Information Builders Introduces Adapter for XBRL Documents.
PHILADELPHIA -- Information Builders, the enterprise business intelligence (BI) standard of choice for organizations around the world, today announced that the company has expanded the data integration capabilities of its WebFOCUS product through the addition of an XBRL adapter.
The XBRL
The U.S. Securities and Exchange Commission (SEC) presently has a voluntary program where companies can submit their financial results in XBRL format in addition to the required HTML or ASCII format. The new offering allows XBRL documents located on the SEC site to be accessed directly by WebFOCUS reports, ensuring that companies using this financial data are reporting against one version of the truth.
"XBRL brings technical standards to financial regulatory reporting," said Gerald Cohen, CEO of Information Builders. "As the industry continues to move toward real-time reporting of financial data, having tools like our XBRL Adapter will become increasingly critical for companies with limited resources looking for ways to be accurate, efficient, and compliant with their financial data."
About Information Builders
An industry innovator for more than 31 years, Information Builders is the leader in enterprise business intelligence and real-time Web reporting. The company's WebFOCUS product eI the industry's most secure and flexible eI is able to meet all the reporting needs of the extended enterprise, ranging from analysts to power users to the widest deployments for hundreds of thousands of users. Additionally, WebFOCUS' empowerment of organizations seeking to leverage all their data by accessing it all eI from legacy to data warehouse eI is unmatched.
Information Builders' award-winning technology has successfully provided quality software and superior services to more than 12,000 customers, including most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,600 people and has over 350 business partners. For more information visit www.informationbuilders.com.
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