Merrill Chooses Rivet's Crossfire as Custom Disclosure Management Software Agreement Creates Greater Footprint for Rivet's Crossfire product
DENVER, March 18, 2014 /PRNewswire/ -- Rivet Software, an industry leader in financial reporting technologies, announced today that Merrill Corporation has chosen Rivet's SaaS-based financial reporting platform, Crossfire, as their disclosure management solution for their current and future clients. This agreement will provide Merrill with a custom version of Crossfire, which will be integrated into their suite of financial disclosure solutions under the name Merrill Bridge™. It also allows Rivet to increase the number of Crossfire users in the financial reporting industry through Merrill's extensive customer base. Terms of the agreement were not disclosed.
"We are extremely pleased to announce the addition of this software to Merrill's suite of financial disclosure solutions," said Rod Johnson, Chief Operating Officer of Merrill Corporation. "Crossfire has proven itself in the marketplace, with capabilities that other SEC disclosure management software can't match. Combining this best-in-class software with Merrill's world-class EDGAR service, composition and XBRL consulting teams provides our customers with the premier suite of financial disclosure solutions available in the market today."
This agreement builds on a strategic plan outlined by Rivet's Chief Executive Officer, Madelaine Rohan, late last year to extend Rivet's leadership position in the Microsoft Office-based Document, Disclosure and SEC Compliance Management space. "We are very excited to work with a highly respected firm in the disclosure management services industry proving once again that our XBRL technology is the preferred solution in the compliance and reporting world," said Rohan. "We continue and will continue to build this company to deliver superior technology and that focus is what is bringing a lot of momentum back to Rivet."
About Rivet Software
Rivet Software provides financial reporting systems that improve the way companies create and consume financial information. Founded in 2003 by software and accounting industry veterans, Rivet's mission remains to revolutionize global financial communications by enabling financial transparency and leveraging global standards. Headquartered in Denver, Co., the firm employs the most experienced XBRL and financial reporting staff in the industry. Rivet was honored in 2011 and 2012 as an Inc. 500 company. www.rivetsoftware.com
About Merrill Corporation
Founded in 1968 and headquartered in St. Paul, Minn., Merrill Corporation www.merrillcorp.com is a leading provider of outsourced solutions for complex business communication and information management. Merrill's services include document and data management, litigation support, language translation services, fulfillment, imaging and printing. Merrill serves the corporate, legal, financial services, insurance and real estate markets. With more than 5,000 people in over 40 domestic and 22 international locations, Merrill empowers the communications of the world's leading organizations.
Rivet® is a registered trademark of Rivet Software. Microsoft® and its related Microsoft Office® suite products are the registered trademarks of Microsoft Corporation. Merrill Bridge™ is a trademark of Merrill Corporation.
SOURCE Rivet Software