Compliance Newsflashes: The Dreyfus Corporation Chooses BCL Technologies’ SECPublisher to Automate SEC Filings, and more.
The Dreyfus Corporation, a subsidiary of Pittsburgh, Penn.-based Mellon Financial Corporation, has selected SECPublisher from BCL Technologies to improve its operating efficiency for Securities and Exchange Commission (SEC) required mutual fund filings.
One of the important functions at mutual fund companies such as Dreyfus is to periodically file fund registration statements and reports with the SEC. This information must be filed via the SEC's Electronic Data Gathering, Analysis and Retrieval System (EDGAR) system. This information is created in HTML format and directly updated on the SEC website. Based on BCL's patented PDF conversion technology, SECPublisher automates the conversion of Word/PDF documents and reports into the SEC EDGAR HTML format.
"This new business process and effective implementation of technology improves the quality and shareholder friendliness of disclosure documents while intelligently automating the process required for SEC filings," said Kamal Bhatia, First Vice President at Mellon Financial Corporation, in the press release.
BCL is offering a FREE trial of SECPublisher. E-mail your request for a free trial to [email protected] or by calling BCL at (408) 557-2080 to make arrangements to test this system with your documents.
--Protiviti and Tibco Introduce Integrated SOX Compliance Solution
Protiviti, a global internal audit and risk consulting firm, has partnered with Palo Alto, Calif.-based TIBCO Software to release an integrated Sarbanes-Oxley solution. The solution will combine Protiviti's SarbOx Portal Application with TIBCO's Staffware Process Suite in order to provide a framework to assist companies with documenting, testing, assessing and monitoring their internal controls after they achieve initial compliance with Section 404 of the Sarbanes-Oxley act of 2002.
"The risks associated with compliance mandates highlight the need for tighter systems integration across the client enterprise infrastructure," said Michael O'Donnell, managing director and head of Proviti's technology risk services practice, in the press release. "By leveraging the TIBCO Staffware Process Suite, Protiviti's governance experts now can offer clients a powerful process management solution and scalable software architecture, combined with a robust portal application for deep analysis and reporting necessary for ongoing SOX compliance."