Donnelley Financial Solutions
| Company type | Public |
|---|---|
| Industry | Financial compliance services, Software as a service |
| Founded | 1983 (as division), 2016 (independent company) |
| Headquarters | Chicago , United States |
Area served | United States, Europe, Asia, Canada, other international markets |
| Products | SaaS, software-enabled services, printing, compliance solutions |
| Revenue | (2018) |
| Parent | None |
Donnelley Financial Solutions (DFIN), based in Chicago, Illinois, specializes in financial compliance services. The company provides a combination of software as a service (SaaS), software-enabled services (SeS), printing, and compliance solutions tailored to meet the regulatory requirements set by the US Securities and Exchange Commission for clients in capital and investment markets.
In 2018, DFIN's revenue was predominantly generated within the United States, accounting for roughly 84%, while Europe and Asia each represented 6%, Canada contributed 3%, and other international markets made up 1%. By 2019, the firm's market value was estimated at $512 million.
History
Donnelley Financial Solutions originated in 1983 as a division of RR Donnelley focused on financial services. It became an independent entity following its spin-off in October 2016.
In December 2018, DFIN expanded its capabilities by acquiring eBrevia, a company specializing in AI-powered data extraction and contract analytics software.
Later, in December 2021, DFIN further enhanced its offerings through the acquisition of Guardum, a provider of data privacy and security software, which was incorporated into its Venue virtual data room platform.
Global Capital Markets (GCM)
The Global Capital Markets division delivers a suite of software and service solutions to corporate and financial clients. Its ActiveDisclosure tool facilitates the preparation and management of SEC filings for ongoing compliance or initial public offering readiness. Venue offers virtual data room services tailored for mergers and acquisitions activities. Additionally, eBrevia provides artificial intelligence-based contract analysis solutions. This segment also includes EDGAR Online, which supplies investment professionals with access to SEC filing information. In 2018, GCM represented 65% of DFIN’s total revenue.
Global Investment Markets (GIM)
Serving investment management organizations such as US mutual funds, hedge funds, insurance companies, and international collective investment schemes, the Global Investment Markets segment also supports third-party service providers, custodians, broker networks, and financial advisors. Key offerings include FundSuiteArc, a cloud-based platform designed for managing regulatory information, and Mediant, which assists brokers and advisors in handling shareholder communications. This segment accounted for 35% of the company’s revenue in 2018.