EDGAR Online, a provider of eXtensible Business Reporting Language software, services and data, has been granted U.S. Patent 7,917,841 entitled "System and Method for Rendering Data" on March 29, 2011. The patent covers the semantic analysis of notes to financial statements and the association of those notes to related items in a primary financial statement.
U.S. Patent 7,917,841 documents EDGAR Online's method for allowing the categorization and cross-referencing of data in financial documents by analyzing notes to financial statements and presenting the information in a concise format. Analysts and investors currently see the benefits of this method within EDGAR Online's I-Metrix suite of products, a range of online solutions that provide accurate company information and detailed XBRL-tagged financials for the more than 12,000 companies that file with the U.S. Securities and Exchange Commission.
:::: RELATED PATENTS ::::
U.S. Patent 6,947,947, "Method for Adding Metadata to Data," issued in 2005 to UBmatrix
U.S. Patent 7,877,678, "System and Method for Rendering of Financial Data," issued January 25, 2011.
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