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DataTracks Plans Next Version of Rainbow Software, Featuring Artificial Intelligence and Machine Learning

August 12, 2019 / EnterpriseTalk

DataTracks, a global leader in providing cloud-based software application for the preparation of compliance reports, announces plans for the next version of its Rainbow software, featuring artificial intelligence and machine learning capabilities. Singapore-based DataTracks is a global leader in providing software and services to help business enterprises prepare and file compliance reports with regulators (such as SEC in the United States). DataTracks counts more than 16,600 clients in 24 countries. Rainbow 3.0, the current version of the software, links to financial books, draws financial and other data into a depository, facilitates writing of compliance reports in a collaborative manner using the data in the depository, facilitates defining data by associating each piece of data with a definition concept in a public or private taxonomy, and facilitates extraction of output in iXBRL, XBRL, HTML and PDF formats for filing with regulators and for printing/publishing to stakeholders. T...