Published June, 2016

The CFA Institute published a study supporting structured data, naming the following benefits to investors:

  • Improves financial statement accuracy
  • Improves productivity
  • Increases opportunity for higher returns
  • Allows for better risk management
  • Empowers the analyst

The study goes on to note that other areas of corporate disclosures that are not currently tagged would be helpful to analysts if in tagged format, stating “Requiring this section [the MD&A] and other numeric data to be tagged would open up a trove of valuable data for all investors.”

CFA Institute study on Data and Technology: Transforming the Financial Information Landscape published June, 2016.