This week’s SEC and FASB webinar brought together leaders from across the structured reporting ecosystem, with a standout session on AI moderated by XBRL International CEO John Turner.
This week, Datamaran published an interview with John Turner, CEO of XBRL International (XII), and Jérôme Basdevant, CTO and co-founder of Datamaran, tackling a hot topic: is AI set to replace digital tagging in ESG reporting?
Regulators are used to financial shocks unfolding over weeks or months. That timeline is gone.
Four years ago, AI in capital markets was a promising experiment. Now, it’s fundamental. From robo-advising and algorithmic trading to fraud detection and regulatory compliance, AI is becoming embedded in financial markets.
AI is everywhere, and it’s getting smarter. But can we trust it? That’s the million—perhaps billion—pound question, and the AI assurance industry is racing to keep up.
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on its Opinion on Artificial Intelligence (AI) governance and risk management, offering guidance on how insurers should manage AI within existing sectoral regulations.
How can large language models (LLMs) improve the way we work with XBRL taxonomies? In her latest blog, XBRL International Guidance Manager Revathy Ramanan explores how AI-powered tools can support taxonomy authors and software vendors, improving taxonomy quality, clarity, and usability.
AI can replace structured data? That’s news to AI. Hear from XBRL International CEO John Turner on exactly why AI needs XBRL in his latest post. “XBRL isn’t a burden; it’s the fuel for AI-powered analysis, ensuring accuracy, comparability, and decision-usefulness,” he says.
By John Turner, CEO of XBRL International, based on an original post on LinkedIn. XBRL is outdated? That’s news to AI—and suggestions from some preparers that AI can replace XBRL remain wildly optimistic! Reality check: AI without structured data is like a self-driving car without roads, maps and experience on the road. It might get […]
The idea that AI doesn’t need XBRL is a bit like saying that a self-driving car doesn’t need roads. It just doesn’t make sense. Yet with the European Commission’s Omnibus proposals sparking debate over regulatory simplifications, there are suggestions that companies don’t need to digitise their reports — perhaps AI can extract financial and sustainability […]
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