In a financial environment, an agile and effective management of information results is an incalculable added value. Access to all kinds of information sources and the availability of an infrastructure that is capable of combining that information in real time become essential.

These are the fundamental scenarios:

1. XBRL format generation: the efforts to homogenize the financial and business information exchanges have materialized in a standard format called XBRL (extensible Business Reporting Language). XBRL is an open-based standard that allows financial departments to automatically create, exchange and analyze information.

Migration to these new standards demands enormous engineering efforts to combine the multiple formats and repositories in which the required but dispersed information resides. The EII concept allows the generation of these documents to be notably accelerated. The wrapper definition to access the sources, the unified views generation and the result export capacities are key pieces of quick and coste-effective solutions.

2. Risk Management: investment decision-making always depends on an analysis of the risks that are being taken. The relevance of these decisions and the agility which is required by the e-commerce demand technological solutions that allow the availability of the data on which decisions are based in an integrated and real-time manner. Denodo EII technology provides the suitable infrastructure to favor decision-making based on structured and updated data.

3. Financial Aggregation: the financial information aggregation service allows its users, companies or individuals, to manage their assets from a single Web portal and with a single login/password pair.

The Denodo Financial Aggregator automatically makes a connection to the Web sites of the financial institutions, extracts the required information, integrates it and shows a unified view of it on a single Web page. To achieve this, users register previously in the Aggregator in order to provide the access keys for each of the banking organizations with which they work. These keys are, of course, stored encrypted.

The aggregated financial products are bank accounts, credit/debit cards and securities accounts. The extracted data can include bank balances, account transactions, card transactions, assessment of stock market and share transactions (buying/selling). Telephone bills (fixed telephone line/cellular phone), electricity bills, customer loyalty cards (Travel Club, etc.) or Web mail accounts can be aggregated as well.

The data can be periodically updated, both in an automatic manner and on explicit user demand.. In any case, the software administers all sessions, cookies, JavaScripts and secure servers with complete reliability, thus providing an intuitive service and complete security in transactions.