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ParsePort XBRL Finance

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Product Description

XBRL Finance is our latest XBRL solution for European banking, insurance and pension companies that are required by law to deliver their FINREP, COREP or Solvency II reports in XBRL to the relevant authorities. Our XBRL Finance solution is a must have for financial companies reporting COREP, FINREP and Solvency II in the EU.

With our XBRL Finance solution, we have made it easy to report XBRL reports to authorities all across Europe.

How XBRL Finance works
Today, we offer two different solutions for converting COREP, FINREP and Solvency reports to XBRL.

The first solution - our Service solution - entails that you send your completed reports to us and we will convert them to an XBRL file that you receive shortly after. This file must then simply just be uploaded to your local authority's webpage. If you sign our free service agreement, we guarantee that you have a ready XBRL report back within 24 hours.

The second solution - our Converter solution - enables you to convert your data into XBRL on your own. This is because you will be granted access to the EBA Excel report sheets which we have pre-filled with XBRL codings. This means that you simply just have to fill out your data in the Excel sheet as usual, now it's just possible for you to convert the report to an XBRL file that is ready to be uploaded to the relevant authorities.
4 good reasons to choose our XBRL Finance

It's fast
It's safe - all data are always controlled and checked against the newest existing taxonomy
Simple pricing structure - you pay per. report or an annual subscription - depending on the chosen solution
Free support - by telephone and mail

XBRL Finance and safety
As well as all our other XBRL solutions, we have several contol instances to ensure that all COREP, FINREP and Solvency II reports are converted in accordance with applicable requirements and taxonomies. Our XBRL solutions is of course always updated with the latest taxonomies, and you will not be affected when taxonomies change as we integrate the changes inhouse, so it does not effect you as end user in any way.

Prices
The price structure for our XBRL Finance solutions are simple. You only pay for each report you convert, if you use our service solution or is charged a fixed annual subscription fee for access to our conversion tool. Please contact us for more information.

Tool Features

  • CRD IV Reporting
  • Data Aggregation/Publishing
  • Filing Preparation
  • Instance Document Creation
  • Instance Document Validation
  • Instance Document Viewing
  • XBRL Collaboration Tools
  • XBRL Processors/Software Libraries

Company Description

ParsePort XBRL
ParsePort is one of the leading vendors of XBRL solutions in the Nordics. All kind of companies uses our solutions, whether it is a small local accountant or a large international corporation.

We have XBRL solutions for common reporting (COREP), financial reporting (FINREP), international financial reporting standards (IFRS), generally accepted accounting principles (GAAP), Annual reports and Solvency II.

Our solutions are used across Europe, and we provide everything from a simple XBRL Service, where we handle the conversion process from start to end, to “do it yourself” solutions where the conversion process is done by users themselves.

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