ROCKVILLE, Md., Dec. 7, 2011 /PRNewswire/ -- EDGAR® Online,
Inc.(NASDAQ: EDGR), a premier provider of fundamental financial
data, analytics and disclosure management services, today announced
the launch of I-Metrix Enterprise, the latest version of its
popular I-Metrix Professional risk analysis platform. I-Metrix,
which provides company information and detailed XBRL-tagged
financial data on more than 12,000 publicly traded organizations,
allows analysts at corporations and investment firms to quickly
analyze risk on the companies, industries and sectors of interest
to them.
EDGAR Online I-Metrix Enterprise is geared towards organizations
that require multiple internal stakeholders to build robust
financial models and analyze financial information. By
leveraging the speed and depth of EDGAR Online's data in an
intuitive platform, management can be confident that all of their
professionals are quickly identifying opportunities and analyzing
trends in the data, allowing them to see risk ahead of the curve
and make more insightful decisions.
Key benefits of the I-Metrix platform include:
- SEC Filings: Searches, alerts and analytics on the
largest repository of U.S. public company filings, which reduces
the time spent on identifying key information in filed documents
and enables resources to perform more value added activities like
interpreting results.
- Access to 10,000 as-reported and normalized data items from the
source documents, allowing managers to greatly expand the
capabilities of their existing financial models and find new and
unique ways to identify companies, partners, suppliers, and
investments that will provide greater returns.
- Flexible Excel modeling and report building capabilities that
allow users to automate their existing financial models, empowering
them to spend more time creating insightful reports. I-Metrix's
unique "link back to source" functionality increases the speed in
which analysts can perform tasks like off balance sheet
adjustments.
"I-Metrix is perfect for executives who want their entire staff
to have access to a simple, but flexible, financial analytics
solution," said David Frankel, chief
marketing officer for EDGAR Online. "Whether you are a portfolio
manager looking to find hidden bits of information in a filing or
an analyst at a corporation performing governance risk and
compliance (GRC) analysis on your company and your competitors,
I-Metrix is a high value alternative to other options in the
market. People typically recognize EDGAR Online for our
expertise in using XBRL to produce financial documents, but I am
excited that they can now leverage our risk analytics capabilities
across their entire firm."
"I-Metrix Enterprise solves a huge problem for management teams
at our clients and prospects," said Jason
Swetnam, vice president of sales for EDGAR Online.
"The costs of performing financial analysis at corporations and
investment firms have skyrocketed, but not in conjunction with the
value being delivered. The I-Metrix platform makes it easy for
firms to put powerful financial risk analytics on everyone's
desktop, without increasing their costs. I expect that our
EDGAR Pro customers are going to love the increased functionality
and switch to I-Metrix as well."
I-Metrix is powered by XBRL financial statement data and comes
with analytical tools that quickly provide accurate information.
That information includes financial statements filed in XBRL
between 1999 and the present, all SEC filings since the 1990s,
complete company profiles including stock price performance and
news, institutional and insider ownership profiles, and public
offering summaries and details. Using I-Metrix tools, users can
easily compare companies based on financial statement data or
ratios and customize dashboards to facilitate tracking. The
browser-based interface is an intuitive entry for one-click
financial footnote access and financial screening functionality
with more than 200 preset variables.
For more information about EDGAR Online's I-Metrix Enterprise,
contact Jason Swetnam at
212.457.8224 or go to www.edgar-online.com/imetrix.
About EDGAR® Online, Inc.
EDGAR® Online (NASDAQ: EDGR) provides financial data, analytics and
disclosure management solutions to help corporations and
institutional investors facilitate compliance and management of
regulatory disclosure filings. In addition to developing a variety
of unique as-reported and normalized data sets, EDGAR Online is an
industry leader in XBRL (eXtensible Business Reporting Language)
processing. Thousands use the company's solutions, including U.S.
public companies, mutual funds, leading financial analysts and
institutional investors, as well as global regulators such as the
FDIC, Banque de France and the
U.S. Securities and Exchange Commission. The company delivers its
solutions, including UBmatrix® XBRL software solutions, through an
extensive network of partners, including Business Wire,
LexisNexis®, NASDAQ OMX, Oracle, PR Newswire, RR Donnelley and
SAP.
Use of Forward-Looking Statements
This press release may contain forward-looking statements.
These statements relate to future events or to future financial
performance and may include, without limitation, statements
regarding our future growth prospects, future demand for our XBRL
products/services and future innovations in our data and solutions
and subscriptions businesses. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any
future results, levels of activity, performance, or achievements
expressed or implied by these forward-looking statements. In some
cases, you can identify forward-looking statements by the use of
words such as "may," "could," "expect," "intend," "plan," "seek,"
"anticipate," "believe," "estimate," "predict," "potential," or
"continue" or the negative of these terms or other comparable
terminology. You should not place undue reliance on
forward-looking statements because they involve known and unknown
risks, uncertainties and other factors that are, in some cases,
beyond our control and that could materially affect actual results,
levels of activity, performance, or our growth strategy. For
further information about the factors that could affect EDGAR
Online's future results, please refer to our filings with the
Securities and Exchange Commission. We assume no obligation
to publicly update or revise these forward-looking statements for
any reason, whether as a result of new information, future events,
or otherwise.
EDGAR® is a federally registered trademark of the
U.S. Securities and Exchange Commission. EDGAR Online is not
affiliated with or approved by the U.S. Securities and Exchange
Commission.
SOURCE EDGAR Online, Inc.