CHICAGO--(BUSINESS WIRE)--Donnelley Financial Solutions (NYSE: DFIN), a leading provider of risk and compliance solutions, today announced the adoption of Teridion’s Cloud WAN Service to support and enhance Donnelley Financial’s award-winning virtual data room, Venue®, for Mergers & Acquisitions. Teridion, a cloud-native networking company, will deliver high-performance, accelerated access to cloud-based content for Venue® users.
“We know that reducing time and increasing efficiency is top of mind for all our clients and especially our virtual data room users,” said Craig Clay, president of Global Capital Markets at Donnelley Financial Solutions. “Adopting Teridion’s intelligent cloud routing gives our clients the best internet performance from any location globally to complete the due diligence process.”
“Donnelley Financial is a leading provider of risk and compliance solutions, and we are pleased to work with them to enhance the speed and efficiency of their Venue® offering,” said Pejman Roshan, Teridion VP of Products and Marketing. “This use case is an excellent example of how Teridion brings business-grade performance and reliability for SaaS applications.”
Together with Teridion’s dynamic Internet route optimization, Venue® can offer clients speed and security. Donnelley Financial is the only provider that allows the user to confidently manage a transaction from start to finish, including artificial intelligence that brings unprecedented insight during diligence, to document collaboration, filing and distribution. Whether users are in the same room or around the globe, they can securely share and review sensitive information with deal-makers, investors and other controlled audiences. The adoption of Teridion takes this capability to another level, increasing speed and responsiveness for uploads and downloads, document viewing, navigation, and report access, all with security users can trust.
“As economies continue to grow and mature, so does the need for technological efficient due diligence processes and world-class cyber-security and data protection,” explained Jack Wilson, managing director, APAC head of sales at Donnelley Financial Solutions. “We anticipate the use of virtual data rooms will continue to grow rapidly across Asia-Pacific, driven by overall expansion of M&A and IPO activity in the region. The partnership with Teridion offers a unique advantage to the region's corporations and deal-makers.”
Visit Your Virtual Data Room to learn more about Venue®.
To see more on Teridion’s approach, check out How It Works.
About Donnelley Financial Solutions
With the right solutions in moments that matter, Donnelley Financial Solutions (NYSE: DFIN) delivers risk and compliance solutions that fuse deep industry experience, unparalleled service, and elegant technologies to provide our clients with insights that power their decisions and shape global markets. The company has 3,100 employees in 59 locations across 17 countries, serving thousands of clients globally. For more information about Donnelley Financial Solutions, visit www.dfsco.com.
Users depend on the Internet to deliver SaaS applications. The challenge is that the Internet is not designed to deliver these apps with the service level that users expect. Teridion’s public cloud-based Internet overlay network enables faster and more reliable SaaS applications by radically improving Internet performance up to 15x in some cases, anywhere in the world. The company is backed by leading venture investors including Jerusalem Venture Partners, Magma Venture Partners and Singtel Innov8, and is relied on by leading SaaS providers such as Atlassian, Box, Egnyte, Merrill Corp., and many others. Teridion is headquartered in San Francisco, with international offices in Petah Tikva, Israel. For more information, visit www.teridion.com or email firstname.lastname@example.org.
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 Donnelley Financial Solutions’ filings with the SEC. Donnelley Financial Solutions disclaims any obligation to update or revise any forward-looking statements.