In light of President Obama’s announcement of a new policy to voluntarily disclose White House visitor access records, I’m hoping to see the administration take more steps to expand the use of XML technology standards to aid in creating greater transparency and to create efficiencies for the agencies themselves.
In the aftermath of banking failures, subprime mortgages, and bailouts across multiple industry sectors, it is a good time to examine the strategies it will take to rebuild public trust in our government and in the world’s financial markets. I believe the answer depends both on what we can do and how we do it.
When President Obama appointed his new federal CIO, Vivek Kundra, last week, Kundra announced ambitious plans to “democratize” federal government data by making it accessible in open formats and in data feeds. His plan calls for the creation of a single point of access to all public federal information. The idea is to enable the data to be accessed by developers whose applications will open up federal data to the sunlight of millions of citizens by encouraging them to scrutinize how the Recovery Act’s dollars will be spent.
by Diane Mueller
How can you turn the U.S. SEC eXtensible Business Reporting Language (XBRL) mandate’s requirements into an opportunity when making process improvements to comply? Implement an XBRL-enhanced document management strategy as part of your internal corporate filing workflow which will both boost compliance and save money.
Today, Strategies for Success
Document management is based [...]
by Diane Mueller
XML Developers are surely rejoicing with Altova’s recent announcement of XBRL support. By adding XBRL functionality into Altova’s ever popular suite of development tools of XMLSpy, Mapforce and StyleVision, an army of XML developers will hopefully now be unleashed and eased into developing XBRL-aware applications without having to leave the comfort of their [...]
by Diane Mueller
In an article on Law360.com entitled “XBRL Filings To Become Mandatory This June“, the author, Jesse Greenspan takes an interesting point of view in saying that the US Securities and Exchange Commission’s XBRL initiatives were an attempt to empower amateur analysts. It’s the first time I’ve ever heard XBRL described in this manner [...]
Last week’s recommendation from the Expert Panel on Securities Regulation regarding the formation of a national securities regulator for Canada has been a long time coming.
Obama’s technology-savvy election team worked very effectively to leverage a new world order of YouTube, social networking, and blogging tools to promote his agenda, connect with a nation of voters, and raise campaign funds…
The U.S. Securities and Exchange Commission mandate of XBRL is great news! It’s a triumph for SEC Chairman Christopher Cox, who played a pivotal role in ensuring the modernization of IT infrastructure of the EDGAR filing system based on XBRL — an initiative that may be a his most lasting legacy and a final feather in his cap.
