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By Jack Doran [ 18/04/2007 ] Publishing Free Articles Zone articles is subject to our Publisher's Terms Of Service |
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Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC, NYSE: TOC) and leading provider of information and technology solutions to the worldwide financial community,announced the launch of Thomson BoardLink™, a secure online communications tool designed to streamline the task of communicating with geographically disparate board members, ease the difficulty of scheduling board and committee meetings, and securely distribute proprietary corporate information. In addition, Thomson BoardLink provides a rich reference library of third-party resources, including Sarbanes-Oxley and industry best practices as well as information from Thomson Financial data sources.
In the Sarbanes-Oxley era, boards of directors and the professionals who serve them are under increasing pressure to improve the governance processes of their companies. As a result, directors are being held more accountable for the actions of their company, and corporate secretaries must increasingly prioritize board communication and work harder to improve governance processes. A recent study completed by Thomson Financial indicates that corporate officers spend an average of 30 hours per month sending information to or interacting with the board.
Thomson BoardLink, a proprietary solution built by Thomson Financial, is designed to ease the burden on corporate secretaries while meeting the communication and information needs of directors. Combining a powerful secure online collaboration tool with seamless access to business and financial information, Thomson BoardLink addresses the needs for board members and corporate secretaries to communicate quickly and efficiently, while keeping sensitive corporate data secure.
"Effective corporate governance relies fundamentally on providing directors with relevant, timely, and independent information," said Greg Radner, senior vice president of Corporate Executive Services at Thomson Financial. "Thomson BoardLink gives corporate board members and officers the ability to better leverage electronic means for sharing secure information in order to manage their communications more effectively."
Using the BoardLink workflow tools, corporate secretaries can easily distribute relevant company information, real-time business information, and reference materials in a highly secure environment. BoardLink's valuable third-party information and best practices resources also help directors stay more informed and save them time and effort in board and committee work.
Thomson BoardLink features a number of unique capabilities designed specifically for corporate boards of directors and corporate secretaries.
For Corporate Secretaries, the service includes:
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