Finance Officials Press U.s. On Default Risk

BlackLine Systems Founder Therese Tucker Wins 2013 CEO World Award for Woman CEO of the Year

needs to take urgent action to address" the uncertainties created by the budget impasse. The IMF panel called on emerging economies, which have been key in recent years to global growth, to undertake the reforms they need to better withstand the adjustments that will come as central banks such as the Federal Reserve begin the process of withdrawing the economic support that has kept interest rates at ultralow levels. Emerging market economies benefited from investment flows as investors poured money into those nations during the period when rates were low in the U.S. and other major economies. But many of the emerging economies have been rocked in the past few months as the investment flows reversed as investors rushed for the exits following the Fed's signals in June that U.S. higher rates could be coming. Countries such as India and Indonesia have been among the hardest hit as their currencies and stock prices tumbled. In addition for the need for developing countries to improve their economic fundamentals to withstand the transition, the IMF called on the Fed and other major central banks to pursue interest-rate policies that are "carefully calibrated and clearly communicated." Critics have charged that the Fed has botched its communications strategy and left investors confused while Fed officials contend that the economy has not improved as expected, and because of that, it delayed an expected initial reduction in bond purchases at the September meeting. visit

15 on the 2012 list of the '50 Fastest' Women-Owned/Led Companies in North America, as reported in The Wall St. Journal. Tucker also was honored earlier this year with a '2013 Enterprising Women of the Year Award' from Enterprising Women magazine. BlackLine made the Deloitte Technology Fast 500 in 2013 for the fourth year in a row. In addition, BlackLine has made the Software 500 list of the world's "largest and best performing" software companies for the past three years and the prestigious Inc. 500/5000 for the past six years in a row, joining the ranks of such companies as Jamba Juice, Microsoft and Patagonia. In addition to strong revenue growth, the company has quadrupled its headcount in the past few years, adding jobs in the United States, London and Australia. Most recently, Therese and BlackLine were honored with a Patrick Soon-Shiong Innovation Award, recognizing the company for innovation stemming from the simple concept of leveraging technology to optimize and automate accounting processes to help companies save time, reduce costs and make life easier for those working in corporate accounting and finance departments. More than 30 judges from a broad spectrum of industry voices worldwide participated in the 2013 CEO World Awards selection process. About BlackLine Systems BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. With more than 85,000 users in over 100 countries, BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems. visit