a r c h i t e c t s o f t r u s t e d o p e n d a t a e c o s y - - PowerPoint PPT Presentation
a r c h i t e c t s o f t r u s t e d o p e n d a t a e c o s y s t e m s about your speaker chair | Frankfurt Group Technical Workshop hosted by the ECB director | XBRL International Board of Directors member | IASB IFRS Taxonomy
chair | Frankfurt Group Technical Workshop hosted by the ECB director | XBRL International Board of Directors member | IASB IFRS Taxonomy Consultative Group ceo | Business Reporting – Advisory Group co-author | Interactive Data: Engineering the Information Value Chain co-author | IFAC&ISACA: Leveraging XBRL for internal reporting
ESMA | EIOPA | EBA | ECB | IASB SBR AU | SBR NL| Danish BA | SSM Malaysia | CIPC SA & XBRL SA
value of business data
Small and Medium Large Entities Analysts and Investors
Comparability Standardisation Accessibility Automation Standardisation Automation Reuse (1 Stop Shop) Reduction of burdens | Direct incentives | Innovative data services
data innovation
facilitate access to capital anticipate credit needs and prepare offers reduce compliance effort prefill reports to government facilitate access to vital information trade missions tax changes, govt grants promote increase analysts coverage of SMEs
foreign markets facilitate growth enable peers and partners search, M&A opportunities explore blue
create revenue
SME from data
valid combinations
$v1 = $v2 + $v3 $v1 ≥ $v2 ...business rules and error messages breakdowns and members data point groups legal acts business templates
§
all/logical combinations and general rules
$total = sum($components) $v1 = +/- $v2data storage data publication data exchange data validation and QA data validation and QA views (rendering) data sourcing reports preparation data analysis, reconciliation & clarification Internal consolidation and calculation
business information value chain
business
data model digital format
trusted open data ecosystems
Open data standards Open data methodologies Open data technologies Open data Open data identifiers Open data architectures
XBRL, SDMX, ISO20022 DPM, SMCube, SDMX-IM DLT/BLOCKCHAIN OpenAPI, open repositories UTI, UPI, LEI Non/financial
Regulations
Mobile acquisition / dissemination Social engagement Platform/Data/Software as a Service Agile distribution Granular data Dictionaries Unstructured and structured data Data standards interoperability
Data Modeler Collaborative environment for business data models development LITIX On-demand, easy-to-use data from API–driven agile platform
thank you michal.piechocki@br-ag.eu