Software

XBRL and open data for global financial ecosystems: A linked data approach

Date Added: Feb 2012
Format: PDF

Information professionals performing business activity related investigative analysis must routinely associate data from a diverse range of Web based general-interest business and financial information sources. XBRL has become an integral part of the financial data landscape. At the same time, Open Data initiatives have contributed relevant financial, economic, and business data to the pool of publicly available information on the Web but the use of XBRL in combination with Open Data remains at an early state of realization. In this paper, the authors argue that Linked Data technology, created for Web scale information integration, can accommodate XBRL data and make it easier to combine it with open datasets.