XBRL: Four little letters to move you forward

As an active participant and leader in the XBRL discussion, here's a quick post for our followers to view the XBRL Global Adoption presentation for reference from July.

Click here.

Budgets don't grow with compliance regulations

As with any business, one thing always holds true:

Costs must continually be reduced without sacrificing results

That doesn’t mean that regulations and compliance rules will reduce, or deadlines extend. Smarter technology is needed to keep up.

Simply, can you currently:

Manage content for schedules of investments, financial statements, financial highlights notes, letters to shareholder?

Accelerate review, proofing and approval in a manageable and structured processes?

Pull financial data from your fund accounting systems?

Automatically replicate changes to the same data in all related documents?

Without covering the blocking and tackling, you leave your processes open to error and run the risk of budget overruns.

Budgets don't grow with compliance regulations

As with any business, one thing always holds true:

Costs must continually be reduced without sacrificing results

That doesn't mean that regulations and compliance rules will reduce, or deadlines extend. Smarter technology is needed to keep up.

Ask yourself, are we able to:

Manage content for schedules of investments, financial statements, financial highlights notes, letters to shareholder?



Accelerate review, proofing and approval in a manageable and structured processes?

Pull financial data from your fund accounting systems?

Automatically replicate changes to the same data in all related documents?

Without covering the blocking and tackling, you leave your processes open to error and run the risk of budget overruns.

Financial Reporting: There is a better mouse trap

Is there such a thing as a better mouse trap? If it catches a mouse, that’s good enough, right?

Not quite.

As the Financial Industry has morphed to keep up with online innovation and deliver better services to its customers, the internal financial reporting systems have severely lagged behind (think type-setting, not real-time data).

Having listened to the market, and clearly identified gaps in the process, we pulled together a team of financial pro’s and technologists to deliver what is sorely needed: a Web-based financial reporting tool that integrates the data with a customizable, rules-based workflow, and delivers direct PDF output at any point in the process to reduce costs and increase speed in producing the final, printed report.

As deadlines shorten and disclosure requirements change, how will you keep up?

Simply catching the mouse is no longer enough.