Donnelley Financial Solutions

Donnelley Financial Solutions (NYSE: DFIN) is a leading global provider of innovative software and technology-enabled financial regulatory and compliance solutions. Founded in 2016 after spinning off from R.R. Donnelley & Sons, DFIN is headquartered in Chicago, Illinois and has 30 offices worldwide. The company reported annual revenue of USD 797.2 million for the full year 2023.

DFIN offers a comprehensive suite of products and services to help public and private companies, mutual funds, and other regulated investment firms navigate complex regulatory frameworks and maintain compliance. Its key offerings include ActiveDisclosure for SEC regulatory filings, Venue virtual data room for M&A transactions, and ArcSuite for investment company reporting. The company's software solutions segment, which accounted for 36.7% of total revenue in 2023, has been a key driver of growth with products like Venue seeing 43% year-over-year growth in Q1 2024.

DFIN has been positioning itself to capitalize on new SEC regulations such as the Tailored Shareholder Reports rule, which is expected to generate USD 20-25 million in annual revenue by 2025. The company has also been focusing on transitioning to a more software and tech-enabled services-driven business model while strategically reducing its print and distribution revenue. With a strong balance sheet and disciplined capital allocation strategy, DFIN aims to further strengthen its position as a market leader in regulatory and compliance solutions.