Thomson Reuters has launched SECPlus Advanced with features to improve the workflow of financial reporting professionals. Built on the strength of its SECPlus SEC Filings research solution, SECPlus Advanced offers more precise search options, new filtering capabilities, faster results navigation, instant access to related documents, and a new filings comparison feature.
SECPlus Advanced is the newest addition to the SEC compliance product suite on Thomson Reuters Checkpoint. The enhanced product gives users additional search options, the ability to quickly filter results, focus search results on only certain sections of filings, and preview keyword matches within the context of sentences.
SECPlus Advanced also introduces a “redlining” feature so users can perform peer-to-peer or prior period filing disclosure comparisons.
Reporting professionals can also quickly search for specific reporting issues revealed in SEC correspondence, easily navigating to and from source filings and the entire string of correspondence between SEC staff and issuer, from initial letter to resolution.
“Corporations and professional firms have long relied on SECPlus to research SEC filings and primary source material that is integrated with Checkpoint expert editorial analysis on one platform,” said Salim Sunderji, managing director, Checkpoint, with the Thomson Reuters Tax & Accounting business. “The enhancements that we have introduced to SECPlus Advanced are designed to make the overall research process more efficient and precise for our customers, while also mitigating risk.”
SECPlus Advanced continues to include all the key features and capabilities of SECPlus, including the complete Edgar database of 16,000+ publicly traded companies, integration with other relevant Checkpoint materials, the “Create-a-Chart” feature for side-by-side comparisons of financial fundamentals, and timely articles on recent SEC filings disclosures of interest.
In addition, SECPlus Advanced leverages the look and feel of the original SECPlus solution, so users can quickly incorporate the new features into their existing research and reporting processes.