OneSource Extends XBRL-Delivered Coverage of Euro Companies
OneSource's API-delivered coverage of corporate financial content expanded this week as they announced the availability of company financial data from the UK and European markets via their AppLink API in eXtensible Business Reporting Language (XBRL)
format. Already providing comprehensive coverage of US and global company financials, the additional content should allow OneSource to better serve a wider array of analytic and sales support needs in European markets. More significantly, though, it begins to place OneSource into a league of financial analysis tools for international markets that is likely to become more appealing not just to sales-oriented functions but to financial institutions that are seeking up-to-date coverage of corporate financials for investment management in various applications. As aggregators search for more ways to provide value to their clients, new markets are likely to open up as aggregated content becomes easier to integrate into a wider array of purpose-specific portals and analysis packages.