IDEA Filing Agent

"After 75 years of document-based static financial reporting, whether in paper documents or in electronic equivalents, it is exciting to see the SEC poised to cross the 'data threshold' and help investors receive financial information that is dynamic, usable and ready to go as they make their investment decisions. And when the investor wins, so does the public company, fund, or other filer who simultaneously benefits from greater transparency and trust in our markets. By tapping the power of interactive data to tear down barriers to quick and meaningful investment information, markets can become fairer and more efficient while investors can possess far better quality data than was ever possible before." - David Blaszkowsky, Director of the SEC's Office of Interactive Disclosure.
Dec 4th 2008
Tags: XBRL, XBRL Utilities

Tools for Utilizing XBRL/IDEA Documents

In addition to the online prototypes mentioned earlier, XBRL.org links to a series of tools allowing investors, analysts, potential IDEA/XBRL Filers and enthusiasts to start working with data structured in XBRL.

In addition to the software based tools, XBRL members have provided brief descriptions of products and services. IDEA Filing Agent does not assume any responsibility for claims made in the  linked description pages.

  • Allocation Systems: DataXchanger
  • Clarity Systems FSR: “…a fully integrated XBRL solution that delivers SEC ready filings with mandated XBRL as a normal part of the closing process. Clarity FSR also provides a comprehensive solution to any organization’s external and internal business reporting requirements by automating the creation of the annual report, 10K, 10Q, board book, MD&A, AIF, plus any other statutory or regulatory filing…”
  • CompSci Resources offers a free online demo of its iA technology. iA (or Interactive Analysis) is a web-based portal  that allows users to search, view, and analyze any data compliant with the eXtensible Business Reporting Language (XBRL) standard.

Other products and services are out there, reviews to come.

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