FAQ

What is UBmatrix?
UBmatrix, Inc. is the leading provider of XBRL-based information exchange solutions for global organizations and enterprises allowing them to more efficiently and effectively address the challenges of business and financial information management, exchange and reporting. UBmatrix XBRL solutions increase operational efficiency and financial transparency, and ensure reporting accuracy and regulatory compliance.  UBmatrix is a wholly owned subsidary of EDGAR Online. UBmatrix is based in Silicon Valley with development centers in Bellevue, WA, and New Delhi, India.

What markets do we serve?
We serve the regulatory compliance and the financial reporting markets. Our platform and products help organizations freely move information accurately and efficiently among applications within an enterprise, between business partners, and to regulators. Benefits include increased operational and financial transparency, cost savings in sharing information both inside and outside the organization, and greater confidence in reporting accuracy and regulatory compliance.

What products do we provide?
We provide XBRL-based software products for the full lifecycle of design, development, and deployment of applications that collect, validate, aggregate, report or exchange information. Our products are based on our UBmatrix Processing Engine which provides taxonomy and instance document validation and conversion. We provide both server-side products such as Enterprise Application Suite and UBmatrix XBRL Database Adoptor client-side products such as Report Builder and Taxonomy Designer. We also provide xBReeze Compliance Reporting Edition which delivers a COREP/FINREP reporting solution.

Which of our products are based on patented technology?
Our products including the UBmatrix Processing Engine, Enterprise Application Suite, Report Builder and Taxonomy Designer are covered by US Patent No. 6,947,947.

What makes us different?
We provide the most comprehensive and flexible suite of products for the design and deployment of XBRL solutions. Our products support the latest XBRL standards. We have over 6 years experience successfully delivering products and services. With experience at the Federal Deposit Insurance Corporation, the National Bank of Belgium, the government of Singapore, the Central Bank of France and the Dutch Ministries of Justice & Finance, We are unmatched in successful large-scale XBRL deployments.

What is XBRL?
XBRL (eXtensible Business Reporting Language) is a global standard-based method to prepare, publish, validate, exchange, and analyze business and financial data. XBRL data is "tagged" with associated context and meaning. This tells computer applications how the data should be handled; how the data relates to other tagged data; and where each piece of data should be linked. This eliminates the need for users to re-key or cut and paste data into their applications.