XBRL Processor

Interstage XWand is software that helps companies create, validate, report, collect, and analyze financial data in eXtensible Business Reporting Language (XBRL), a standard format that aids the disclosure of financial information quickly and accurately. It facilitates the integration of XBRL within financial processes thereby boosting the level of automation and transparency throughout the entire financial reporting cycle and supporting compliance goals.

Interstage XWand allows IT-based solutions to automatically extract financial data and format it into XBRL reports, which can then be distributed via the Internet. It eliminates manual, paper-based tasks, reduces the time required to generate reports and decreases the errors inherent in the manual entry and re-entry of data.

With Interstage XWand companies can:

• Simplify and speed-up financial reporting
• Improve enterprise reporting transparency
• Comply with governmental reporting regulations

Interstage XWand consists of an Integrated Development Environment (IDE) and a set of flexible Application Programming Interfaces (APIs). The IDE lets users quickly create, validate, and consume XBRL reports and the APIs allow organizations to integrate XBRL within their reporting processes at the application level.