28/10/2024
FOR IMMEDIATE RELEASE
Black & Callow Forms Alliance with ScribeStar to Modernize Corporate Finance & Corporate Reporting Documentation
London, UK – October 28, 2024 – Black & Callow, the market-leading UK-based specialist in Corporate Reporting and Corporate Finance communications, today announces an alliance with ScribeStar, an innovative documentation and compliance platform for capital markets.
This partnership aims to enhance how companies, law firms and financial institutions prepare, manage, and deliver critical transaction documents for IPOs, Debt and Equity Capital Markets issues, M&A transactions and Corporate, ESG and Sustainability Reporting.
The alliance enables clients to combine ScribeStar's cutting-edge technology for legal and regulatory documentation drafting, verification and checklisting with Black & Callow’s around-the-clock in-house typesetting, design, print, mailing and digital solutions. By integrating these capabilities, the collaboration, promises greater efficiency and a smoother end-to-end workflow for these traditionally complex and time-consuming processes.
Key benefits of the Black & Callow and ScribeStar partnership include:
- Minimised deal disruption: The integration allows for more efficient preparation and production of public transactions and reports, from collaborative editing, verification and checklisting to project managing large scale typesetting changes, personalisation, printing and mailing. This reduces the risk of errors while enabling teams to work more efficiently across different locations.
- Maximised cost-efficiency: The alliance enables clients to mandate ScribeStar and Black & Callow via one agreement, with guaranteed competitive pricing and smooth transition across the value chain.
- Enhanced security: Robust data protection and encryption ensure all sensitive information remains secure throughout the documentation process.
Additional benefits include:
- Automated document creation: Clients can take advantage of ScribeStar's advanced technology for collaborative document drafting and compliance, bringing together their internal and external teams (including Black & Callow) into a secure workflow, cutting the time it takes to prepare capital markets documentation by up to 50%.
- Enhanced investor engagement: Capital markets clients can leverage Black & Callow’s integrated iRoadshow and IPO Research Online platforms, to which some 30,000 of the world’s leading investors have access, to reach a wider investment pool.
- Automated compliance and governance: ScribeStar’s automated verification process ensures the accuracy and integrity of material statements and supporting documentation, while protecting against potential misleading statements. Additionally, ScribeStar’s automated checklisting feature enables faster, more efficient filing production and ensures compliance with FCA and other regulatory standards, reducing turnaround times, mitigating risks, and minimizing the likelihood of costly errors or delays.
- Subject matter expertise, 24/7: Black & Callow continues to invest in its in-house, state-of-the-art typesetting platform and UK based team to offer around the clock, fast and accurate typesetting changes, personalisation, production and distribution for Corporate Finance deals alongside Best Practice content consultancy, design, layout and production for Corporate Reporting projects.
Tim Black, Joint Managing Director at Black & Callow, said:
"We’re delighted to partner with ScribeStar, a technology leader that shares our commitment to innovation and client service. This alliance allows us to deliver a more efficient, secure, and integrated solution for Corporate Reporting and Corporate Finance documentation."
Srinivas Suravarapu, CEO of ScribeStar, said:
“Navigating compliance and investor communications before and after a listing in a shifting regulatory landscape poses a significant challenge for companies. This partnership seeks to blend ScribeStar’s innovative technology with the expertise of Black & Callow, providing a comprehensive one-stop solution for corporates through advanced technology, data, and industry insights. This approach empowers companies to effectively adapt to evolving regulations and successfully tackle investor communication challenges.’
Damir Cimer, COO at ScribeStar, said:
"This partnership brings together the best of both worlds—advanced digital technology and industry-leading expertise. By integrating ScribeStar’s platform with Black & Callow’s services, we are delivering a unified solution that enhances the speed, accuracy, and security of capital markets processes, creating tangible value for our clients."
Chris Callow, Joint Managing Director at Black & Callow, added:
"Our partnership with ScribeStar reflects our commitment to innovation and client-focused solutions in an increasingly digital world. By combining our existing bespoke platform and expertise in Corporate Finance and Corporate Reporting with ScribeStar’s rigorous digital platform, we can offer clients a truly integrated service that makes shareholder and investor communications management faster, more secure, and more efficient."
The strategic alliance between Black & Callow and ScribeStar is set to reshape how capital market participants verify, prepare, manage, and deliver their regulatory documents. The two companies are excited to continue driving innovation and delivering high-quality solutions to clients worldwide.
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About Black & Callow
Black & Callow is a global leader in financial printing, design, typesetting, and regulatory document disclosure services. With over 60 years of experience, the company specializes in supporting high-profile IPOs, M&A, Capital Markets transactions and Corporate Reporting, offering unmatched expertise in ensuring regulatory compliance and document security.
About ScribeStar
ScribeStar is a digital platform transforming how companies, law firms, and financial professionals create, verify, and manage documents and compliance in capital markets. By automating key processes and utilizing structured data, ScribeStar streamlines capital markets transactions and corporate reporting, reducing time to market, enhancing the quality of disclosures, mitigating risks, and cutting administrative costs.
ScribeStar enables seamless collaboration among issuers, lawyers, and professional services providers, delivering a secure and efficient documentation workflow. It is a member of the London Stock Exchange Group’s Issuer Services Marketplace and is part of Barclays Eagle Labs and CMS equIP.
For more information, please contact:
Media Contact for Black & Callow
Tim Black
Joint Managing Director
Email: tim.black@blackandcallow.com
Phone: +44 (0)20 3794 1736
Media Contact for ScribeStar
Damir Cimer
COO
Email: damir.cimer@scribestar.com
Phone: +44 (0) 20 7070 2140
This press release is provided for informational purposes only and does not constitute any investment or legal advice.
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