Componentization and modular documents boost productivity in financial reporting.
Once a component such as a business summary or disclaimer has been created, it can be incorporated into multiple reports or profiles, avoiding the need to duplicate the content.
When a component is edited or corrected, it is updated at all the locations it appears in. This avoids the need to ‘align’ the element manually across multiple locations.
Allowing multiple users to work on the same document simultaneously reduces time-to-market. All members see the whole document updated in real time.
Components allow personalization of content according to customers’ preferences or status. The customization process can also be automatic.
Componentized research can be repackaged and sold to other firms.
The component base can also be ‘exposed’ via powerful APIs to create an RaaS - Research as a Service - model.