Founded in 2004, IPHIX is a leading provider of consulting and training services for adoption and use of XBRL, XBRL GL, and other XML-based standards.
As an advisor to financial regulators around the world, IPHIX is playing a key role in the national projects that are trail-blazing XBRL adoption. These include the Standard Business Reporting (SBR) programs of the Netherlands and Australia, as well as the financial and insurance reporting regimes of the Bermuda Monetary Authority.
The expertise IPHIX has developed through these commissions underpins its training courses, which teach the latest tools and techniques in the XBRL sphere. At its training center a few miles from Washington, DC, thousands of financial, regulatory, and IT professionals have taken advantage of IPHIX’s proprietary, CPE-qualified courses in XBRL, XBRL GL, and related XML subjects.
IPHIX’s knowhow is bolstered by the research and writings of its founder, veteran IT consultant and software developer Gianluca Garbellotto, an XBRL pioneer and one of its top authorities. Mr. Garbellotto’s positions of leadership in XBRL International (XII), the standards-settings body of XBRL, and the broader financial community provide him with exceptional insight on both the standard’s potential and its limitations. His appointments have included:
- Chair of the XBRL Global Ledger (XBRL GL) Working Group (since 2007)
- Member, XBRL Standards Board, or XSB (2006 — 2008)
- Member, XII Abstract Modeling Task Force, chartered with the creation of a UML model of the XBRL 2.1 and XBRL Dimensions 1.0 Specifications (since January 2011)
- Member, XII Taxonomy Comparability Task Force, charged with creating a set of use cases, UML models, and other artifacts to support XBRL taxonomies comparability (since May 2011).
- Member, US delegation to the United Nations Centre for Trade Facilitation and Electronic Business, or UN/CEFACT (since 2008).
- Member, Institute of Management Accountants XBRL Adoption Committee (since 2009).
Mr. Garbellotto is now launching the Deeply Embedded XBRL Toolkit (DEXT) initiative, designed to promote and enable the adoption of XBRL for internal use by companies and businesses. The ideas and proposals set forth in DEXT promise to transform XBRL GL from a “nice to have” resource to an essential component of the information infrastructure of organizations. Given its long-time experience and knowledge of the field, IPHIX is uniquely positioned to help companies that seek to leverage their mandated investment in XBRL for external reporting through internal reporting capabilities as well.