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XBRL Discussion Group

As XBRL becomes more recognised as a vitally important tool to reduce data costs and streamline communication in the financial services industry, the full opportunities need to be explored. To ensure a full and clear understanding by the financial services industry globally rather than just those countries where is has already been adopted, especially in light of the DTCC and SWIFT initiative.

Aingaran Pillai - Zaizi Ltd - London | 20/03/2013 | 930 views

Do you really know your risk exposure?

Part 2 - A new approach is needed In the first part of my series of blog posts, I have analysed how Master Data Management can help financial institutions to extract the information hidden as “unstructured data” in their legal agreements. In this part I will talk about how a new approach to enterprise content management (ECM) supports ... Tags: Security, Risk & regulation

Aingaran Pillai - Zaizi Ltd - London | 20/03/2013 | 1162 views

Do you really know your risk exposure?

Part 1 – From 'war room' to Master Data Management I want to start my blog with a series of posts that analyse how modern enterprise content management systems can help the Financial Service Industry to stay on top of its information 'War room' The 2008 credit crisis highlighted the importance of global financial institutions being able t... Tags: Security, Risk & regulation

Vishwanath Thanalapatti - Banking Technology Professional - Bangalore | 30/06/2011 | 4309 views

Truth in reporting: eXtended Business Reporting Language

Standards lead to best practices; standardization makes life simpler. Information Systems Audit and Control Association (ISACA), has pioneered and promoted standards and guidelines in the area of audit and controls for IT professionals. The white paper ’Leveraging XBRL for value in organizations’ (http://www.isaca.org/Knowledge-Center/ Tags: Retail banking

Gary Wright - BISS Research - London | 14/10/2010 | 3446 views

This is the start of something big

At the recent annual Corporate Action conference in New York this week the hot topic was the significant progress being made by the DTCC and SWIFT with XBRL to standardise Issuer data. The audience was made up of mainly Investment Management firms but with a good sprinkling of all the great and the good banks. It was remarkable how warmly the XBRL ... Tags: Post-trade & ops

Gerard Bermingham - Information Mosaic - New York | 19/05/2010 | 3780 views

DTCC corporate action standards

The release of the first set of draft ISO 20022 corporate action announcment by the DTCC is an excellent achievement for them and their partners SWIFT and XBRL US. The introduction of standard messaging when communicating from the issuer to the final beneficial owner will significantly reduce the interpretational risk on corporate actions and lead... Tags: Post-trade & ops