CompSci's Interactive XBRL Technology Implemented by U.S. Securities and
Exchange Commission for Executive Pay Internet Tool
ALEXANDRIA, Va., Jan. 2 /PRNewswire-USNewswire/ -- CompSci Resources, LLC, a
leading provider of financial and regulatory software applications, announced
today that its proprietary interactive XBRL technology was implemented by the
U.S. Securities and Exchange Commission (SEC) to display executive
compensation data from 500 of the largest American companies. CompSci
designed and engineered a unique system that extracts summary compensation
data from SEC filings, converts the filings into XBRL instance documents, and
dynamically renders the XBRL filings into a readable format using its
interactive web-based technology known as "iA (TM)."
"The SEC has been a leader in advocating the use of interactive data or XBRL
to electronically report business and financial data in a standardized
format," said Michaela Blondell, president of CompSci. "Through the use of
our interactive data tool, CompSci will bring the power of interactive data
not only to sophisticated financial professionals but also to the average
investor. We aim to develop technologies that will leverage the power of XBRL
and truly level the playing field in terms of having easy access to and the
ability to use and share business and financial data. CompSci's iA (TM)
technology which displays and analyzes electronically stored interactive data
in real time and on demand is one giant leap in that direction."
CompSci's proprietary web-based technology enables regulators, financial
professionals, investors, and any consumer of business and financial data to
search for, retrieve, and analyze electronically stored XBRL data in real time
and organize such data into easy-to-use and readable formats. CompSci's iA
(TM) technology can be used with any XBRL 2.1-compliant data.
To view the SEC's Executive Compensation Reader, visit: http://sec.gov/xbrl
About CompSci
CompSci provides technology solutions to the financial, legal, and regulatory
communities. CompSci is experienced in all phases of software development,
web-based technologies, systems integration, maintenance, database design,
data warehousing, data architecture, and security administration. Among its
areas of expertise is XBRL, an XML-based standard used to electronically
communicate financial and business data. CompSci also is proficient in
applying its iA (TM) technology internationally based on taxonomies developed
outside the United States.
Visit CompSci at http://www.compsciresources.com/
SOURCE Comp Sci Resources, LLC
Ronald Lord of CompSci Resources, LLC, +1-703-750-3232, +1-703-750-3613(fax),
ron.lord@compsciresources.com
