Daily Fintech Conversations

XBRL: the power of algorithmic contracts, ESEF tools & sample report

Originally published at: https://dailyfintech.com/2020/06/25/xbrl-2/

ESEF is still the topic du jour, but something educational first … 1 The power of algorithmic financial contracts The ACTUS Financial Research Foundation has published an open source algorithmic standard for financial contracts. The ACTUS contracts are the key generic building blocks of finance because they define the cashflow-patterns of all major banking instruments,…