Accurate XBRL conversions for FINREP reporting
Using our robust and reliable XBRL conversion technology, you can transform your Microsoft Excel CRD IV templates into XBRL format at the click of a button. Simply populate the pre-tagged templates like any other spreadsheet, upload to our secure portal, then convert and download your XBRL file ready for submission to your regulator.
With our roll forward functionality, you can easily adopt new templates when they are released without rekeying all of your old data. After you’ve uploaded and converted your file, our secure portal will check your submission against the EBA’s validation rules, giving you confidence that your return will be accepted first time.
If you do wish to check your returns again, you can convert your XBRL file back into a human readable format, giving you total assurance prior to submission.
With no installation, full compatibility with Microsoft Excel and accurate XBRL conversions, it’s no surprise that Arkk Solutions’ FINREP tool is the most widely used solution in the UK.
We also offer our XBRL viewer as a stand-alone service. Simply upload your XBRL files and convert them back into a human readable format for a final audit before submission to the regulator.
If you are reporting to the FCA we also offer the High Earner’s Report as part of our FINREP solution.
PRA reporting: Income Statement and Balance Sheet
From January 2018, any firms currently submitting Forms FSA001 and FSA002 will need to submit FINREP templates to the PRA. Please get in touch with our team today to discuss your requirements.