From Craig Clay - CEO DFIN · · Karen Walker
“We are pushing security to the forefront with multi-factor authentication, watermarking, Type 2 SOC audits, born-in-the-cloud technology, anti-malware, encryption, and firewalls, making security a competitive advantage across all our products.”
On , Craig Clay, President of Global Capital Markets at DONNELLEY FINANCIAL SOLTNS, spoke about cybersecurity during Craig Clay - CEO DFIN on Karen Walker.
Craig Clay, President of Global Capital Markets at Donnelley Financial Solutions (DFIN), has discussed the company's transformation from a financial printing business into a technology and software provider. In interviews, Clay stated that DFIN's spin-out from RR Donnelley in 2016 allowed the company to accelerate investment in software products, including Active Disclosure, a cloud-based financial reporting tool, and Venue, a virtual data room with built-in AI analytics. He described the company's focus on recurring revenue and security, noting that DFIN has implemented multi-factor authentication, encryption, and Type 2 SOC audits across its products. Clay has commented on market trends, stating that SPACs "rescued Wall Street from the COVID doldrums of 2020" and that they have "democratized access to late-stage venture companies" for individual investors. He expressed support for SEC scrutiny of SPACs, calling it "great because it means that the SEC is legitimizing and bringing confidence and transparency." Regarding the workplace, Clay said DFIN is "permanent work from home" and emphasized the importance of empathy and connection in combating the "great resignation," stating that "people work for people" and want to "feel valued." He also described the COVID-19 crisis as a "defining moment" that confirmed DFIN's transformation had succeeded.