CoreFiling, the specialist electronic reporting joint venture of Business Wire and DecisionSoft, is pleased to announce the appointment of Sanjay Basu to the position of Managing Director, Consulting Services. Sanjay will be running CoreFiling's XBRL and e-filing consulting operation.
XBRL is the new standard for exchanging performance and financial reports electronically. CoreFiling was created because Business Wire and DecisionSoft recognize the opportunity that electronic reporting represents, given the rapid acceptance of XBRL globally.
Mr. Basu joins CoreFiling with more than 20 years' experience in financial services consulting and has held leadership roles in a number of organizations, including leading European consulting firms Atos Origin and Capgemini. He will build the New York-based CoreFiling consulting team. CoreFiling specializes in helping companies gain a competitive advantage in investor relations and improved financial reporting, such as the SEC Voluntary Filing Program.
Commenting on the appointment, London-based CEO, John Turner, said: "We are very pleased that Sanjay has decided to join us. He brings a unique set of strengths in financial services; and in addition to a great track record in consulting, his lengthy service with a number of key capital markets firms means that he is ideally placed to help our clients understand the advantages of our leading-edge technologies. We are, of course, delighted to be open for business in New York at a time when business reporting is a key concern for so many US corporations."