DAC works directly with tax-exempt bond issuers to obtain and file complete, accurate and timely information as contracted for in each Continuing Disclosure Agreement.
The DAC business solution improves the secondary disclosure process in three important ways. First, the DAC website is a state of the art Document Management System that allows for submitting and accessing information via a web browser. The advantages are accessibility, speed and an audit trail over the life of the bond. Second, the DAC solution incorporates reminders with a template for the upcoming filing. Users are supported with a second set of "eyes" from time of issuance and throughout the life of the bond, by identifying what is to be filed and when. Third, DAC maintains a receipt of all filings over the life of the bonds along with a copy of the document filed, to provide an audit trail of your ongoing compliance with disclosure obligations for each bond issue. Users are provided access to a database of filings that is secured and readily accessible in real-time from anywhere at anytime.