Data Integration

The ability to update one field and have it automatically synchronize between multiple databases, such as the automatic/seamless transfer of client information between all systems. In this instance, only the data flows across systems from platform to platform or application to application. Data Integration also involves the application-neutral exchange of information. For example, the increased use of XBRL (eXtensible Business Reporting Language) by companies worldwide provides for the seamless exchange and aggregation of financial data to meet the needs of different user groups using different applications to read, present, and analyze data.