Case Study: The country's oldest financial reporting company achieves $75M annual savings and rapid XBRL/HTML compliance with Aptara

Financial Reporting Company - Customer Case Study

Since 1792 this country’s oldest financial reporting company has handled regulatory filings and financial reporting for many of the world’s largest publicly traded firms. Faced with the digital publishing revolution and more than two centuries of accumulated documents, the company also had to comply with new regulatory formats (XBRL, HTML) driven by laws such as Dodd‑Frank and Sarbanes‑Oxley, requiring new expertise, faster turnaround, and a move away from costly, manual onshore production.

Aptara implemented a secure, 24/7 digital workflow—assembling a 1,600‑person team (including 1,000+ financial analysts and chartered accountants), building workflows for EDGAR, proxy, mutual fund, IPO and M&A documents, and delivering XBRL/HTML tagging, validation, SEC filing and mobile delivery with turnaround times as fast as 10 minutes. The program established an ISO 27001 co‑facility and best‑of‑breed CMS, and has made operations secure, nimble and cost‑effective: since 2002 the client has saved over $75M annually, cut facilities from 21 to 9, reduced onshore publishing staff by 65%, and now processes more than two million pages a year.