DICO selects SQL Power and UBmatrix for their XBRL Solution Implementation
Toronto, Ontario - June 30, 2009 - SQL Power Group Inc announced today that the Deposit Insurance Corporation of Ontario (DICO) has selected SQL Power and UBmatrix (an EDGAR Online company) for the implementation of DICO's XBRL Solution.
The Deposit Insurance Corporation of Ontario (DICO) is an Ontario Provincial Agency established under the Credit Unions and Caisses Populaires Act, 1994. DICO's role is to protect depositors of Ontario credit unions and caisses populaires from loss of their deposits. Deposit insurance is part of a comprehensive depositor protection program for all Ontario credit unions which is backed by provincial legislation. DICO helps keep Ontario's credit unions safe and sound by providing deposit insurance and regulating their activities.
DICO selected SQL Power and UBmatrix after a thorough competitive evaluation of product and service offerings from several other major software/consulting vendors. UBmatrix's world-renowned XBRL solutions along with SQL Power's Data Integration expertise and proven Productivity Tools (incl. XBRL Forms) were keys to choosing SQL Power and UBmatrix as the XBRL Solution Implementation Partners.
SQL Power Consulting Division is using SQL Power's state-of-the-art productivity tools to simplify and expedite the data analysis, data migration and implementation tasks including:
SQL Power and UBmatrix/EDGAR Online are looking forward to providing DICO with a state-of-the-art XBRL Solution that will automate the filings and provide real value to DICO and their filing entities.