I just saw the news on BUSLIB-L (as reported by Gary Price on ResourceShelf, and if you’re not already following DocuTicker and ResourceShelf you’re missing out on some great information sources) that the SEC is transitioning from EDGAR to IDEA.
EDGAR is the current database for corporate filings - annual and quarterly financials, significant changes, filings from foreign issuers, prospectuses, etc. and is based on receiving filings from companies.
It sounds like the new approach is based on tagging elements of financial filings (I assume using XBRL) so that users and vendors can scoop up the data and add their own processing. Expect a lot of excitement about this in Semantic Web circles. What do you think?
August 25, 2008 at 8:17 am
It’s like the ClearForest case I was telling you about, running useful metadata over a preexisting collection, opened for user programming and tagging. This seems to be the first step of web 3.0 (or 2.1).