Yi Wang CTO, Data Services Ivy Li Director, Equity Data Collection

Slides:

Advertisements

Similar presentations

Summary XBRL Challenge Objective: Tools that rely on XBRL data, e.g., tool that extracts data for multi-company comparison via desktop application; or.

Advertisements

Interactive Financial eXchange XML Usage in Financial Services Mark Tiggas President, Interactive Financial eXchange Open Applications.

From Ontology Design to Deployment Semantic Application Development with TopBraid Holger Knublauch

CHORUS Implementation Webinar May 16, 2014 Mark Martin Assistant Director, Office of Scientific and Technical Information Office of Science U.S. Department.

Making Search Relevant SchemaLogic Gary Carlson Chief Taxonomist

Enabling traceability and transparency with standards-based regulatory reporting Dr. Said Tabet Senior Technologist and Industry Standards Strategist Office.

Solutions Overview Keith Maler Director, Interactive Services, XBRL Specialist Bowne Strategic Marketing

Taxmann’s XBRL Tool Purpose of XBRL Reporting  XBRL is a language for the electronic communication of business and financial data that has revolutionized.

1.3 The Global Accounting Digital Library Project: Present and Future: Role of Business Reporting Standards Eric E. Cohen

How XBRL Will Enhance the Credibility of Financial Statements Presented by Graham Ward President, IFAC.

Business Transformation Jo Jones Programme Manager e-Services.

XBRL Around the World XBRL Around the World A look beyond U.S. shores to put the SEC’s interactive data initiative in a global context By Karen Kernan.

DUNSRight and XBRL – Enhancing Transparency through a Common Commitment to Global Standards 13 th XBRL International Congress June, 2006 CONFIDENTIAL &

1 Neal Hannon XBRL Educational Resource Center At Bryant College XBRL Education Co-Chair Phone: Simplify Digital Information.

Improving Business Performance by using XBRL Mr. Christian Barrios Marchant Member of the Executive Board of SOFTWARE AG Responsible for Region South West.

McGraw-Hill/Irwin © 2013 The McGraw-Hill Companies, Inc., All Rights Reserved. Chapter 9 XBRL.

XBRL AND BANKING SUPERVISION José María Roldán Director General of Regulation, Banco de España Chair, XBRL España Chair, Committee of European Banking.

 Mark & Sons Future Technology Co. (hereafter, MSFT) is a $40 billion public company that provides high-technology products and services.  Currently,

Accounting Information Systems (ACCT 312) XBRL: eXtensible Business Reporting Language PowerPoint Presentations.

Product Offering Overview CONFIDENTIAL AND PROPRIETARY Copyright ©2004 Universal Business Matrix, LLC All Rights Reserved The duplication in printed or.

21 – 22 September 2006, Kuala Lumpur Savings Banks and Foundations, contribution for a sustainable society Laurel E Grossman, Chief Executive Officer,

XBRL is an XML-based (Extensible Markup Language) platform for the analysis, exchange, and reporting of financial information with the purpose.

Skip 2013 Inline XBRL vs. XBRL for Financial Reporting UWCISA Symposium on Information Integrity & IS Assurance - Toronto, Oct 3, Clinton E. White,

1 TOKYO STOCK EXCHANGE’s XBRL project AOSEF Market Data & Technology Collaboration Workshop 2007 Nov. Ver.1.0.

IPUMS to IHSN: Leveraging structured metadata for discovering multi-national census and survey data Wendy L. Thomas 4 th Conference of the European Survey.

XBRL Business Language. What is XBRL?  XBRL, or eXtensible Business Reporting Language  An extension of XML, or eXtensible Markup Language  The goal.

XBRL Voluntary Program on the EDGAR System April 2005 Brigitte Lippmann Attorney Division of Corporation Finance Jeffrey Naumann Enabling Technologies.

Connect. Transact. Profit. Lessons Learned: 5 Reasons Cloud is CFO Friendly.

A Case Study: Enhanced Banking Analytics

Clarity Systems Briefing to FEI CFIT Mark NashmanPresident & CTO ext. 407 Louis MatherneDirector, XBRL Services.

XBRL and Financial Reporting SLA - Investment Services Section and College & University Business Libraries (CUBL) Section June 5, 2007.

SEC Financial Reporting Issues NARUC Subcommittee on Accounting and Finance Jackson Hole, Wyoming October 8, 2007.

1 Japan FSA's XBRL Project - Launch of New Public Disclosure System with Mandatory XBRL - May 2008 Toshinori Kobayashi Financial Services Agency, The Japanese.

XBRL (Xtensible Business Reporting Language) is Coming: Are You Ready? Pertemuan 12 Matakuliah: F0122 – Seminar Akuntansi Tahun: 2009.

Changing the World of Financial Analysis Mark Schnitzer XBRL Analyst Supply Chain Chair.

1 Rapid Development of securities market brought by XBRL Taizo Nishimuro Chairman of the board TOKYO STOCK EXCHANGE, INC. 12th XBRL INTERNATIONAL CONFERENCE.

Accountancy Profession Adding Value With XBRL Barry Melancon, CPA President and CEO American Institute of Certified Public Accountants.

The Fourth Asian Roundtable on Corporate Governance The Recent Development of Corporate Governance in the Greater China Area Prof. Ruyin Hu Director of.

1 XBRL from the Analyst-Investor Perspective XBRL US Conference, October 15, 2008 Tom Larsen, CFA Harding Loevner Management CFA Institute XBRL Working.

National Workshop on ANSN Capacity Building IT modules OAP, Thailand 25 th – 27 th June 2013 KUNJEER Sameer B History of centralized ANSN website as well.

XBRL Tools Roadmap - Interstage XWand - Toshimitsu SUZUKI FUJITSU LIMITED.

Pros and Cons Comparison By Justin Bost Olivia Bischoff.

Track 8: Research on XBRL Interactive data and investor decision making Joanne Locke, Alan Lowe and Andy Lymer 1.

Taylor Hawes Controller – Global Platforms & Operations Microsoft Corporation SEC Voluntary Filing Program.

XBRL Application in China: Listed Companies Information Disclosure Using XBRL MA Donghao Assistant Chief Executive Officer Shenzhen Stock Exchange.

The information supply chain FDIC XBRL International Conference Mr. Inscoe.

Accipiens - Increase Business Performance with new Generation Solutions Vantyx Systems | Nuno Silva Implementing Business Solutions with a Local.

1 XBRL Pilot Project at BOJ May 2004 Yoshiaki Wada Bank Examination and Surveillance Department Bank of Japan © 2004 Bank of Japan.

XBRL Application in Listing Company Reporting In China Shanghai Stock Exchange Huang Hongbin

Nortel Confidential Information IP AUDIO CONFERENCE PHONE 2033 CUSTOMER OVERVIEW April 2005.

Copyright 2008 FUJITSU LIMITED Preparer Track: Getting Started - Tools for SEC Filing October 16 th, 2008 SAKAKIBARA Hiroaki Fujitsu Limited.

Analyst Meet August 27, 2002 “Living up to the promise” © 2002 Infosys Technologies Limited Challenges in the Asian market V. Sriram.

XBRL is for Everyone Aad Bergman Business Excellence Partners The Netherlands

XBRL ® Moving beyond static taxonomy management David Scott Stokes, Director Asia Pacific

Contemporary Issues in Business Ethics and Corporate Governance Chapter XII.

ING XBRL Proof of Concept July 19, ©2005 page 2. Utilizing XBRL  ING Objectives  Benefits  Goals  Proof of Concept Plan  Stat  USGAAP  Pain.

XBRL – Preparer’s Viewpoint John Stantial Director of Financial Reporting United Technologies Corporation.

Tagged Data Initiative (XBRL) Brigitte Lippmann Attorney Division of Corporation Finance Eric J. Schuppenhauer Senior Advisor to the Chief Accountant Office.

Accurate  Consistent  Compliant Contact: i4i the structured content company the structured content company.

5/29/2001Y. D. Wu & M. Liu1 Content Management for Digital Library May 29, 2001.

IS 356 IT for Financial Services

XBRL Voluntary Program on the EDGAR System

Execupay User Conference

ROBUST RELIABLE DYNAMIC EQUITY RESEARCH PLATFORM

Our Client: Global Investment Bank -with over 700 offices in 28 countries Net revenues were $19.1 billion, and profits $3.0 billion ( 2002)

Say it in XBRL & the World will Listen

Financial Data Management

XBRL Financial Statement Case Study

Financial Statement Analysis

UNIVERSITY OF MYSORE, MANASAGANGOTHRI. SUBMITTED BY: SUSHMITA R GOPINATH 1 ST YEAR Mcom “B ” TOPIC: ROLE OF XBRL IN BUSINESS REPORTING SUBMITTED TO: SIR.

Presentation transcript:

Yi Wang CTO, Data Services Ivy Li Director, Equity Data Collection XBRL at Morningstar Yi Wang CTO, Data Services Ivy Li Director, Equity Data Collection

About Morningstar Founded in 1984 Provider of investment research information Office in 22 countries 2500 employees globally Core competence: Research, Design and Technology Morningstar in Asia Back offices in China, India and Thailand Joint venture in Japan, Korea Hong Kong, Taiwan and Singapore

Overview – Our Experience XML based data infrastructure Adoption of XML in Morningstar.com since early 1998 Company-wide adoption since 2002 XML driven report generation engine XML data packages Early participant in ICI working group Processing XBRL for both fund and equity Providing software using XBRL data 10K Wizard Other products Benefits we experienced in XBRL/XML Accuracy Ability to provide flexible presentations to data Flexibility in supporting proprietary data extensions Operational efficiency

Overview – Future Plans Expand coverage Corporate actions Global markets: China, Korea, Japan and many more Products & Services Alerting services Full incorporation of XBRL data in B2B data deliveries Incorporate methodologies, business rules, templates of data presentation, labeling and multiple language supports into various taxonomies The role we can play for XBRL

What we do with XBRL

What we do with XBRL Parsing US GAAP US Mutual Fund Risk & Return China: Shanghai Stock Exchange and Shenzhen Stock Exchange Japan: FSA, Tokyo Stock Exchange Korea: Kosdaq Analyzing Business rules to normalize parsed data Data analysts check data quality and consistency Client solutions Directly presenting the data at real-time with full text searching capability Power Morningstar products

Product XBRL Adoption: 10K Wizard Our initiative started when SEC began proposing initial specifications We database all tagged items, making them available for searching and alerting We incorporate all the XBRL into our search engine, making them fully searchable along with other text and meta data Technical development – in products: Incorporating content into our platform; Display and download of raw XBRL from filings LINK; Development of our own viewer, allowing viewing and downloading of XBRL in a more traditional financial statement format LINK; Technical development – under development: XBRL alerting Peer analysis tools as we get a larger critical mass of data from SEC Full incorporation of XBRL data in our B2B API Inclusion of other XBRL content; i.e., other countries and agencies

Challenges Data quality issues by filer Incorrect values XBRL formatting errors Differences between data in traditional text filing and XBRL filing Manual consolidation Keeping up with taxonomy revisions Changes to collection and storage system Maintain consistent history Different taxonomies around the world Balancing scalability and flexibility