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Posted by Tim Reason | | US
September 26, 2006 8:54 PM ET

Over lunch at a story meeting today, we were kicking around the SEC's planned $54 million upgrade of its EDGAR financial statement filing system.

As Marie Leone pointed out yesterday, that rollout comes with a full court press from the SEC for companies to adopt XBRL.

"It's about time to retire EDGAR, and thank it for its good and faithful service," SEC Chairman Chris Cox told reporters yesterday. You'll hear more from us on that, and the SEC's XBRL push.

But the obvious and pressing question: What to call EDGAR's successor? EDGAR, any finance geek should know, stands for Electronic Data Gathering and Retrieval system.

So who should come next? We pretty much agreed that it ought to be a girl this time.

My suggestion? How about IDA for Interactive Data Analysis? That would seem to hit all the chairman's favorite buzzwords, while not discarding the government's unique ability to make the latest and greatest technology investments sound like close friends of your grandparents.

Then again, given the XBRL emphasis, maybe XENA would be better: the XBRL-Enabled Number Analyzer. That would be sexier, anyway.

Any other suggestions?

Comments (7)

Comments | Post a Comment
How about this suggestion:


F - Financial
A - Adoption (of)
C - Common
T - Tagged
R - Reporting
Posted by Garret Jacobs | September 27, 2006 11:23am

Data Integrated and Numbers Extracted ? DIANE

Numbers Integrated Over Many Indices ? NAOMI

Really Understanding Truth Hurts ? RUTH
Posted by CFO Staff: Julia Homer | September 27, 2006 12:07pm

"Jim" sent this to me via e-mail:

How about "BABS" for "Bulletins About BS"

Aw, c'mon, you know "BS" stands for "Bad Stuff"

Posted by CFO Staff: Tim Reason | September 27, 2006 01:21pm

I foresee a three-phase roll-out:

IF: Interactive Fumbling
IFFY: Interactive Filing of Financial Yearnings
IFFY-ER: Interactive Filing of Financial Yarns and Earnings Restatements
Posted by Scott Leibs | September 27, 2006 04:48pm

How about the "X-Files" (copyright/trademark issues aside...)
Posted by Edith Orenstein | September 28, 2006 10:05am

What about Xerxes?

As in,

XRBL Enabled Regulated Exportable Electronic System

Sure the second x isnt the first letter of exportable but you try finding another X word that makes any sense.

I was going to go with Xenophobic but I thought it may have left a sour taste in the mouths of foreign investors.
Posted by Matthew Iandolo | September 28, 2006 04:17pm

Crunching Hurts, Report Interesting Stuff!
Money On Number Analysis
Xtra Consumption In The Extreme
Posted by Stephen Bagley | September 29, 2006 01:12pm

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