The SEC's internative data pilot is gaining traction – particularly after the Roundtable on March 19th. The new interactive platform, based on XBRL formatted filings from 36 companies participating in the pilot, is designed to replace the 20 year old Edgar database of SEC filings.
In the four months of the pilot over 10,000 visits have accessed over 500,000 pages of financial data. These stats are certainly modest in terms of mainstream web traffic stats, but the SEC is after a fairly discrete and limited target of financial data users that do not subscribe to Bloomberg, Reuters, etc.
Not suprisingly, the majority of visitors are from the US. But visitors are from a number of countries:
Visitors to the SEC's XBRL Pilot Site
You can visit the
interactive pilot yourself and check it out. It's easy to browse pages,
create graphs, and export data to Excel. It's a significant improvement over
the old Edgar format. Here's a screen print:
SEC Interactive Viewer
Check it out:
SEC Interactive Financial Data Viewer
Learn more:
SEC XBRL Information Page
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.