SEC wants prototypes to access XBRL documents

The Securities and Exchange Commission seeks proposals for a prototype system that will provide a user-friendly environment in which to access documents written in Extensible Business Reporting Language and submitted to the Electronic Data Gathering, Analysis and Retrieval (Edgar) system.

The contract will be for a one-year base period plus two one-year options, beginning on or about Oct. 1.

SEC has been trying to get more companies to voluntarily submit financial data using XBRL, which makes financial data interactive. XBRL also standardizes data so regulators can make comparisons when analyzing corporate information.

Offerors must have experience implementing multiple deliveries of substantive Extensible Markup Language applications, prior work with EDGAR data and XBRL development, SEC said in its posting announcing the RFP on FedBizOpps.

Proposals are due Aug. 31.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

Featured

  • business meeting (Monkey Business Images/Shutterstock.com)

    Civic tech volunteers help states with legacy systems

    As COVID-19 exposed vulnerabilities in state and local government IT systems, the newly formed U.S. Digital Response stepped in to help. Its successes offer insight into existing barriers and the future of the civic tech movement.

  • data analytics (Shutterstock.com)

    More visible data helps drive DOD decision-making

    CDOs in the Defense Department are opening up their data to take advantage of artificial intelligence and machine learning tools that help surface insights and improve decision-making.

Stay Connected