A Revolution in SEC Reporting is here.

Dave Tucker

The WebFilings Solution

• Single Integrated Solution for SEC Reporting

• Collaborate on the Cloud and monitor your financial reports from period close to SEC filing

• Respond confidently to last-minute changes

• Collaborate, Monitor, Control

GeneralCounsel

OutsideCounsels

Accounting / Reporting Dept.

Controller

DisclosureCommittee

InvestorRelations

AuditCommittee

Auditors

CFO

CEO

Tax Advisors

Sub-certifiers

SEC ReportingDirector

Built on a Cloud Platform

Our Challenge

• We have some custom application code that cannot run in the Google AppEngine Environment

• Must have the same scalability characteristics

• We don’t have a large sys-admin staff (1 person) but need to manage large server arrays

Leveraging RightScale• Start with RightScale pre-

built script packages

• Tweak to include our application components

• Configure scaling parameters

• Production servers are now “disposable”

ApacheTomcat

Amazon ELB

Enabling Agility

• Before RightScale:– Update each machine

image manually

– Different OS bases and tweaks for different servers

– Lots of manual effort to update and redeploy images

• Now:– Check out new RightScale

Ubuntu image

– Tweak scripts for new image

– Rebuild and redeploy entire datacenter in under 12 hours

• Problem:– New security vulnerabilities published for underlying components– Need to respond quickly

Impact of Cloud for financial reporting teams

Buyer Considerations In-House Cloud-based

The Future of Software Delivery ✖ ✔Easy to Manage ✖ ✔Frequent and Seamless/Non-Disruptive & Upgrades ✖ ✔Rapid Innovation ✖ ✔Natively Designed for Universal Web-Access ✖ ✔Self Service and administration—less IT involvement ✖ ✔Uptime and Availability ✖ ✔Improved Security ✔ ✔Built-in Data Redundancy ✖ ✔

Thank You