Highlights  

Regulatory reporting case
Read about the first full circle XBRL implementation for digital regulatory reporting.

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Features:

  • Complete solution
  • Rapid deployment
  • Includes report
    generation facilities
  • Integrated analysis
  • Open architecture

 

 
  Regulator Solutions 
 

Semansys introduces the end-to-end digital reporting solutions for regulators

 


XBRL enables a straight through process of generation, aggregation and analysis of business reports. Using XBRL induces a huge increase in efficiency, speed and quality. When your organization is involved in requesting, receiving and processing reports from external organizations, Semansys Regulator Solutions can help you reduce risks and save millions.

   
  Regulators can start now
 


Those who process large numbers of reports potentially benefit most from deployment of the reporting standard XBRL. Regulatory bodies, governmental institutions, chambers of commerce, statistical bureaus, Tax agencies, infomediaries, credit insurers and many others are looking at a bright future where reporting cycle times and manual tasks are reduced to a minimum and quality of data is increased to a maximum at the same time. Some have decided to draw that future closer and start implementing right now. Semansys is helping them do that.

   
  Software for the entire chain
 
To complete an entire reporting supply chain, using a standard as XBRL, one needs software applications to describe accounting standards (taxonomy), to generate reports, to send and receive them, to accumulate them in a repository or system and, optionally, to analyze the acquired data. It has been Semansys’ vision from the start to develop an application suite supporting all of these steps. As a result we are the sole vendor offering support for the entire chain. This includes a package enabling reporting entities to generate XBRL reports. A package that can easily be distributed by regulators to reporting entities, regardless their size and nature. This facility breaks through the chicken and egg dilemma: There is no more need to wait for the general adoption of XBRL! You can start right now!
 
  Features of our Regulator Solutions:
 
  • Standard out-of-the box solution for rapid deployment at low cost.
  • Includes solutions for report generation, no need to wait for general acceptance of XBRL.
  • Integrates seamlessly with available data systems and infrastructure.
  • Open architecture to integrate in available process management, document management and security infrastructure.
  • Integrated analysis functionality for common regulatory analysis, but completely open to alternative or available analysis facilities.

Contact us to discuss the possibilities of deploying XBRL for Regulatory Reporting today.

   


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