in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

, Illinois, United States. The company provides

software as a service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike o ...

(SaaS) products, software-enabled services (SeS), print, and compliance services related to

US Securities and Exchange Commission The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market ma ...

regulations to companies in capital and investment markets. The company estimated 84% of 2018 revenue coming from the United States, 6% from Europe, 6% from Asia, 3% from Canada, and 1% from the rest of the world. , the company had a market capitalization of $512M.

History

Originally established in 1983 as the financial business unit of

RR Donnelley R.R. Donnelley is an American integrated communications company that provides marketing and business communications, commercial printing, and related services. Its corporate headquarters are located in Chicago, Illinois, United States. In 2007, R ...

, Donnelley Financial Solutions (DFIN) was spun off as an independent company in October 2016. In December 2018, DFIN acquired eBrevia, a provider of artificial intelligence-based data extraction and contract analytics software. In December 2021, DFIN acquired Guardum, a provider of data security and privacy software which has been integrated into its Venue virtual data room.

Business Segments

Global Capital Markets (GCM)

DFIN's Global Capital Markets business provides software and services to corporate and financial services clients. The company's ActiveDisclosure product is used by corporate clients to create and manage SEC filings, either on an ongoing basis or in preparation for an IPO. The Venue product provides virtual dataroom services to facilitate information sharing in M&A transactions, while the eBrevia product line (acquired in December 2018) provides AI-based contract analysis. The company also owns EDGAR Online, which provides the investment community online access to the data within SEC filings. The GCM segment made up 65% of DFIN's 2018 revenue.

Global Investment Markets (GIM)

DFIN's Global Investment Markets (GIM) business provides software and services to investment management businesses, including United States based

mutual fund A mutual fund is an investment fund that pools money from many investors to purchase Security (finance), securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in ...

hedge A hedge or hedgerow is a line of closely spaced (3 feet or closer) shrubs and sometimes trees, planted and trained to form a barrier or to mark the boundary of an area, such as between neighbouring properties. Hedges that are used to separate ...

and alternative investment funds, insurance companies and overseas investment structures for collective investments. The company also provides products to third-party service providers and custodians who support investment managers, and sells products and distribution services to broker networks and financial advisors. The company's products include FundSuiteArc, a cloud-based platform for assembling and managing information required by regulators, and Mediant, a software suite that allows brokers and financial advisors to monitor and manage shareholder communications. The GIM segment made up 35% of the company's 2018 revenue.

References

External links

* {{DEFAULTSORT:Donnelley Financial Solutions Donnelley Financial Solutions 2016 establishments in Illinois Companies based in Chicago Companies listed on the New York Stock Exchange Software companies established in 2016 Business services companies of the United States Corporate spin-offs