We believe in the original purpose of XBRL technology: to provide transparency and easy access to company financials. Unfortunately, in reality, there’s so much variation within filing practices that true comparison is nearly impossible.
We created our proprietary XBRL Standardizer to:
Public US companies file required forms with the SEC. Intrinio primarily uses 10-Q and 10-K statements, which provide the core of our fundamentals dataset. We also gather additional data for our SEC datasets. Every company files a little differently, leaving you with thousands of line items that don’t match up.
We pull those forms for more than 9,000 companies and parse out information that’s relevant and useful to investors. Our XBRL Standardizer, powered by machine learning, maps those line items to standardized templates that allow for direct comparison across companies and fiscal periods.
We run the standardized data through dozens of rigorous quality checks. Our infrastructure automatically flags potential discrepancies, which our team manually reviews and corrects. This allows us to maintain a high standard of quality and minimize the human error involved in traditional standardization approaches.
The data is available to you within 10-30 minutes of a company filing a new 10-Q or 10-K. Standardized data can be accessed through any of our advanced tools, including our Web API with output in JSON and CSV, our Excel add-in for PC and Mac, daily file downloads, and direct database access.
Our XBRL Standardizer goes beyond fundamentals. We offer custom standardization for businesses that need to standardize other financial data filed in XBRL. We can also map financial statements into various formats to fit your needs. Talk to our team about custom options for your organization.
Your success depends on solid, reliable financial data. Learn about our machine and human-enabled data quality process.
We built complex infrastructure for financial data, so you don't have to. Get a peek at the mechanics behind our data.
