GREAT Act Passed by US Congress
On Monday the US Congress passed the GREAT or “Grant Reporting Efficiency and Agreements Transparency” Act, previously agreed by the Senate.
Items tagged with "Data"
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ESMA Review of MiFID II Recommends Establishing Consolidated Tape for Equity
The European Securities and Markets Authority (ESMA) review of market data prices has found that the Markets in Financial Instruments Directive (MiFID II) has not delivered on its objective of reducing the cost of market data or of establishing a consolidated tape for equities. MiFID II requires venues and data providers to publish market data […]
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Where Next for Data?
As the year draws to a close ITProPortal has taken a stab at predicting how data use will change in 2020. Much of their predictions centre around improvements in AI analysis – which the expansion of structured data around the world will help facilitate. They predict that developments in AI and machine learning will mean patterns across […]
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DQC Publish 11th Ruleset
This week the Data Quality Committee (DQC) published its 11th Ruleset for a 45-day public exposure period, set to end January 3, 2020.
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Trust, Access and Expansion
In a powerful keynote speech at Data Amplified, Leslie Seidman, former Chair of the FASB and now an independent board member and Audit Committee Chair made some key recommendations for regulators around the world.
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XBRL Drives Actionable Analytics
This week the US Financial Accounting Standards Board (FASB) Chairman Russell Golden gave some insightful remarks on the development, utility and future potential of XBRL data at the 2019 XBRL US Investor Forum on Driving Actionable Analytics. Golden joined FASB at the beginning of the SEC’s voluntary programme of XBRL filing, and has seen the […]
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Leslie Seidman Keynote Presentation at Data Amplified 2019
Leslie Seidman first became involved with XBRL as the Chairman of the FASB, where she oversaw the development of the US GAAP Taxonomy. She also served on the board of Financial Executives International, where she regularly heard member companies say, “No one uses our XBRL filings!” Listen now to hear what happened next.
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Data Amplified 2019: Enhanced Analysis and Disclosure Research with idaciti
At Data Amplified 2019 Emily Huang, CEO, and Christine Tan, CRO, co-founders of idaciti, gave an inspiring demonstration of the powerful capabilities of their platform to make XBRL data more usable and understandable. Idaciti have built an impressive piece of software that allows companies, investors, and analysts to efficiently dive into XBRL data, streamlining their […]
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Predicting UK Bank Distress with Machine Learning
The UK’s Prudential Regulation Authority (PRA) is working on machine learning techniques to predict bank distress. Using novel data sources, mainly confidential regulatory returns, this still experimental early warning system for predicting bank distress significantly outperformed other models. This development follows the Danish Business Authority’s machine learning-based Early Warning Europe, which uses large data sets from five European countries […]
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From Structured Data to Artificial Intelligence
Continuing on the theme from last story, what is the next big disrupter in financial markets? You guessed it. According to a recent Greenwich Associates report, Artificial Intelligence (AI) is set to have a big impact, with 44% of capital market professionals saying that their firms are already using AI in their trading processes. Firms […]
