XBRL in Practice: Achieving Business Value

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							 XBRL in Practice:
Achieving Business
      Value


        Martin Henning
U.S. Federal Deposit Insurance
         Corporation

Call Reporting Modernization
      Project Manager
Call Reporting Modernization Project Goals


     Increase efficiency – collection & publication
     Increase agency agility
     Enhance Call Report data integrity, accuracy,
     and consistency
     Adopt collaborative, interagency approach to
     data collection, validation, processing, and
     distribution




                                                      2
Business Process Change




       Legacy
      Processor




                          3
Business Process Change


              New




                          4
FFIEC Central Data Repository (CDR)

    Critical features:
      relies on an open standard for conveying information to
       stakeholders
      metadata driven using XBRL taxonomies
      is easily accessed by reporting entities and by FFIEC analysts
      flexible to refine and extend concepts reported, data quality
       standards, presentation, and instructions

    Expected Results:
      faster exchange of data between banks and FFIEC Call Agencies
      resources shared more effectively among FFIEC Call Agencies
      easier accommodation of Call Report changes
      long-term potential to facilitate bankers’ reuse of data among
       multiple regulatory and internal reporting needs
      provides structure for straight-through processing



                                                                        5
Project Status

    Implemented system September 2005 Call
    Reporting process
    All U.S. banks enrolled to submit data online
    in XBRL format
    Enhancing the system
    Contemplating next data series to process
    with the system




                                                    6
CDR System Demonstration




      www.FFIEC.gov/FIND
                           7

						
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