Financial Data Providers
Financial Information Companies and XBRL
Through the adoption of XBRL, companies in the financial information industry can:
- Obtain company financial data in a standardised and predictable form.
- Significantly reduce costs by automating many aspects of the gathering and storage of financial data.
- Switch efforts from routine data gathering to analysis.
- Provide a faster, clearer, deeper and more accurate view of company financial performance.
- Produce richer and more usable products containing XBRL data.