Customer Spotlight: T. Rowe Price
Industry Leader Chooses Rivet Software for XBRL Solution
When the SEC sought candidates to participate in their voluntary filing program, investment manager
T. Rowe Price stepped up to the plate. Their CFO Group recognized the value of the learning to be
gained from becoming an early adopter. But they also had the vision to see the long-term benefits of
joining a global financial information ecosystem based on XBRL.
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What is XBRL?
XBRL (eXtensible Business Reporting Language) with roots in XML (eXtensible Markup Language), offers
an effective means of "tagging," or "marking up" financial documents with machine-readable
code for transmission over the Internet.
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SEC Ruling and What You Need to Know
Highlights of the New Rules
The SEC published the final ruling "Interactive Data to Improve Financial Reporting Rule" ('SEC Rule')
regarding public companies filing in XBRL on Tuesday, February 10th, 2009.
Read the entire ruling and a brief summary of the key points with page numbers to assist you in referencing back to the SEC Rule.
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