Semansys presents new software for XBRL taxonomy viewing

Software leader aims to encourage XBRL global adoption through tooling that is easy to use and affordable.

Semansys, a leading provider of XBRL business reporting and monitoring solutions, introduces today Semansys Taxonomy Viewer 3.0, the latest version of this widely used software product. The Taxonomy Viewer is applied around the world to explore and understand taxonomies, or to explain taxonomies to others. The software application reveals the structure and concepts concealed in the complicated XBRL standard. The product has been enhanced to support the latest developments in the XBRL standard, and to enable more advanced transformation of taxonomy data which is particularly useful for financial service providers.

The widely used Taxonomy Viewer is well known for its versatility and intuitive user interface. The tool is tuned to optimally support the financial professional who wants to understand and use an XBRL taxonomy. The powerful and unique reporting functions

can be used to obtain further insight in a taxonomy, to document and present taxonomies or parts of taxonomies, to archive taxonomy related information, to transform the data in the taxonomy for further processing, and for various other uses. This makes this product a true productivity tool for financial professionals and much more than just a viewer.

The popularity of the Viewer is founded on its versatility. Companies and accountants use this software to understand reporting  requirements imposed on them. Regulators and corporations use this tool to visualize and explain taxonomies to the people who need to use them in order to create high quality reporting. Financial professionals use the viewer to analyze and study taxonomies, report about their features and transform their contents into alternative data formats.

The latest features, including our advanced reporting functionalities, are only available in the new Taxonomy Viewer 3.0 which is for sale from Semansys’ web site. The version 3.0 is not available as an update of previous versions of Semansys Taxonomy Viewer.

About Semansys Technologies

Semansys Technologies is a leading vendor of software solutions for financial reporting and business monitoring based on semantics and XBRL. The company offers a uniquely comprehensive solution that increases speed, quality and transparency in the exchange of information throughout ‘the financial supply chain’. The software helps regulators reduce risks and administrative burden. For preparers of business reports, Semansys provides easy to use and efficient reporting solutions. The use of open standards allows users of this software to deploy innovative real time business monitoring techniques such as daily balance sheets and continuous auditing. Semansys is closely involved in the development and global adoption of XBRL and realized the world’s first implementation of this standard. Semansys is based in Zoetermeer, The Netherlands.

www.semansys.com

Semansys Technologies BV
Tel.:     +31 79 361 5931
Email:   paul.snijders@semansys.com