Previously, we've detailed the steps to prepare for a successful IPO listing. Another crucial success factor to a successful IPO is assembling the best working team. Within that working team, the financial printer plays a pivotal role in the production of prospectuses. To select the best financial printer, there are three key attributes to weigh. They are the financial printer’s IPO experience, confidentiality and translation capabilities.
Past success as an indicator of future success
The number of successful IPO listings that a financial printer has handled is a good indicator of the financial printer’s experience supporting IPOs. The more seasoned a financial printer is in handling different types of IPO transactions, the more likely it can cope with your IPO and the myriad of different circumstances that a dynamic business environment can deliver.
Having a litany of experience also suggests that the financial printer can work with others. As we have mentioned before, undertaking an IPO involves many different working parties and the ability to work seamlessly across functions is crucial. To maximize the likelihood of a successful IPO application, the financial printer you choose needs to be able to cater to the needs and wants of all involved parties.
Better safe than sorry
The second quality that you should consider when choosing a financial printer is the level of security and confidentiality that they deliver. A lot of material information relating to an IPO is consolidated by the financial printer, hence ensuring that your financial printer can maintain a high level of confidentiality is vital. You should seek out printers that are appropriately certified, such as those who possess the ISO27001, Certification of Information Security Management System.
Biliteracy and Trilingualism
Last but not least is the financial printer’s translation capability. This requirement has been increasingly more important in recent years. For prospectuses, English is no doubt imperative but due to the growing number of Chinese companies seeking listing in Hong Kong, Chinese has become more relevant than ever. Prompt and quality translation is critical so that information that's important for non-English speaking investors to evaluate the IPO offering.
One leading indicator of a financial printer’s translation capability is the number of in-house translators e as this often determines their capacity and ability to handle new projects. Another effective way to determine a printer’s translation skill is to request a translation glossary for a specific industry. This list of translated terms will display the printer’s experience relevant to the industry and quality of their work.
A good financial printer is integral to the successful listing of a company. It is important to assess each printer option keeping your IPO needs in mind.