Instant XBRL for Business Register Working Group Stphane Couleaud - - PowerPoint PPT Presentation

Instant XBRL for Business Register Working Group

Stéphane Couleaud stephane.couleaud@xedix.eu +33 6 59 14 00 79

XBRL Rome – March 2nd , 2011 – XBRE Working Group

 The XBRE workgroup agree on a common

platform to share every Register experience through

• A Unique Repository for Reports and Taxonomy
• Instances Rendering
• Business Intelligences reporting

 Initiating online collaboration on Taxonomy

extensions

XBRL Rome – March 2nd , 2011 – XBRE Working Group

 Free access for BR WKG activities  100% web platform  Request your User ID to Thomas VERDIN  Upload your own instances and taxonomy  Download/Show XBRL data uploaded by the

community through designed templates

 Design, export your own reports  Share your user experience to improve the

collaborative platform

XBRL Rome – March 2nd , 2011 – XBRE Working Group

“To maximize the business value they receive…firms must embed XBRL into their corporate performance management (CPM) and analytic systems. The use of XBRL for other performance reporting, performance data collection and analytics, and the development of additional XBRL taxonomies will have significant impact on data and information systems, including business intelligence and performance management platforms.”

XBRL Rome – March 2nd , 2011 – XBRE Working Group

Specify regulation Prepare Collect & share Analyze

Taxonomy Editing tools Develop, update or extend a Taxonomy

Transform text into XBRL Extend taxonomy Validate instance against taxonomy

Instances Editing tools Build a central repository with comparable XBRL data from multiple sources Instances Display solutions Build ad hoc reports transversal to taxonomy and instances DB storage XBRL Data mining solution

XBRL

XBRL connectors

XBRL Rome – March 2nd , 2011 – XBRE Working Group

Specify regulation Prepare Collect & share Analyze

Develop, update or extend a Taxonomy

Transform text into XBRL Extend taxonomy Validate instance against taxonomy

Build a central repository with comparable XBRL data from multiple sources Build ad hoc reports transversal to taxonomy and instances XBRL storage XBRL Data mining solution

XBRL

Taxonomy Editing tools

XBRL Rome – March 2nd , 2011 – XBRE Working Group

XBRL Rome – March 2nd , 2011 – XBRE Working Group

Key Stakeholder Objectives Challenges Xedix Answer Regulator

Improve control accuracy by collecting comparable and reliable data Update taxonomy

• n a regular basis,

Handle extensions proposed by issuers Ability to mutualize

• r merge taxonomy

extensions to enhance data comparability

IT Teams

Ensure systems comply with the latest regulation Update data model in a very short timeframe Keep impact on performances under control XBRL native storage enables instant taxonomy update as well as transversal queries across different taxonomy versions

Preparers

Prepare reporting documents in the appropriate recommended format Move from former unstructured report to XBRL, adapt internal systems

• utput to the new

reporting standards Keep XBRL in synch with former reference documents Connect any XBRL editing tool

Information Service providers

Propose differecianting services that make the data valuable (uptodate, local,…) Standardize as much data as possible Ensure data is reliable and uptodate Native XBRL query helps drill into local details of companies Keep track of the source document

Analysts

Provide the finest evaluation possible Compare with peers, locally and globally Challenge facts Run transversal queries across multiple national taxonomies Share comments

• n facts

Investors

Opptimize investment globally, get a comprehensive report Read and understand a report generated remotely under a specific regulation Adapt display and data rendering to the user profile

XBRL Rome – March 2nd , 2011 – XBRE Working Group

XBRL Rome – March 2nd , 2011 – XBRE Working Group

 Upload your own taxonomy

• Concepts
• Linkbase of any type
• Dimensions
• Are automatically configured

 Extend an existing taxonomy

• Re use all or part of an already declared taxonomy
• Facts sharing the same namespace are comparable
• Add custom role available from within the XBRL Query API

 Overwrite link base with your own  Connect third party taxonomy editing tools

• nline

XBRL Rome – March 2nd , 2011 – XBRE Working Group

 Taxonomy mutualization is at the source of data extended

comparability

 XBRL Taxonomy extension and overwriting capabilities are

available within XediX taxonomy manager

XBRL Rome – March 2nd , 2011 – XBRE Working Group

XBRL Rome – March 2nd , 2011 – XBRE Working Group



Connect XBRL editing solutions on line

• Edit locally and save into XediX

XBRL Rome – March 2nd , 2011 – XBRE Working Group

 The information listed in instances usually

come from unstructured documents maybe confirmed in others

 Add reference documents to instances

• Either with reference linkbases
• Or from unstructured documents to the XBRL instances

XBRL Rome – March 2nd , 2011 – XBRE Working Group

XBRL Rome – March 2nd , 2011 – XBRE Working Group



Real time iterative report design



End user focus

• Natural language search within facts available
• Select facts to search for and facts to display
• Set the display language
• Save the report as an excel spreadsheet



Personalize

• Save your reports
• Save your report template

XBRL Rome – March 2nd , 2011 – XBRE Working Group 

Filter on contexts using identifier, segment, period, scenario dimensions



Direct access to source documents



Prepare and reuse report template

XBRL Rome – March 2nd , 2011 – XBRE Working Group

XBRL Rome – March 2nd , 2011 – XBRE Working Group



Build your own portal

• Embedd XediX capabilities into your portal
• Propose differenciating data formating services



Leverage XediX XBRL user profile management



Empower business users with

• Reports personalization
• Display settings configuration
• Online comment sharing
• Collaborative analysis



XML / HTTP (web services soon) integration

• List of contexts available for sale
• List of facts available
• Pre configured reports
• List of fact values
• …

Content Descriptions Matchin g

• Ext. Libs

HTTP WebServices XML

XBRL application

Content Descriptions Matchin g

• Ext. Libs

HTTP WebServices XML Import Manager WebServices XML

XBRL Rome – March 2nd , 2011 – XBRE Working Group

The Remuneration des dirigeants Portal

http://www.remunerationsdesdirigeants.com/

• Gather data about public

companies top executives revenue

• In a manner that makes these

data comparable

• Leverage IROF taxonomy
• Propose custom comparison and

display services to end users, top 10, …

Instant XBRL

Stéphane Couleaud stephane.couleaud@xedix.eu +33 59 14 00 79

XBRL Rome – March 2nd , 2011 – XBRE Working Group

 Stéphane Couleaud

• VP Sales
• XediX
• stephane.couleaud@xedix.eu
• +33 6 59 14 00 79

 Antoine Bourdais

• Business Development
• Invoke
• abourdais@invoke.fr
• +33 6 08 70 92 66