Dragon Gate Investment Partners | 2010-09-30

Avery StarrManaging Director, Seatig Inc.

XBRL As the Data Standard for Corporate Internal Reporting

2

The Fate of XBRL

❑ External vs. Internal

❑ Passive vs. Active

❑ Complying vs. Driving

3

Better Future? Real Practice

❑Project driven by business demand instead of government mandate

❑Technologists were approached by business problems

❑Business problems:

➢ Information silo

➢ Mismatch of business semantics

➢ Traceability of business semantics

➢ Atomization of large quantity of data

➢ Deep analysis and make business sense of large quantity of data

4

Solutions Provided by XBRL

❑Business problems and solutions:

➢ Information silo

• XBRL-based data broker and exchanges

• Centralized atomic data asset depository

➢ Mismatch of business semantics

• Standard XBRL taxonomy

➢ Traceability of business semantics

• Gene trees of atomic data

➢ Atomization of large quantity of data

• BiDAS – Big Data Atomization and Standards based on XBRL

➢ Deep analysis and make business sense of large quantity of data

• Repository of atomic data accompanied by roll-up and drill-down facilities opens up tons of possibilities for analysis

5

Real World Projects Inspiration

❑X-Platform Project

❑X-Platform Data Cloud

❑Global Ledger Interchange Platform (GLinp)

❑X-Platform Analytics

Copyright 2018

@ Seatig Inc.

ERP

Business

System

Financial

Cloud

Big Data

Consolidated Statement

BI Data

Business Information

Model(Dictionary, Taxonomy, Ontology)

.

.

.

.

.

.

.

.Physical

Database Schema

Ab

stract D

ata

Mo

del (O

IM)

GL D

ata

XB

RL D

ata

GLEnabling services

FREnabling services

Web

Editor

Portal

Manager

Exchange

channels

FR

Instance

Financial

Reporting

Analysis

Queries

Enterprise

Data Center

(EDC)

GL

Instance

Bu

siness D

ata

FR Processor

GL Processor

Financial Reporting Intelligence Platform (FRinp)

GL Interchange Platform (GLinp)

Changhong X-Platform

2nd level reporting

BSB Port

3rd parties

Exte

rnal D

ata S

tan

dard

ized

data

Sta

nd

ard

ized

data

Report

CSV

Sta

nd

ard

ized

data

exp

ort

Handler

Handler

Handler

Handler

Connector

Connector

Connector

XML

JSON

Web request

Socket

File deposit (CSV, TXT…)

GL InstanceConnector

Connector

ETL

FR Instance

BITools

Mapping

ERP

BS

FC

BI

BD

Sta

nd

ard

ized

data

exch

an

ge

Data Cloud

X-Platform Project

Accounting Cloud

Financial Cloud

Taxation Could

Invoice Cloud

Expense Cloud

Business Information

Model(Dictionary, Taxonomy, Ontology)

.

.

.

.

.

.

.

.Physical

Database Schema

FRinp（FR）

HFM

SAP R3

Teradata

FIS（all 15）

Business Sys

GLinpAll Outer & Inner CS & Reporting Data

Accounting Data

Accounting Data（Static & History）

Financial Data

Financial Data（Static & History）

Taxation Data

Taxation Data（Static & History）

Invoice Data

Invoice Data（Static & History）

Expense Data

Expense Data（Static & History）

Import XBRL Format3rd Consolidated Statement Data

Efficient Manage Data

Drill D

ow

n

Ro

ll Up

High Quality Financial Data

Big Data Mining

ERP Data

2016 Sales and Distribution Data

Reference Data

Information Data

Necessary Business Data

BI

Interchange

Export standard data(GL instance, csv, json)

XDC

XBRL GL Tag

Consolidated Statement DataOracle Hyperion

Financial Management

FR Logic

Production Report Data

From Five Cloud Data

Data Cloud Providers & Consumers

Accounting Cloud

Business Information

Model(Dictionary, Taxonomy, Ontology)

.

.

.Physical

Database Schema

FRinp（FR）

Historical data

Evidence Artifacts, Accounting Ledgers

Import/export: XBRL (CS), GL, XML

(instance/taxonomy), CSV, JSON,

SQL, TXT, Binary (BLOB), File,

query, search, import, export,

simply analysis

XDC

GLinp Architecture

Rep

lacin

g S

AP

FI Accounting

Cloud database

Import reports, incremental data

FRinpdatabase Roll up reports

Produce client reports

(Rollup)

GL Interchange Platform (GLinp)

Data

Handler

Extension

Manager

Standards

Manager

HFM

FR Logic

Access

ControlConsolidated Statement Data

Human

Interface

System

API

Connector

Connector

Search and retrieve reports

Other clouds

or systems

X-Platform Integrated Standard Data

Imaging Engine (DIE)

X-Platform Integrated Standard Data

Viewing Engine (DVE)

Data Structure Ontology

Validation Engine

Document Content Object

Business Ontology

Roll-up / Drill-down Process Engine

Charting Taxonomy

g-XBRL & i-XBRL

Charts Tables

Maps

Reports

Drawing tools （e.g., D3)

Business Domain Center

Business Rule Configuration

Engine

Analysis and Mining Engine

Domain and User

Management

X-Platform Analytics

Architecture

GLinp

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The XBRL approach

❑Database

❑Data Exchanger

❑Atomization

➢ Big Data Atomization and Standards (BiDAS), the Process

Atomization

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Database Overview

Copyright 2018

@ Seatig Inc.

12

Database – core tables

Copyright 2018

@ Seatig Inc.

13

Database – XDC extension

Copyright 2018

@ Seatig Inc.

Business Information

Model(Dictionary, Taxonomy, Ontology)

.

.

.Physical

Database Schema

Business System

query, search, import, export,

simply analysis

XDC

BusinessSystem

database

Acce

ss Co

ntro

l

Human

Interface

System API

Connector

Data Exchanger

Data Connector

Taxonomy Generator

Instance generator

InformationModel

Instance

Document

Instance LoaderValidation

XDC

Management

Portal

Taxonomy

Element ID

Atomization

Business

Data

Element Mapper

Element ID

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Atomization

❑Standardization

➢ Standardize at the semantic level (e.g., RMB, CNY, ，Renminbi,

Yuan, 元，圆, 人民币 )

❑Big -> Small: Atomization

➢ Big Data has to be small to be BIG!

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Atomization

Atomization is the process

to model and drill down

through model hierarchy,

providing contextualization

of data at each level, so

that it can be used as a

data point / fact.

data

data

validation

processing

analysis

data

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Atomization

Financial Statement

Expense report

Employee Reimbursement

Air ticket

Report structure and data

containment relationship

are analyzed during

atomization and

documented in the

information model

18

BiDAS, the Process

19

BiDAS, Model Definition Spreadsheet

Copyright 2018

@ Seatig Inc.

20

BiDAS, an Example, Evidence Artifacts

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BiDAS, an Example, Line Items

17%

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BiDAS, an Example, Line Items Taxonomy

17%

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BiDAS, an Example, Line Items Taxonomy in XBRL

Taxonomy (semantic meta-data definition)

<xs:element id="xdc-core_taxable_goods_or_service_name" name="taxable_goods_or_service_name” substitutionGroup="xbrli:item" …

<xs:element id="xdc-core_taxable_goods_or_service_model_number" name="taxable_goods_or_service_model_number” …model_number

<xs:element id="xdc-core_description_of_unit" name="description_of_unit” …model_number

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BiDAS, an Example, Line Items Instance Data

17%

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BiDAS, an Example, Line Items Instance Data in XBRL

Instance document (valid data governed by taxonomy)

<xdc-core:taxable_goods_or_service_name contextRef="c-01">Pen</xdc-core:taxable_goods_or_service_name>

<xdc-core:goods_or_service_model_number contextRef="c-01">00023542</xdc-core:goods_or_service_model_number>

<unit id="u-pure">

<measure>pure</measure>

</unit>

<xdc-core:number_of_units contextRef="c-03" decimals="0" unitRef="u-pure">2</xdc-core:number_of_units>

<unit id="u-CNY">

<measure>iso4217:CNY</measure>

</unit>

<xdc-core:unit_price contextRef="c-01" decimals="2" unitRef="u-CNY">5.00</xdc-core:unit_price>

<xdc-core:value_net_of_tax_amount contextRef="c-01" decimals="2" unitRef="u-CNY">10.00</xdc-core:value_net_of_tax_amount>

<unit id="u-rate">

<measure>pure</measure>

</unit>

<xdc-core:fapiao_vat_tax_rate contextRef="c-01" decimals="0" unitRef="u-rate">0.17</xdc-core:fapiao_vat_tax_rate>

<xdc-core:fapiao_vat_tax_amount contextRef="c-01" decimals="2" unitRef="u-CNY">3.74</xdc-core:fapiao_vat_tax_amount>

26

Contact

Avery Starr

Seatig Inc.

32 Broadway, Suite 1701, New York, NY 10004

Tel: (914) 584-0979

zhaow@seatig.com

www.seatig.com