Business Case for Corporate Actions Automation
DTCC, SWIFT & XBRL US
Register to read the results of a business case advocating a transformation in the way corporate actions announcements are communicated in the United States, allowing investors to receive information on such corporate actions as mergers, dividends, stock splits and other events in a more timely, accurate and less costly way, directly as specified by the issuer or offeror.
Avoiding Common Errors in XBRL Creation
XBRL US, Inc.
This paper outlines common data quality problems that arise in creating XBRL financial statements and explains how to avoid them by following rules pertaining to the use of the XBRL US GAAP Taxonomy.
XBRL: Issuers and Investors Guide
XBRL US
With the SEC mandate for XBRL reporting that started this year, many public company financial executives are just getting started understanding what XBRL can do, how it works and how it can benefit analysts, investors and even themselves. Articles in this Guide seek to address some of these issues and provide food for thought on where XBRL will take public companies next.
Pacific Rim Technology Workshop Discussion Paper
XBRL US
This paper discusses state-of-the-art technology issues in XBRL development and maintenance with contributions from XBRL US members.
Corporate Actions 2009: Improving Issuer-Investor Communication
XBRL US and Depository Trust Clearing Corporation
The time has come for all players in the financial services industry to address the imbalance between the amount of information that is being created and the ability of the industry to effectively analyze and manage that information. Today we have the opportunity to begin to address this imbalance through the introduction of a technology called XBRL (eXtensible Business Reporting Language) that can help transform textual paper-driven information into tagged electronic data. XBRL can offer a real opportunity to address a securities process that has alternatively been declared the “holy grail” or the “wild west” of the financial services industry — corporate actions.
Bringing Transparency to the Mortgage Backed Securities Market
XBRL US and EDGAR Online
This white paper provides a detailed description of the complexities of the MBS marketplace and how the use of XBRL could make MBS information more transparent and functional, giving investors what they need to value the assets.
XBRL US Testimony to Domestic Policy Subcommittee, March 11, 2009
XBRL US
Mark Bolgiano, President and CEO, XBRL US, testified to the Domestic Policy Subcommittee of the Oversight and Government Reform Committee on the use of XBRL for valuing toxic assets and tracking TARP funds.
FFIEC Case Study: Improving Business Processing for Regulators
FFIEC
Describes the creation and results of a global data repository based on XBRL for bank institution call reports for the FDIC, OCC and Federal Reserve.
Using XBRL for Individual Investor Analysis
Microsoft Corporation
Business Challenge: Streamline the process and improve the quality of information provided direct to investors by public companies.
Solution: Format corporate data in Extensible Business Reporting Language (XBRL) and develop an online reporting system to automatically populate an investor-facing website.
Using XBRL for Analysis
Morgan Stanley
Business Challenge: Improve transparency, quality and accuracy of financial analysis through XML-tagged data.
Solution: Use company and internal analyst data formatted in Extensible Business Reporting Language (XBRL) for investor analytics.
Outsourcing
3M Company
Business Challenge: Create and use XML-tagged data to improve the transparency, data quality and integrity of public company-reported business and financial information.
Solution: Format public company information in Extensible Business Reporting Language (XBRL), using an outsourced service provider.
Using a Software Tool
Comcast Corporation
Business Challenge: Create and use XML-tagged data to improve the transparency, data quality and integrity of public company-reported business and financial information.
Solution: Format public company information in Extensible Business Reporting Language (XBRL), using a software tool in-house.