REDWOOD CITY, Calif. & NEW YORK--(BUSINESS WIRE)--Today, Box (NYSE:BOX), a leading modern content platform, and Ipreo, a
global leader in providing market intelligence, data, and technology
solutions, announced that Ipreo will leverage Box Platform to power its
Prism application, which is a holistic, cloud-based, CFO-Desktop that
equips private companies to manage regulatory requirements, securely
communicate with shareholders, efficiently execute capital raising and
liquidity events, and perform advanced analytics to drive better
business decisions.
With Box Platform powering the secure content layer in the application,
the Ipreo Prism app enables clients to:
-
Stay Compliant: As SEC focus on private companies intensifies,
Prism makes compliance seamless via auto-generated regulatory
disclosures and corporate governance workflow.
-
Meet Shareholder Demands: Prism enables the automated, secure
communication of documents and data on a permissioned, one-to-many
basis, which eases the burden of reporting and ensures that sensitive
information remains confidential.
-
Execute Capital Raising & Employee Liquidity Events: Prism
takes a shareholder-first approach that empowers a private company to
quickly access capital, as well as maintain a repeatable employee
liquidity program without sacrificing control of its capital structure.
-
Optimize Performance & Manage Cap Tables: Prism combines
proprietary benchmarks with cap table and valuation analytics to form
a holistic solution that equips companies with competitive insights
and decision-making tools unavailable anywhere else on the market.
“As private companies remain private longer and the line between public
and private markets continues to blur, data control, secure
communication, and one-to-many reporting are must-haves,” said Charlie
Young, EVP of Private Company Solutions at Ipreo. “As a leading
enterprise content management platform, Box is synonymous with security
and seamless workflow. That brand, plus the fact that thousands of the
world’s leading companies rely on Box for secure communication and
collaboration, make Box the perfect partner for Ipreo. We are excited to
deliver a disruptive solution, and know that the partnership with Box
will always keep Prism at the forefront of innovation.”
“Ipreo is disrupting financial services with technology as its
competitive advantage and we’re thrilled to be part of their innovation.
Prism is a digital experience that transforms how private companies
communicate with shareholders and raise capital,” said Jeetu Patel,
Chief Strategy Officer and SVP of Box Platform, Box. “In the digital
world, content is essential to almost every application. Box Platform
delivers the security and compliance, rich collaboration, and advanced
content management capabilities needed to deliver not only an amazing
experience for users, but to reduce development timelines and get
innovations to market faster.”
Box Platform is the set of underlying infrastructure and enterprise
content management technologies that powers Box. Through Box’s API and
developer tools, Box Platform enables partners and customers to leverage
FINRA compliance and powerful security and information rights management
solutions such as Box KeySafe, watermarking and data retention in their
applications targeting the financial services industry. Today Box
provides cloud content management and secure sharing of sensitive data
for some of the world’s largest banks, insurance companies, and
investment and advisory firms, including Nationwide Insurance,
Guaranteed Rate and Encore Capital. Introduced in fall 2015, Box
Platform powers custom applications, integrations and new digital
experiences in a variety of industries, including financial services,
healthcare and construction. To learn more about Box Platform visit https://www.box.com/platform.
Ipreo will demonstrate Prism at BoxWorks 2016 on September 8. To learn
more about BoxWorks and sign up for a pass to attend, please visit https://www.box.com/boxworks/.
For developers, Box is offering a BoxDev track at BoxWorks, focused on
enabling developers to build the next generation of enterprise
applications with Box.
About Box
Founded in 2005, Box (NYSE:BOX) is transforming the way people and
organizations work so they can achieve their greatest ambitions. As a
leading enterprise content management platform, Box helps more than
66,000 businesses, including General Electric, KKR & Co., P&G and The
GAP securely access and manage their critical information in the cloud.
Box is headquartered in Redwood City, CA, with offices across the United
States, Europe and Asia. To learn more about Box, visit www.box.com.
About Ipreo
Ipreo is a leading global provider of financial services technology,
data and analytics. We support all participants in the capital-raising
process including banks, public and private companies, institutional and
individual investors, as well as research, asset management and wealth
management firms. Our unique, cross-asset class solutions equip our
clients with the information and tools they need for more effective
decision-making and a more efficient workflow. Ipreo is private-equity
held by Blackstone and Goldman Sachs Merchant Banking Division, and has
more than 1000 employees serving clients in every major financial hub
around the world. Visit www.ipreo.com
for more info.