Private Financial Statement Data

StatTrading

The concept of StatTrading is that creators and users of financial statements both demand and supply statistics. By networking creators and users via an anonymous exchange, the supply of statistics becomes one with the demand for statistics.

By licensing StatTrader to CPAs for use by their clients, clients will get an additional CPA service in the form of comprehensive and relevant benchmarking statistics (See Benefit to your firm). And, by inviting and or enrolling their client’s bankers and investors into the service, CPAs can control the distribution of their client’s confidential information while also collecting debt capacity, debt structure and valuation statistics, which is entered by bankers and investors in exchange for statistical averages from these entries (i.e., StatTrading).

Private Financial Statement Data

StatTrader’s system enables the confidential storage of private financial statements under the new XBRL standard, enabling uniformity in statistical computation. Confidential information or any specific data of a Member is secured and encrypted under the Licensees’ username and an encrypted password. StatTrader cannot access this data (See Security).