Nasdaq Corporate Solutions, a business line of Nasdaq, Inc., is banking on the collective input from users of Drupal open-source web content management technology to empower its platform for IR websites.

Nasdaq IR websiteThe Drupal website claims there are more than one million users of its software which is “built on principles like collaboration, globalism, and innovation” and requires no licensing fees.

Thousands of companies, including 19 of the Fortune 50 such as GE, Johnson & Johnson and Comcast have websites using Drupal technology.

Mike Piispanen, VP and head of PR solutions at Nasdaq, explained that roughly 50 modules of its IR website platform have received input from Drupal experts. 

Mike PiispanenMike Piispanen

“The Drupal community will allow us to stay ahead of design and workflow features and give clients the ability to remain cutting edge,” Piispanen said.

Investors are still looking for the same type of information from companies such as SEC filings, corporate governance policies and quarterly results, but the coding necessary to make finding this intuitive on smartphones, tablets and desktops is complicated Piispanen explained.

“The end goal is to make the experience much easier for the investor,” Piispanen said.

Starting in 2017, the new modules will be incorporated into the existing user interface of Nasdaq IR Insight™, already used by more than 10,000.

Increased authentication and better controls on access to pre-disclosed content will be part of the upgraded services.

Nasdaq Corporate Solutions builds, hosts and maintains IR websites for more than 3,000 companies worldwide, including approximately 78 percent of the Nasdaq-100 Index and approximately 63 percent of the Fortune 500.