WallStreetDocs and Compliance Xpressware LLP Launch First Completely Automated STP Solution for the Filing of Structured Product Offering Documents with the SEC
An end-to-end automated solution to create, convert into EDGAR format and file Form 424B2 and FWP documents with the SEC
Seattle, Washington--(Newsfile Corp. - September 9, 2015) - WallStreetDocs ("WSD"), the leading SaaS-based document automation, review and delivery solution for structured products and Compliance Xpressware LLP ("CX"), a software partnership that builds solutions for end-to-end SEC EDGAR conversion and filing, have launched the first completely automated straight-through processing ("STP") solution for the filing of structured product offering documents with the SEC.
The new WSD component, called WallStreetDocs EDGAR ("WSD EDGAR"), gives WSD users the option of replacing the current manual processes of conversion and SEC filing of Form 424B2s and FWPs. WSD clients are now able to create, edit, automatically convert, and submit SEC filings from within a single STP platform. The availability of instant SEC proofs and automated filing provides significant time and cost efficiencies.
"In line with our long-term commitment of streamlining the issuance process for issuers of structured products, we worked with CX to create a WSD module for the automatic filing of WSD generated documents with the SEC - these documents are highly structured and therefore lend themselves well to automation," said Mathias Strasser, the CEO and founder of WSD. "WSD EDGAR allowed us to take a significant step forward to realize our vision of providing issuers with a true STP solution."
Dr. Fuad Rahman, co-founder and managing partner of CX added, "We welcomed Mathias Strasser when he approached us to explore the possibility of adapting Xpressdocs to complete the WSD process. It has proven to be a perfect application for the adaption of Xpressdocs to complete the solution. "
WSD is a leading SaaS-based document automation company for structured products, OTC derivatives, ISDA and other legal and financial applications. For more information, please visit http://www.wallstreetdocs.com.
About Compliance Xpressware LLP
Compliance Xpressware LLP is a leading creator of regulatory and compliance software, including XBRL and EDGAR conversion and filing solutions and automated conversion applications for Structured Product documents. For more information, please visit http://www.cxware.com.
Dr. Fuad Rahman