Pre-built, Near-Real-Time BI Technology for Mining XBRL Data

 

XBRL Analytics

Commercially Available Off-The-Shelf (COTS) Software

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XBRL Analytics bundles SQL Power's proven ETL technology and XBRL parsing approach with an embedded Business Intelligence (BI) stack from MicroStrategy (NASDAQ: MSTR, the global leader in BI technology, founded in 1989), XBRL Analytics transforms and then optimizes XBRL document data for sophisticated data mining, reporting and analysis.

Pre-built MicroStrategy reports, graphs and dashboards (including mobile versions) deliver value within an accelerated deployment window, and further reports, graphs, dashboards, or mobile applications can be easily customized for specific organizational needs via the MicroStrategy stack. XBRL Analytics enables a wide range of stakeholders worldwide to consume and examine comparable XBRL data quickly, easily and efficiently.

Maximum Disclosure and Transparency

Standardization of data content combined with XBRL Analytics will also enable intra and cross-sectored analysis and data mining for supervisory purposes. This will support regulatory processes for macro-prudential supervision such as benchmarking, identifying outliers, or peer rankings within an industry category or across market sectors.

Standardization of data content in XBRL Analytics also enables easy collaboration among other regulators, and in particular facilitates group-wide analysis as well as solvency calculations under an extended supervision framework.

 

 

Features

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• Flexible and extendable Data Warehouse model which can address any XBRL requirements
• Experienced Business Intelligence Team of XBRL-savvy professionals who can rapidly deliver results and provide ongoing support as needed
• Pre-defined reports, graphs and dashboards using MicroStrategy, enabling you to answer business questions quickly and effectively
• Easily customizable to add new data and new reports, graphs or dashboards to meet your needs
• Analyze your data anywhere with mobile reports and applications on your iPhone, iPad, or BlackBerry device
• Explore your data using MicroStrategy's built-in data mining capability
• Deployment in weeks, not years, using pre-built extraction and reporting tools tailored for organizations that use XBRL for financial filings

 

XBRL (Extensible Business Reporting Language) is quickly becoming the worldwide standard in financial reporting. It provides major benefits in the preparation, analysis and communication of business information. Use of XBRL offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data.

But after collecting all this XBRL data, organizations need to meet the demand for timely and accurate decision support data. Traditional, custom-built Data Warehouse solutions often take too long and cost too much to build, and do not contain the latest information required for timely decision-making.

 

 

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