Business Objects, EDGAR Online, Inc., and Ipedo announced a joint XBRL-enhanced business intelligence (XBRL-BI) solution to enable organizations to more efficiently access financial information to drive faster, more accurate financial analysis and better business decisions. The XBRL-BI solution leverages BusinessObjects XI, EDGAR Online's I-Metrix suite of XBRL-based products and Ipedo XIP, a complete enterprise information integration platform.
Increasing volumes of complex financial information and regulatory requirements have created challenges for public organizations wanting to share company information with financial analysts and investors for reporting and analysis. Utilizing financial filings from EDGAR Online's I-Metrix Web Service and Ipedo's XIP integration platform, BusinessObjects XI allows research analysts, institutional investors, fund managers, regulators, and corporate officers to gain insight into market conditions directly from corporate filings, as they happen. The integrated XBRL-BI solution, based on the industry standard eXtensible Business Reporting Language (XBRL), combines financial domain knowledge with data integration best practices to deliver a pre-built data repository ready for financial analysis.
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