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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 at the time of closing a bond issue by a variety of indices.
The DAC business solution improves the secondary disclosure process in three important ways. First, the DAC website is a state of the art Document Mangement 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.
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