Fujitsu America announced it is providing technical services to the U.S. Securities and Exchange Commission to create and support an Inline XBRL eXtensible Business Reporting Language software solution.
Fujitsu is teaming with Fujitsu partner and financial governance software provider Trintech to create the functional and user experience requirements, with the resulting prototype intended to enable users and application programmers to use XBRL embedded into HTML documents based on XBRL International’s Inline XBRL Specification.
“We are very excited to be working for the SEC to build the software solution focused on Inline XBRL,” stated Scott Harrison, vice president of software business at Fujitsu America. “We hope this effort demonstrates the ability of Inline XBRL to help reduce the complexity typically associated with XBRL review and analysis activities.”
The solution involves technical validation, ensuring the Inline XBRL documents are compliant with the Inline XBRL 1.1 Specification, and client-side browser extension, allowing preparers, analysts and investors to interact with the XBRL data while masking underlying technical complexities. Preparers can create a single document containing both the XBRL and HTML data formats with the Inline XBRL Specification.
“We applaud the SEC for undertaking this project, and welcome the opportunity to work closely with Fujitsu to design and deliver the prototype,” stated Rob Blake, senior product director for Trintech. “Our goal is to make it easy to highlight, search and review tagged information from within the friendly confines of an Internet browser.”