Diligent's History

Diligent Boardbooks^® was created to simplify the lives of Directors, General Counsels, Executives and Administrators by streamlining and simplifying the entire process of compiling, viewing and archiving board and committee materials.

The Boardbooks Development Timeline

The development of the Diligent Boardbooks product began in 2000 when SunAmerica Funds requested a solution to automate the management of its board meeting papers. The SunAmerica Funds instruction was simple:

• "Please help us build a web-based system to simplify and centralize the
  delivery of board materials."
• "It must be totally secure."
• "Most importantly, we need to keep it really simple and totally flexible."

SunAmerica Funds paid to have a working concept produced and, after using it and testing it, agreed to become a licensee of the first commercial version.

Boardbooks Testing & Establishing Its Client Base: 2002—2006

With SunAmerica Funds as an anchor user, Diligent Boardbooks was focused on helping industries which had to deal with the implications of the Sarbanes-Oxley Act and those companies whose board materials were extensive and time consuming to produce.

Serving Clients Worldwide: 2007 - Today

Diligent now operates in the most prestigious of all business categories and operates at the very highest levels of corporate life.

Many of the largest corporations in the world currently entrust their sensitive board materials to our tried, tested, secure and easy-to-use solution: Diligent Boardbooks, now in its third generation.

Diligent currently serves over 27,500 registered users worldwide.

The Diligent Way

The Boardbooks online board portal has streamlined and simplified the entire process of compiling, updating, distributing, reviewing and archiving board materials.

The Diligent way:

• Easy to use
• Instant online access to board books
• Always up-to-date

The Old Way

Previously, the compilation, management, distribution and reviewing of board meeting materials was a dreaded task for corporate counsel and directors alike. Production was time consuming, error-prone and overwhelming.

The old way:

• Manual printing
• Manual distribution of materials
• Managing multiple versions
• Stacks of materials