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Fujitsu Interstage® XWand® Selected as XBRL Engine for SAP® BusinessObjects™ Disclosure ManagementSUNNYVALE, Calif., July 25, 2016 /PRNewswire/ -- Fujitsu today announced that its comprehensive, market-leading XBRL software offering, FUJITSU Software Interstage XWand, is included in the SAP® BusinessObjects™ Disclosure Management application, which is available worldwide. Interstage XWand supports the efficient development and delivery of state-of-the-art, end-user-driven specific XBRL capabilities in areas such as extension, mapping, tagging, validation, generation, visualization and creation of financial statements and regulatory filings, in electronic format and in accordance with XBRL standards. Interstage XWand is the product of pioneering efforts by Fujitsu to evolve the XBRL standard. With advanced technological capabilities, superior performance and strict standards compliance, the Fujitsu XBRL engine has been employed by financial institutions, software and service providers, regulatory organizations and companies in over 50 countries worldwide. The adoption by SAP supports the reputation of Fujitsu as a leader in this increasingly important field, as financial compliance guidelines around the world continue to grow more complex and more stringently enforced. "Partnering with SAP to incorporate Interstage XWand into SAP BusinessObjects Disclosure Management was a natural fit from the start," said Joseph Hnilo, VP of Software at Fujitsu America, Inc. "We share with SAP the same passion – and track record – of delivering second-to-none solutions to customers in a wide variety of industries. Combining our strengths and expertise enables us to address customers' key needs in the disclosure management arena. We look forward to continuing to build on our success to provide the best-in-class solutions that help solve those needs." "We are pleased to offer our customers the exceptional functionality of Interstage XWand, a solution that we consider to be the most complete XBRL engine on the market today," Kirk Anderson, VP product strategy, Analytics, SAP. "At SAP, our highly successful partnership with Fujitsu spans a diverse range of products, solutions and industries. That's why we have confidence in our decision to implement Interstage XWand into our disclosure management solution – a tool set trusted by customers over the world for fast financial closing, collaborative disclosure control and robust compliance." The Interstage XWand solution gives users a number of powerful yet easy-to-use tools, enabling them to:
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