BNY Mellon Depositary Receipts Will Take Part in Pilot Program Using XBRL for Corporate Actions

Program to Evaluate Straight-Through Processing Efficiencies, Shareholder Benefits using Depositary Receipts New York, NY September 20, 2011 – The Depository Trust & Clearing Corporation (DTCC), SWIFT and XBRL US have announced an expansion of the XBRL pilot program to research the costs and benefits of transforming corporate actions processing. BNY Mellon’s Depositary Receipts business will […more]

XBRL US Launches XBRL for Corporate Actions Taxonomy

XBRL US today announced that the Corporate Actions Taxonomy, which can be used to report corporate actions announcements and events, has been finalized and is available for use.The taxonomy is a collection of data tags that are aligned with elements of the ISO 20022 global corporate actions standard.It was developed as part of the Issuer […more]

XBRL Corporate Actions Data Tags Released to Public

Wide Range of Industry-Leading Companies to Review, Comment, Participate in Tagging “Test Runs” WASHINGTON, September 30,2010 /PRNewswire/ – XBRL US Labs, the research and development arm of XBRL US, announced today that it has completed the initial draft of a taxonomy, or digital dictionary of terms, to define corporate actions event information, and made it […more]

DTCC, SWIFT & XBRL US Unveil Business Case for Corporate Actions Automation

Joint business case makes three recommendations to greatly improve issuer to investor communication. NEW YORK, June 17 /PRNewswire/ — The Depository Trust & Clearing Corporation (DTCC), SWIFT and XBRL US today announced the results of a business case advocating a transformation in the way corporate actions announcements are communicated in the United States, allowing investors […more]

DTCC, SWIFT and XBRL US Launch U.S. Stakeholder Group as Part of Issuer to Investor: Corporate Actions Initiative

Hong Kong – Sibos – 16 September 2009 – The Depository Trust & Clearing Corporation (DTCC), SWIFT and XBRL US announced today the creation of a Stakeholder Group as a part of its Issuer to Investor: Corporate Actions initiative, which was launched in May 2009, to improve the processing of corporate actions data in the […more]

Corporate Actions 2009 Conference Reveals Need for Issuer Involvement

NEW YORK, June 1 /PRNewswire/ — XBRL US announced that one of the key findings at its May 28, 2009 conference on corporate actions was the need for public companies to understand the current process and to follow industry-accepted standards in how corporate actions data is created and distributed. The event was held in New […more]

DTCC, SWIFT and XBRL US Join Together on Plan to Improve Processing of Corporate Actions Announcements

NEW YORK, May 28 /PRNewswire/ — The Depository Trust & Clearing Corporation (DTCC), SWIFT and XBRL US announced today a plan to fundamentally change corporate actions announcement processing, bringing greater accuracy, reduced risks and costs, by improving transparency and communication between issuers and investors. The collaboration will promote straight-through-processing by electronically capturing data directly from […more]

Corporate Actions

Over 5.3M corporate actions were processed in 2015, according to The Depository Trust & Clearing Corporation (DTCC). Most announcements are processed manually, resulting in errors, time delays and unnecessary cost, negatively affecting investors across the financial community. Business Case for XBRL in Corporate Actions XBRL enables straight-through-processing by electronically capturing standardized data directly from issuers […more]

Founders Council

The visionary generosity of Founding Members enabled XBRL US to provide support for the development of the business reporting data standard at the very start of the organization. Today’s Founders Council are industry leaders representing business constituencies that continue to drive and realize benefits of adoption in multiple industries. AICPA The American Institute of CPAs […more]

National Conference 2011

Highlights of the 2011 National Conference included: Mike Starr, Deputy Chief Accountant for Policy Support and Market Monitoring, U.S. Securities and Exchange Commission keynote address Keynote address from Frank Brod, Chief Accounting Officer, Microsoft Corporation Practical, interactive sessions on complying with the SEC mandate – developing detailed footnote tags, managing assurance and validation, bringing XBRL […more]