DataTracks Announces New Client Acquisition For iXBRL Solution For CIPC Filing in South Africa

19 VIEWS

JOHANNESBURG–(BUSINESS WIRE)–#ArjunRam–DataTracks, the global leader in disclosure management and regulatory
compliance software and services, today announced that they have been
selected as the iXBRL solution provider of choice by Brandesign Group
(Pty) Ltd., a leading branding and investor communications agency in
South Africa. DataTracks’s Disclosure Management Solution (DMS) is
currently used by listed companies to file financial statements in
XBRL/iXBRL formats with the Securities and Exchange Commission (SEC) in
the US. DataTracks upgraded its DMS to include South Africa’s CIPC
taxonomy well before the upcoming mandate, wherein all qualifying
companies in South Africa are required to file their Annual Financial
Statements (AFS) in iXBRL. This compliance filing requirement is
effective from 1 July 2018.

With the ability to provide both a cloud software for self-use or fully
outsourced conversion services, DataTracks is gearing up for the
upcoming mandate, actively onboarding clients – both direct filers and
intermediaries.

One of the cornerstones of our business is collaboration and it was
with this in mind that we set about securing the services of a partner
in this space
,” said Sue Luck, Head of Investor Communications at
Brandesign
. “After extensive research, we selected DataTracks,
who, through their services, are enabling us to deliver market leading
XBRL and iXBRL services to our investor communications clients
,”
continued Mike Taberner, Director and Head of Strategy at Brandesign.

Backed by the expertise that comes with having generated 100,000+
XBRL/iXBRL reports to date, DataTracks is poised to provide a robust and
reliable solution for filers to comply with the upcoming iXBRL filing
requirements in July 2018,
” said Arjun Ram, Head of Business
Development for South Africa at DataTracks
. “We are delighted to
onboard Brandesign, the market leader in brand development in South
Africa, as our newest client
. This win reinforces our position as
the leading provider of solutions in the iXBRL reporting space.

About Brandesign

Brandesign Group (Pty) Ltd is a Cape Town-based advertising, branding
and investor communications agency. Founded in 2007, they are one of the
market leaders in the agency space and pride themselves on working with
the finest talent that the Cape has to offer. Brandesign is the trusted
communications partner to a number of the leading brands in South Africa.

More about Brandesign Group at: www.brandesign.co.za

About DataTracks

DataTracks is a global leader in disclosure management and regulatory
compliance software and services. Six of the top 10 accounting firms and
over 12,000 enterprises across global markets trust us with their data,
counting on our deep expertise to help them inform, decide and comply.
We enable enterprises across geographies to file reports compliant with
the standards of regulators like the SEC (the US), HMRC (the UK),
Revenue (Ireland), various EU regulatory authorities, ACRA (Singapore),
MCA (India), and CIPC (South Africa). To know why financial accounting
firms and enterprises world-over trust DataTracks, please visit www.datatracks.co.za,
www.datatracks.com
or www.datatracks.eu

For business enquiries in South Africa contact: +27-104469061, enquiry@datatracks.co.za

Website: www.datatracks.co.za

Contacts

DataTracks
Karthik Sathuragiri, President
+91-986034993
karthik@datatracks.com
or
Brandesign
Group (Pty) Ltd
Mike Taberner, Director
+27-216716365
mike@brandesign.co.za

Do you think you can beat this Sweet post?

If so, you may have what it takes to become a Sweetcode contributor... Learn More.


Discussion

Click on a tab to select how you'd like to leave your comment

Leave a Comment

Your email address will not be published. Required fields are marked *

Menu