SEC Mandates XBRL for Filings Data

New York - The Securities and Exchange Commission has ruled to mandate the use of eXtensible Business Reporting Language (XBRL) as an interactive data format for financial filings from all publicly traded US companies, to make it easier for financial analysts and researchers to analyze company financial information.

The requirement will be phased in over the next three years, starting with the largest public companies - defined as those with a market capitalization of more than $5 billion. The

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Back to basics: Taxonomies, lineage still stifle data efforts

Voice of the CDO: While data professionals are increasingly showing their value when it comes to analytics and AI adoption, their main job is still—crucially—getting a strong data foundation in place. That starts with taxonomies and lineage.

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