XBRL allows the issuers to disseminate electronic data from the source XBRL revolution –XBRL is an international, non-profit, consortium dedicated to driving transparency –XBRL enables issuers to tag data from within MS Word when preparing the source document –Some tools allow the tagged data to be embedded within the saved pdf or doc file –Aside from tagging, the issuer, as they write the press release or prospectus, follows the same process as they do today A range of XBRL tools are commercially available XBRL alignment with standards –DTCC, SWIFT and XBRL-US have worked to seamlessly align the XBRL taxonomy used in the tools with ISO 20022
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