Commercially Available Off The Shelf (COTS) Software

XBRL ANALYTICS:
Pre-Built XBRL-Ready BI Platform

Near-Real-Time Business Intelligence Platform for Analysis of XBRL Data

 

After collecting all the filers' business information in XBRL, organizations need to meet the growing demand for timely and accurate analysis and mining of these filings. 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. Furthermore, once the Taxonomy changes, further development needs to occur to process and report against the new XBRL instance documents.

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 and mobile BI technology). XBRL Analytics transforms, loads and then optimizes XBRL instance documents for further processing - sophisticated data mining, reporting and analysis.

XBRL Analytics comes out of the box with pre-built MicroStrategy reports, graphs and dashboards (including mobile versions) allowing for very quick deployments (usually in under 30 days). Further reports, graphs, dashboards, or mobile applications can be easily customized for specific organizational needs via the MicroStrategy stack. The XBRL Analytics platform enables a wide range of stakeholders worldwide to consume and examine comparable XBRL data quickly, easily and efficiently.

 

XBRL Analytics Diagram

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 between regulators, and in particular facilitates group-wide analysis as well as solvency calculations under an extended supervision framework.

XBRL Analytics: Introduction

XBRL Analytics: Demo

 

Features

  • Flexible and extendable Data Architecture which can load any XBRL instance document and can address any XBRL Business Intelligence requirement.
  • Taxonomy Agnostic platform - XBRL Analytics works with any Taxonomy and can analyze filings across organizations, industries and Taxonomies.
  • Pre-built reports, graphs and dashboards using MicroStrategy, enabling you to answer business questions quickly and effectively.
  • Easily customizable to add new data, reports, graphs or dashboards to meet evolving regulatory organizations' Business Intelligence needs.
  • Analyze your data anywhere with mobile reports and applications on your iPhone, iPad, or BlackBerry device.
  • Explore your data and knowledge-discover using MicroStrategy's built-in data mining capabilities.
  • Quick Deployment in weeks, not years, using pre-built structures, data migration processes and reporting objects tailored for analysis of organizations' XBRL financial filings.

 

Schedule a Live Demo with SQL Power

If you'd like to learn more about the XBRL Power Suite, contact us today to schedule a live demonstration.