On May 20, the SEC published a rule proposal: Investment Company Reporting Modernization, which would make certain changes to investment company reporting requirements including introducing new forms and retiring some old forms. The proposal, which will be out for a 60 day public comment period, would also require the reporting of information in structured data […more]
Items tagged with "financial services"
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]
Tuesday, October 12, 2010 – FIX Protocol Ltd. (FPL), Financial Products Markup Language (FpML), International Securities Association for Institutional Trade Communication (ISITC), Society for Worldwide Interbank Financial Telecommunication (SWIFT), XBRL (Extensible Business Reporting Language) US and Financial Information Services Division of SIIA (FISD), today published their updated Investment Roadmap. The roadmap’s purpose is to provide […more]