XBRL Reporting for Banks
Generate EBA CRD, SRB and local banking reports with our simple and effective XBRL software tools.
CRD and SRB Reporting Challenge
The European Banking Authority’s CRD/CRR regime and other regulatory reporting frameworks have substantially grown over recent years. The pace of change to these reporting requirements is expected to continue, in terms of both the regulations and the reporting format, XBRL.
However, the changes also present banks with an opportunity to further automate their existing reporting systems which are struggling under the strain of the increased data requests and demand for higher-quality reports. In fact, using XBRL in the right way could help improve the efficiency of existing processes and result in fewer errors.
OUR SIMPLE CRD and SRB Solution
Key elements of any successful regulatory reporting system for banks are that it is simple and easy to use, adapts quickly when new regulations are published, and enables users to identify and fix any compliance errors when reporting deadlines are tight. UBPartner’s flexible template approach embedded in its proven and fully certified XBRL Toolkit (XT) delivers all of this and more.
UBPartner provides Taxonomy Packages for all the leading bank reporting frameworks, such as:
- EBA’s CRD
- IFR/IFD for Investment Banks
- SRB SRF and RES
- Numerous local, National Specific Templates.
2025: XBRL-CSV REPORTING
From 2025, the EBA is requiring local National Competent Authorities (NCAs) to submit CRD reports in a new XBRL format, XBRL-CSV. UBPartner expects that most NCAs will request that banks provide their reports in the new format.
xBRL-CSV enables large datasets to be collected in a simpler way than the current xBRL-XML format and significantly reduces file size.
UBPartner has been an active member of the XBRL-CSV working group and has already certified its XBRL Processing Engine (XPE) and tested validation of the new EBA format and XBRL-JSON.
See certification announcement for more information.
UBPartner XPE Certified for new XBRL OIM formatsImplementing a new framework or new versions is as easy as loading the Taxonomy Package and the system is ready. If you decide to use our XT Cloud Service then it is even easier, as UBPartner loads and maintains everything for you. Users also get full feedback via easy-to-use reports that provide both summary and detailed validation reports. The details can even be seen in the business templates enabling you to fix compliance issues fast.
LET’S DISCUSS HOW WE CAN HELP YOUR PROJECT !
Contact us to find out more about how we have helped over 600 banks and insurance companies in Europe to deliver simple XBRL Reporting!
OUR CRD4 and SRB APPROACH
Pre-Mapped Templates
Our solution offers pre-mapped Excel or CSV templates, plus the tools to convert and validate them into XBRL. As the compliance rules change, you will have access to the most up-to-date templates.
Error identification
The UBPartner tools are based upon a powerful and fully certified XBRL Processing Engine, yet also provide simple User reports to help track down errors quickly and efficiently.
Flexible Deployment
Our XBRL Toolkit (XT) can be deployed as an Excel Add-in, as a local Portal interface or by embedding the XT SDK in an existing application. It can also be accessed via the XT Cloud Service (SAAS) and UBPartner will manage it all for you.
Find out more about our unique XBRL technology and how it can help you
XT Cloud service
XBRL Toolkit (XT)