CHICAGO, July 27, 2015 (GLOBE NEWSWIRE) -- R. R. Donnelley & Sons Company (Nasdaq:RRD) announced today that its RRD ActiveDisclosure cloud-based, financial disclosure management solution has completed a Service Organization Control (SOC) 2 Type II audit resulting in an unqualified opinion from Deloitte & Touche LLP that critical controls are in place and operating effectively to address security, availability and confidentiality of client information.
The RRD ActiveDisclosure solution allows pre-IPO and public companies of all sizes and vertical industries to collaborate on documents and to comply with disclosure requirements mandated by the Securities and Exchange Commission, and other regulatory agencies, by speeding up and simplifying the process of creating, managing, and submitting the required disclosure documentation.
“We are exceedingly pleased to have achieved this rigorous review of the RRD ActiveDisclosure solution,” said Craig Clay, Executive Vice President of Global Capital Markets at RR Donnelley. “This attestation was earned based on RR Donnelley’s existing internal controls, and reinforces the strength of our regulatory compliance solution.”
The SOC 2 report provides information that existing and potential customers of a service organization need to assess and address the risks associated with an outsourced service. The report provides assurance about the effectiveness of internal controls relevant to the system used by a service organization to process customers’ information.
“We’ve aligned our controls to the AICPA-defined criteria around security, availability and confidentiality. Since clients see us as a part of their process, this critical SOC 2 report gives our clients who use the tool the confidence that our existing controls can be relied upon and trusted,” Mr. Clay commented. “This achievement represents a real inflection point for our business. More clients are engaged with the RRD ActiveDisclosure tool than ever before, and we remain committed to providing them with the best and most secure experience possible.”
For more information about RRD ActiveDisclosure, please visit http://www.activedisclosure.com
About RR Donnelley
RR Donnelley (Nasdaq:RRD) helps organizations communicate more effectively by working to create, manage, produce, distribute and process content on behalf of our customers. The company assists customers in developing and executing multichannel communication strategies that engage audiences, reduce costs, drive revenues and increase compliance. RR Donnelley’s innovative technologies enhance digital and print communications to deliver integrated messages across multiple media to highly targeted audiences at optimal times for clients in virtually every private and public sector. Strategically located operations provide local service and responsiveness while leveraging the economic, geographic and technological advantages of a global organization.
Financial Services Group (FSG) offers information management, content assembly and print services to corporations and their investment banks and law firms as those corporations access the global capital markets; as well as customized communications solutions for investment management, banking, insurance and managed care companies. FSG also provides transactional print and business process outsourcing services, statement printing, direct mail and print management services through its operations in Europe, Asia and North America, and includes the RRD Global Outsourcing group.
For more information, and for RR Donnelley's Global Social Responsibility Report, visit the company's web site at http://www.rrdonnelley.com.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in RR Donnelley's filings with the SEC. RR Donnelley disclaims any obligation to update or revise any forward-looking statements.
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