Crossfire for Analysts & Regulators

SEC mandated XBRL filings are available now, are you taking advantage of the data?

Trust Rivet to Gain Maximum Benefits XBRL Promised

XBRL (extensible business reporting language) has become a worldwide standard for the publishing, exchange, and analysis of financial information. XBRL, commonly referred to as interactive data, promises to be a huge leap forward in financial reporting that will enable much more timely, efficient, accurate, less costly and comprehensive financial analysis than ever before available.

We believe XBRL brings standardization to today's business reporting supply chain. At its highest level, it improves the efficiency of communication to investors, as well as the aggregation and analysis of business report information, such as financial statements. We know that XBRL provides an electronic dictionary of terms that enable the tagging of business report information, which can then be transferred across disparate systems for use in activities such as analysis. It allows participants in the business reporting supply chain to spend less time doing data entry and cleansing, and more time on value-added activities like data analysis.

Rivet's Crossfire Financial Reporting Platform Provides Instant Access to XBRL

Rivet's Crossfire Financial Reporting Platform provides advanced reporting and analytical tools designed for the market analysts and regulators to start harvesting the benefits that XBRL brings. Rivet's Crossfire is a solution framework designed to transform global financial compliance, control and communication. Various program components are currently being used by hundreds of users.

• Crossfire provides access to SEC filings and FDIC filings that are automatically loaded & stored in the Crossfire Financial Data Repository. Analysts can start performing advanced comparative valuation and analysis right now.
• The XBRL filings are parsed/processed, just enough to get ready for reporting and analysis. You can create reports based on an individual filing in its entirety, or select specific reports or one or more concepts for closer examination.
• Crossfire enables you to bring in your own data for personalized comparisons and benchmarking.
• Crossfire is natively integrated with Excel, so you can take advantage of all the analytical features available in Excel and also work in an environment that is very comfortable.

Rivet's support team is made up of CPAs, finance professionals, and XBRL technologists, who have both the XBRL and the accounting knowledge to help you start utilizing interactive data in your own reporting and analysis projects.