EDGAR Online and Zephyr Financial Intelligence announced that they have formed a strategic alliance that will bring a suite of XBRL 2.0 analytical tools to market. Through this partnership, Zephyr will design, build and deliver an assortment of custom analytical tools powered by EDGAR Online’s robust database housing 10+ years of financial statement data in XBRL format from more than 12,000 companies.

Bryan Feinberg, CEO of Zephyr, stated, “EDGAR Online’s unparalleled XBRL data and Web-based platform enables us to build state of the art solutions for our clients. XBRL is actually an enabling technology for all investors - from the person who dabbles in the capital markets through their 401K plan to the analyst who works at the equities desk for an institutional investment company. XBRL allows users to slice and dice data as they choose and holds the potential to unleash new views of risks and opportunities to the user.”