Workiva and Business Wire Partner to Provide Issuers With a Seamless Solution for Preparing, Processing and Broadly Disseminating Regulatory Disclosure Information

Workiva, one of the leading providers of cloud solutions for improving productivity, accountability and insight into business data, announced a strategic partnership with Business Wire, the global leader in press release distribution and regulatory disclosure.

Workiva customers will soon be able to securely submit earnings press releases and other financial disclosures directly to Business Wire. This integration will improve efficiency in the public disclosure process.

“Workiva is proud to partner with Business Wire to help our customers reduce risk and save time,” said Matt Rizai, Chairman and CEO of Workiva. “The ability to securely transfer financial disclosures in press releases is extremely important to our customers.”

“This is a unique opportunity for our customers to streamline and enhance the earnings release process,” said Cathy Baron Tamraz, Chairman and CEO of Business Wire. “Our partnership with Workiva will provide mutual clients with direct access to Business Wire’s trusted and recognized disclosure services.”

This new functionality is expected to be available to customers in first quarter 2017. The two companies have also entered into a strategic sales partnership to become each other’s preferred partner for newswire and eXtensible Business Reporting Language (XBRL) services, respectively.

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Source: 
CommPro