Dow Jones Expands Editorial Reach with WorldECR Acquisition
In a strategic move to enhance its offerings,
Dow Jones has officially acquired
WorldECR, a prominent provider of news and analysis in the realm of global export control and trade regulations. The acquisition signals Dow Jones's commitment to expanding its portfolio focused on specialized news and compliance data tailored for professionals across various sectors.
Established in 2011, WorldECR has carved a niche as a trusted source for compliance experts in corporations, law firms, government agencies, and financial institutions. Its flagship products include subscription-based publications such as WorldECR and Export Compliance Manager, along with a comprehensive collection of practitioner guides. The annual
WorldECR Forum, which convenes compliance professionals in London and Washington, D.C., is another cornerstone of its services, fostering dialogue on export control developments and trends.
According to Dow Jones officials, WorldECR will operate under its
Risk Compliance division, significantly enriching the company’s editorial capabilities and the suite of services available to customers navigating increasingly complex trade compliance landscapes. This acquisition comes in the wake of an impressive growth trajectory for Dow Jones Risk Compliance, which reported a 16% revenue increase to
$81 million in its latest quarterly earnings, showcasing the demand for high-quality compliance-related information.
Almar Latour, CEO of Dow Jones, emphasized the importance of the acquisition: "With the addition of WorldECR's authoritative journalism, we have made a significant step forward in our strategy to offer a comprehensive suite of news, data, analytics, and peer-to-peer learning that risk professionals need to make strategic business decisions."
WorldECR's editorial director,
Tom Blass, expressed excitement about the future collaboration. He noted that joining Dow Jones will enhance their capacity to deliver insights into the rapidly evolving domains of sanctions and export controls, essential for maintaining national security and economic stability. This partnership is poised to extend WorldECR’s reach and deepen its insights into trade regulations.
Dow Jones is not new to expanding its capabilities within the risk and compliance sector; earlier this year, it also acquired
A2i Systems, a leader in AI-driven fuel pricing solutions. Moreover, Dow Jones's increased stake in
Ripjar, a global data intelligence software provider, underscores its ambition to become a dominant source of information for compliance professionals.
The annual WorldECR Export Controls and Sanctions Forum is set to take place on
December 3-4, 2024, in London. This event promises to gather a global community of trade regulation professionals to discuss key topics in export control and compliance.
In conclusion, Dow Jones's acquisition of WorldECR not only enhances its editorial depth in critical compliance matters but also reinforces its commitment to delivering high-quality information essential for professionals facing the complexities of global trade regulations. The integration of WorldECR will further position Dow Jones as a leader in the burgeoning risk and compliance information sector.
For more details, visit
WorldECR Forum for registration and further information on future events.