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]
Items tagged with "project"
Opportunities for cost-cutting, reduction in time delays and streamlining of manual or outdated processes are more significant in reporting domains beyond SEC and FDIC reporting. Federal, state and local government agencies collect and report vast amounts of data, tracking expenditures on programs and monitoring their success. Data collected is reported back to the American public, […more]
Non-profit to recruit experts for large scale collaboration on usability of XBRL technology August 19, 2010 – XBRL US Labs, the research and development arm of XBRL US, the national consortium for XML business reporting standards, released the world’s first publicly available XBRL iPhone app, Brix, on the iTunes App Store earlier today. Brix delivers […more]
Project will advance XBRL taxonomy maintenance and publishing best practices WASHINGTON DC and NORWALK, CT, April 23 – XBRL US Labs, the research and development arm of XBRL US, and the Financial Accounting Foundation (FAF), the parent organization of the Financial Accounting Standards Board (FASB), have announced a three-year agreement for cooperative XBRL taxonomy research. […more]
Non-profit continues collaborative efforts, offers research fellowships, internships New York, April 16 — XBRL US Labs, the research and development arm of XBRL US, has initiated a research and development effort to bring XBRL apps to Apple’s popular iPhone and newly-released iPad mobile devices. According to Mark Bolgiano, XBRL US President and CEO, the purpose […more]
NEW YORK, Nov. 19 /PRNewswire/ — XBRL US today issued a Call for Research Partners to expand research and development projects already underway to develop taxonomies (digital dictionaries) for corporate actions, proxy and governance, and asset-backed securities. XBRL US is a nonprofit consortium for XML business reporting standards in the United States and developer of […more]