Business and Information Technology Working Together for the Regulator Stephen Hord, Director of Product Development – UBmatrix

Slide 2 About Me – Steve Hord  Director Of Product Development – UBMatrix  12 + years in the Technology Industry  Adobe – Print Publishing and PDF teams  Online Travel Solutions Travelport -> Orbitz  XML and Rules Engines  2 + years at UBmatrix  Managed UBMatrix FFIEC Solution  Oversee Development of Solutions for Regulators

Slide 3 Most Recent eBay Purchase 1967 Moto Guzzi V7

Slide 4 Introduction The Goal of XBRL in the Regulatory Environment

Slide 5 The Goal of XBRL in the Regulatory Environment Easier and Faster Data Collection and Publishing  Electronic Forms and Documentation  Electronic Validation (Consistency Across Forms)  Offline Access to Presentation (Forms) and Pre- Validation of Aceptance Rules  Historic Reference (prior period data)

Slide 6 The Goal of XBRL in the Regulatory Environment Reduce Risk in Regulated Industries  Reduce reporting irregularities from human error  Consistent collection of data across industries and segments  Automated Analysis  Faster Data Publishing

Slide 7 How Do I Implement XBRL The Analyst and the Information Professional

Slide 8 How Do I Do It Today's Systems  Often Forms Driven (Maybe Paper)  Duplicated/Inconsistent Definitions Across Forms  Programmatic Validation Rule  Hard coded Collection Cycles Tomorrows Systems  Data Driven Collection  Validation Workflow Driven by the Data  XBRL Ensures Consistent Models  Re-use Data in Multiple Presentations

Slide 9 How Do I Do It Analysts focus on the content  Focus on the data not the forms  Separate data from presentation  Enforce consistency across your forms  Ensure comparability  Collect supporting data to ensure validity  Publish your rules - not your analysis  Private Rules for internal Use  Public Rules for Document Validation

Slide 10 How Do I Do It Analysts focus on the content  Create Reportability Rules  Encode your instructions in Business Rules  Reduce Respondent workload from reporting the wrong forms  If Assets < 100M

Slide 11 How Do I Do IT IT professionals focus on workflow/collection  Put flexible tools in the hands of the Business Analyst  Don’t require a programmer to change a form, presentation, or validation rule  Allow for new reporting segments without new code  Small banks report quarterly/Big banks monthly (or by rating etc)

Slide 12 How Do I Do It Information Architect  Put as much content into the message as possible - XBRL is the message  Enforce change control and versioning on the content – Taxonomies have a Development Life Cycle and Require Project Management  Design for Content Driven Workflow  Use Message Queue  Flexible Storage

Slide 13 Measure Your Success Key Attributes of a good XBRL System

Slide 14 Success Criteria Key Attributes of a Good XBRL System  Well Defined Content  Data Elements are defined, documented and Standardized  Business rules support Data Validation  If you have Forms they are part of the Taxonomy  Reporting Rules Driven Client Software  Automated Acceptance Workflow  Off-line Validation  Workflow Driven by the Contents

Slide 15 Success Criteria Cost savings to the analyst  Reduced busy work  Increased analyst productivity Cost savings to the IT dept  Faster data publishing  No retooling for new data/forms/rules Cost Savings to the Respondent  Real-time Acceptance and Validation

Slide 16 Wrap up  Separate the content of what you collect from the way you collect it  Analysts focus on the Content  Data model, Rules, Presentation  IT Professional focus on the Collection  Messages and Workflow

Slide 17 Taxonomy Banks FormBuilder QA XBRL Product Development Cycle Automated processes Quick checklist review Minimal verification Automated process Meet deadlines Focus on Enhancements Time: 1 Hour Release

Slide 18 Sample Taxonomy

Slide 19 Sample Form Presentation

Slide 20 Sample GUI HTML GUI file added into FormBuilder

Slide 21 Contact Information Mark Fahlsing Jack Henry & Associates (888) Steve Hord UBmatrix (425)