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National Bank of Romania Fulfills Basel III and EBA Requirements with BearingPoint Solution
The National Bank of Romania (NBR) has implemented BearingPoint's standard software solution ABACUS/Regulator to comply with the new data collection and remittance requirements of the European Banking Authority (EBA). With BearingPoint's rapid deployment data collection platform, NBR can quickly collect financial and risk data from Romanian banks and submit the requested data to the EBA in due time.
Best to start early for XBRL Solvency II reporting
The first Solvency II reporting in France has been a success for around 75 insurers who chose Vega® – Milliman software, which is based upon UBPartner’s (http://www.ubpartner.com) XBRL reporting tools. The advice to firms who are preparing to adopt XBRL reporting over the next year is to follow their lead, select a supplier with in-depth reporting knowledge, proven software systems and don’t delay in getting started on the process.
CoreFiling’s XBRL Disclosure Management Platform™ Proving Its Worth at the Bank of Ireland
CoreFiling, the leading developer of XBRL software products for regulators and XBRL report filers, have announced that the Bank of Ireland has been using the company’s XBRL Disclosure Management Platform™ (XDMP) to meet its regulatory reporting obligations under the Capital Requirements Directive (CRD IV) since the start of the new filing regime in June this year.
AxiomSL Confirms its Regulatory Reporting Solution Supports Multiple Versions of the EBA’s XBRL Taxonomy Ahead of September COREP Filings
AxiomSL, a global provider of regulatory reporting and risk management solutions, has confirmed its platform is capable of handling multiple versions of the European Banking Authority’s (EBA) XBRL taxonomy for Common Reporting (COREP) and Financial Reporting (FINREP), as market participants in the UK prepare for September reporting requirements that will demand access to several iterations of the taxonomy.