Integrating Financial Data Using Semantic Web for Improved Visibility
The Semantic Web technologies and Linked Data principles enable information integration and datainteroperability at syntactic and semantic levels. This will lead to having a large amount of integrated data with increased visibility leading to the discovery and synthesis of knowledge to address finan...
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| Format: | Conference Paper |
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CPS
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/19419 |
| _version_ | 1848750028276891648 |
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| author | Ashraf, Jamshaid Hussain, Omar |
| author2 | CPS |
| author_facet | CPS Ashraf, Jamshaid Hussain, Omar |
| author_sort | Ashraf, Jamshaid |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The Semantic Web technologies and Linked Data principles enable information integration and datainteroperability at syntactic and semantic levels. This will lead to having a large amount of integrated data with increased visibility leading to the discovery and synthesis of knowledge to address financial issues. In this paper, we illustrate the implementation of the Financial Linked Data using the Linked Data principle within the financial domain. The use of XBRL (XML-based business reporting language)by various companies to generate their financial data has enabled us to obtain a standardized and uniform body of financial data. We utilize this format to link business facts to corresponding reports and then publish these data using Linked Data principles. Furthermore, financial data can be interlinked with other relevant datasets by creating semantic relationships. We believe that such linkage between various datasets represents an important step in achieving data transparency which in turn establishes a basis for making profitable decisions in the future. |
| first_indexed | 2025-11-14T07:30:19Z |
| format | Conference Paper |
| id | curtin-20.500.11937-19419 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:30:19Z |
| publishDate | 2012 |
| publisher | CPS |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-194192017-09-13T15:58:24Z Integrating Financial Data Using Semantic Web for Improved Visibility Ashraf, Jamshaid Hussain, Omar CPS Financial transparency XBRL Linked Data Semantic Web The Semantic Web technologies and Linked Data principles enable information integration and datainteroperability at syntactic and semantic levels. This will lead to having a large amount of integrated data with increased visibility leading to the discovery and synthesis of knowledge to address financial issues. In this paper, we illustrate the implementation of the Financial Linked Data using the Linked Data principle within the financial domain. The use of XBRL (XML-based business reporting language)by various companies to generate their financial data has enabled us to obtain a standardized and uniform body of financial data. We utilize this format to link business facts to corresponding reports and then publish these data using Linked Data principles. Furthermore, financial data can be interlinked with other relevant datasets by creating semantic relationships. We believe that such linkage between various datasets represents an important step in achieving data transparency which in turn establishes a basis for making profitable decisions in the future. 2012 Conference Paper http://hdl.handle.net/20.500.11937/19419 10.1109/SKG.2012.35 CPS restricted |
| spellingShingle | Financial transparency XBRL Linked Data Semantic Web Ashraf, Jamshaid Hussain, Omar Integrating Financial Data Using Semantic Web for Improved Visibility |
| title | Integrating Financial Data Using Semantic Web for Improved Visibility |
| title_full | Integrating Financial Data Using Semantic Web for Improved Visibility |
| title_fullStr | Integrating Financial Data Using Semantic Web for Improved Visibility |
| title_full_unstemmed | Integrating Financial Data Using Semantic Web for Improved Visibility |
| title_short | Integrating Financial Data Using Semantic Web for Improved Visibility |
| title_sort | integrating financial data using semantic web for improved visibility |
| topic | Financial transparency XBRL Linked Data Semantic Web |
| url | http://hdl.handle.net/20.500.11937/19419 |