Fintech News

Certent Customers Set a New Standard for Reports Filed With the SEC

Certent Empowers Financial Reporting Centers of Excellence With Certent 365

Certent Disclosure Management’s new HD Reporting(SM) feature to provide investors with innovative and easier-to-read filings

Certent, a leading provider of software-as-a-service solutions for financial disclosure management and equity compensation, announced that the first wave of its customers have used Certent’s High Definition (HD) Reporting and become the first organizations to successfully file pixel-perfect, web-based reports with the SEC. These reports look and behave like paper reports, while also supporting the SEC’s inline XBRL regulatory requirements.

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Certent Disclosure Management is the first and only reporting platform with HD Reporting.  HD Reporting delivers the highest quality experience for viewing online regulatory and narrative reports. Filings created with Certent CDM preserve the original document layout while also ensuring regulatory filings are compatible with SEC EDGAR filings and inline XBRL standards.

“By delivering innovations like HD Reporting, Certent enables customers to deliver a higher standard of communication without the need to create additional reports,” says Jorge Martin, Certent’s Chief Executive Officer. “With the integration of this functionality directly into our Disclosure Management platform, our customers can eliminate the need for downstream publishing or post-processing, resulting in a higher quality document for a lower cost.”

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Brands Do Not Need to Compromise Communication Quality to meet Inline XBRL Standards

Certent empowers companies around the world in meeting an ever-growing array of internal and regulatory reporting mandates with speed and confidence. “Internationally, regulators are adopting inline XBRL. The focus has naturally shifted from the data behind the report to how it is presented and formatted. Our customers see not just the importance of the quality of the data but also the need for high quality, fixed-layout formatting,” explains Brett Alexander, Certent’s SVP Products, Disclosure Management. “HD Reporting means our customers do not have to compromise between regulatory requirements and high-quality documents.”

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