EDGAR Online, Business Objects Provide XBRL-Enabled Solutions

EDGAR® Online®, Inc. and Business Objects announced on Wednesday, June 2, the signing of a new technology partnership in which the companies will conduct joint sales, marketing and development activities.

The partnership provides an integrated solution enabling joint customers to easily and quickly obtain and use financial data. Customers of the new partnership will be able to access financial data in eXtensible Business Reporting Language (XBRL), a royalty free, open specification using XML-based data tags to describe financial data in business reports and databases.

EDGAR Online’s I-Metrix suite of SXBRL products enables financial analysts, auditors and investors to analyze financial statement data of all companies reporting financials to the Securities and Exchange Commission (SEC). The partnership agreement with Business Objects allows EDGAR Online to market its I-Metrix suite of XBRL products to the more than 30,000 customers worldwide of Business Objects.

“We are extremely pleased that Business Objects has chosen to work with EDGAR Online. The combination of Business Objects’ business intelligence platform and the EDGAR Online I Metrix suite of XBRL products will help our joint customers benefit from the access to standards-based corporate financial data,” says Susan Strausberg, EDGAR Online President and CEO.

Jon Dorrington, Business Objects’ vice president of alliances agrees, stating “The ability to access financial information is very important to our customers. The integration of our industry-leading BI platform with EDGAR Online’s I-Metrix suite will enable joint customers to more easily access and analyze their financial data to improve performance.”

You may like these other stories...

Continuing its efforts to simplify accounting procedures, the FASB has issued a proposed Accounting Standards Update on customer fees paid in a cloud computing arrangement. The newly-proposed update (Intangibles—...
How are you planning? What tools do you use (or fail to use) for forecasting? PlanGuru is a business budgeting, forecasting, and performance review software company based in White Plains, N.Y. AccountingWEB recently spoke...
Event Date: October 30, 2014, 2 pm ETMany Excel users have a love-hate relationship with workbook links. For the uninitiated, workbook links allow you to connect one Microsoft Excel spreadsheet to other spreadsheets, Word...

Already a member? log in here.

Upcoming CPE Webinars

Aug 26
This webcast will include discussions of recently issued, commonly-applicable Accounting Standards Updates for non-public, non-governmental entities.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.
Sep 9
In this session we'll discuss the types of technologies and their uses in a small accounting firm office.
Sep 11
This webcast will include discussions of commonly-applicable Clarified Auditing Standards for audits of non-public, non-governmental entities.