R.R. Donnelley has developed a financial services application compatible with iPhones, called Socrates, that investors can use to make purchases. R.R. Donnelley plans to follow up on this with additional smart phone applications.
This builds on the RightProspectus application the firm developed to enable mutual fund and variable annuity companies to track the e-delivery and receipt of key investor communications, including prospectuses, reports, statements of additional information and supplements.