TRW Enables Online SEC Filings

By Nick Wakeman, Staff Writer


JUNE 27 ? Companies that need to file documents with the Securities and Exchange Commission now can do so online and include graphics and hyperlinks, all thanks to recent upgrades to SEC's Electronic Data Gathering Analysis and Retrieval (Edgar) system by TRW Inc. of Cleveland.


The Web-based capability makes filing documents easier and faster, according to TRW. The new features enhance the presentation quality of the documents and more tightly integrate them with document editing tools.


Filers will be able to check administrative actions, such as submission status, and will be able to review and modify company data using the Internet. The new software also can use certificates for authentication and digital signatures.


The software can be downloaded for free at the SEC and Edgar Web sites.


TRW is modernizing Edgar as part of a three-year, $49 million contract awarded in 1998. TRW previously assumed operation of Edgar's public dissemination service, which provides subscribers with corporate filings as soon as the SEC receives them.


The transfer of the dissemination service to TRW resulted in a reduction of $234,000 in the annual subscription rate to just more than $44,000 a year.