Workiva's Wdesk To Enhance Broadridge's Reporting Methods
Zacks Investment Research | Dec 23, 2018 08:56PM ET
Workiva (NYSE:WK) and Broadridge Financial Solutions, Inc. (NYSE:BR) recently entered into a strategic partnership to simplify financial reporting processes.
The integration of Workiva’s flagship cloud-based offering, Wdesk platform, with distribution and financial communications capabilities of Broadridge will provide investors’ with enhanced visibility into companies’ end-to-end financial metrics.
The integration will enable Wdesk users to send Securities and Exchange Commission (SEC) filings and other proxy statements securely to Broadridge, in turn improving shareholder communications. Notably, the integration is scheduled to be available in the first quarter of 2019.
Wdesk users are anticipated to benefit from robust printing, design and distribution capabilities of Lake Success, NY-based, Broadridge, a fintech company focused on investor communications.
We believe the partnership is in sync with Workiva’s efforts to strengthen its Wdesk offering, which is a notable third-party SEC filing platform. In fact, in the words of CEO of Workiva, Marty Vanderploeg, “Our partnership will help our customers improve security, save time and reduce risk in their SEC and shareholder reporting processes.”
What Investors Should Know?
Talking about the price performance, shares of Workiva have returned 51.3% year to date against the Original post
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.