AMES, Iowa, Oct. 19, 2016 /PRNewswire/ -- Workiva (NYSE: WK), a leading provider of enterprise cloud solutions for improving productivity, accountability and insight in business data, today announced that Chartis has named Workiva a leader in its 2016 FinTech Quadrant™ for Data Integrity and Control.
Regulatory pressures and growing data volumes in the financial services sector are driving demand for higher-quality data and better analytical processes, according to Chartis. For these reasons, the London-based analyst firm now defines "data integrity and control" as its own category of technology solutions.
Chartis' category leaders have "demonstrated depth and breadth of functionality and technology, along with a clear strategy for sustainable profitable growth, matched with best-in-class solutions."
"We place data integrity and control at the forefront of our innovation because our customers need to trust their data from beginning to end," said Matt Rizai, Chairman and CEO of Workiva, which provides the Wdesk platform.
"The Wdesk platform controls and monitors business data with a single source," writes Chartis Research. "The platform is designed to enable enterprises to handle data relationships that are organic and constantly in flux."
Chartis describes Wdesk as "a cloud platform with capabilities to create and combine text in documents, workbooks, presentations, dashboards, and charts in one environment. Wdesk provides a central platform for users to store and sync data from ERP, consolidations, and financial planning and analytics, as well as non-financial systems. It allows reporting teams to transform that data into financial, management, and performance reports as well as regulatory disclosures."
Chartis analyzed 22 companies on 19 criteria, including governance, discovery, controls, audit, workflow, integration support, data insight, adaptability, customer satisfaction, market penetration, growth strategy, business model, multi-sector, and enterprise readiness.
The Chartis Data Integrity and Control Solutions in Financial Services 2016 report is available on the Workiva website at workiva.com/chartis
Chartis is the leading provider of research and analysis on the global market for risk technology and is part of Incisive Media which has market leading brands such as Risk and Waters Technology. Chartis' goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
Workiva (NYSE: WK) created Wdesk, a cloud-based productivity platform for enterprises to collect, link, report and analyze business data with control and accountability. Thousands of organizations, including over 65 percent of the Fortune 500®, use Wdesk. The platform's proprietary word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail. Wdesk helps mitigate enterprise risk, improve productivity and give users confidence to make decisions with real-time data. Workiva employs more than 1,200 people with offices in 16 cities. The company is headquartered in Ames, Iowa. For more information, visit workiva.com.
Claim not confirmed by FORTUNE or Time Inc. FORTUNE 500 is a registered trademark of Time Inc. and is used under license. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Workiva Inc.
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SOURCE Workiva Inc.