Thomson Reuters | Williams F1 Chooses Boardlink

14 Dec 2011

Williams F1 Chooses Boardlink

Williams F1, one of the world's legendary Formula One(TM) teams, has selected Thomson Reuters Governance, Risk & Compliance to provide BoardLink, a secure portal for the online exchange and execution of board business and information, to its board of directors.

Successfully managing a highly mobile board of directors is one of the biggest challenges facing a modern company, and ensuring that sensitive data and information is kept secure is a vital component of good corporate governance. BoardLink, which is available as part of the Thomson Reuters Accelus(TM) suite of products, helps organizations streamline the flow of information between companies and directors by offering an intuitive, secure work environment available via Web portal or iPad® app.

"Board members in highly competitive industries such as Formula One need to know that vital documents get to the right people with the greatest security possible, especially with increasingly tough governance requirements from regulators globally," said David Craig, president, Thomson Reuters Governance, Risk & Compliance. "We're delighted Williams F1 chose Thomson Reuters BoardLink, which enables company boards to operate more efficiently, allowing them to spend more time focused on the business."

Thomson Reuters is a proud sponsor of the Formula One team AT&T Williams and the long-standing partnership between Thomson Reuters and Williams F1 has proved to be a great success, both on track and off track. The two companies share many of the same qualities, including; teamwork, accuracy and reliability. In addition, as a highly mobile and dynamic team, the Williams F1 board relies on the speed and efficiency of information in order to remain at its most competitive.

"Being able to access critical information remotely and on the move, while also being assured of the security of the data, is essential to the Williams F1 board," comments Adam Parr, chairman, Williams F1. "With a simple, proven solution and the reassurance of world-class 24-hour support, using BoardLink to manage the distribution of information to our board will help us to continue to accelerate our business decisions while travelling to race locations around the world. Whether you chair a Formula One team or any other business, the needs are the same. We are always trying to do our job better, and BoardLink will help us to do that."