Evergreen Investments

The challenge With more than 330 investment professionals and $229 billion in assets under management (as of 3/31/03) for both individual and institutional investors, Evergreen is among America's 30 largest asset management companies, and one of the top 20 largest mutual fund families. In accordance with SEC regulations, Evergreen must publish numerous regulatory and financial reports. The process was labor-intensive, cumbersome, and costly.

The solution Data Communiqué standardized and streamlined Evergreen's entire reporting and publishing process. It helped Evergreen to reclassify and reprocess its data, as well as to improve its internal reporting procedures. Utilizing DocuBuilder-Plus, Data Communiqué's web-based content management and automated publishing system, Evergreen was able to automate its content management and publishing process. DocuBuilder-Plus allows Evergreen to easily assemble documents in-house without adding personnel or purchasing hardware.

The results For fact sheets, it now takes only one week to complete the entire production cycle. Before DocuBuilder-Plus, it took over 24 hours to load the data into a template, set up a document, generate the proof, and post it for review. Now, the same production loop takes from five-to-12 hours.

For regulatory documents SEC EDGAR compliance is available at any point in the DocuBuilder-Plus process at no extra charge. “Blackline proofs” are available on-line anytime, anywhere – and edits are converted into print-ready PDF proofs (portable document files). There are no unpredictable, costly “author's alterations,” changes are made in real-time, on-line, and typesetting and administrative costs have been reduced dramatically.