About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

idaciti Introduces Viewer to Support iXBRL Reporting Format

Subscribe to our newsletter

Jurisdictions around the world are beginning to adopt Inline XBRL (iXBRL), leading idaciti to bring Inline XBRL Viewer, a means of working with data from corporate reporting filings,  to market.

iXBRL combines human-readable disclosures (in HTML) and machine-readable data (in XBRL) in the same filing, creating a new digital reporting format. The format reduces the amount of time it takes for data to be made available – which with XBRL took up to 15 days – and increases the quality of the data, because no human beings are required to copy and paste the information. Emily Huang, founder and CEO of idaciti says: “It’s faster and less expensive.”

The company’s Inline XBRL Viewer is designed for regulators, auditors, corporate financial users, and investors. It enables users to more easily navigate XBRL data embedded in an HTML document, according to Huang, and is aimed at the US market, where beginning in June, large public companies will need to start filing in iXBRL to the Securities and Exchange Commission (SEC) for their 10-Qs and 10-Ks.

Other countries are adopting iXBRL too. Both the UK and South Africa require the reporting format for public and even private companies. The EU’s European Securities and Markets Authority (ESMA) is demanding that companies that are issuers start using iXBRL

in January 2020. In the EU, the standard is called the European Single Electronic Format. The format is also gaining traction in Asia.

“With iXBRL, data can flow directly into the ingestion system, and that makes the consumption so much easier for regulators, the investment community, and the corporations themselves,” says Huang. “The Inline XBRL Viewer is an interactive environment for analysis without much effort. With the viewer, when the filer sends a file to the SEC, minutes later, the data becomes available from the SEC website and the solution can make real-time analysis of the information right away, all in the browser.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

From AI Sprint to AI Live Testing – FCA Leads the Way

The UK Financial Conduct Authority (FCA) recently published its Proposal For AI Live Testing engagement paper outlining a 12-month pilot inside the regulator’s AI Lab. This is designed to enable firms with production-ready AI models to trial them in controlled live-market conditions, under close FCA technical and supervisory support, exploring output-driven validation, model-risk safeguards and...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...