Skip to main content

S+P XBRL Compliance Transformation: Efficient solutions for investment firms

S+P XBRL Compliance Transformation: Efficient solutions for securities institutions

With S+P XBRL Compliance Transformation, we offer a tailor-made solution for the transformation and submission of your regulatory reports in XBRL format. Our services are specifically designed to support securities institutions (SPIs) in their ongoing compliance with the new IFR reporting requirements.

Our services at a glance

  • Complete XBRL transformation : We take care of converting your Excel-based reports into the new XBRL format required by the EBA and the Deutsche Bundesbank.

  • Regular reporting review and submission : Our team ensures that your reports are submitted to the Deutsche Bundesbank on time and without errors. This includes quarterly and annual reports in accordance with the requirements for Class 2 and Class 3 investment firms.

  • Compliance and risk management : We provide comprehensive support in complying with legal requirements, minimizing potential risks and ensuring that your reports comply with regulatory standards.

Your benefits with S+P XBRL Compliance Transformation

With the S+P XBRL Compliance Transformation, we support investment firms in meeting the requirements of XBRL reporting efficiently and in compliance with the rules. As of December 31, 2023, all securities institutions in Germany must submit their regulatory reports to the Deutsche Bundesbank in XBRL (eXtensible Business Reporting Language) format. This change requires a reliable and precise transformation of financial data and reports that meet regulatory requirements.

Our tailor-made services provide you with the security you need to easily meet the regulatory requirements of the Investment Firm Directive (IFD) and the Investment Firm Regulation (IFR).

815,– €

plus VAT

monthly

Class 3 Investment firm

1.650 €,–

plus VAT

monthly

Class 2 Investment firm

Inquire now

Three steps to S+P XBRL compliance transformation: inquiry, offer, conclusion!

Make an inquiry

Simply contact us to discuss your specific XBRL reporting requirements.

Get an offer

Based on your request, we will create a tailor-made offer that is perfectly tailored to your needs. 

Conclude an outsourcing contract

The outsourcing contract ensures compliance with all regulatory requirements and optimizes your reporting processes.

S+P XBRL Compliance Transformation: Your secure and efficient solution for XBRL reporting

With S+P XBRL Compliance Transformation, you benefit from a tailor-made outsourcing solution that supports securities institutions (SPIs) in meeting regulatory reporting requirements in XBRL format in a compliant and efficient manner. 

Our solution enables you to manage your compliance requirements and optimize your reporting processes while you focus on your core business functions.

Increased efficiency

S+P XBRL Compliance Transformation relieves your team by taking over the entire conversion process.

This way, you can be confident that your reports are always submitted correctly and on time without placing undue strain on your internal resources.

Risk reduction

Our solution helps you minimize compliance risks.

We ensure that your reports comply with regulatory requirements so that you avoid potential penalties or violations.

Automated reporting

With S+P XBRL Compliance Transformation, we take over the ongoing preparation of your XBRL reports for equity, liquidity and concentration risks.

This means you can be confident that reporting requirements will be met, both for quarterly and annual reports.

Risk management and compliance

Our experts support you not only with the technical implementation of the XBRL requirements, but also with compliance with the regulations according to the Investment Firm Directive (IFD) and Investment Firm Regulation (IFR).

Adaptability

S+P XBRL Compliance Transformation adapts to your specific business processes.

Our solution is flexible and scalable so it can be seamlessly integrated into your company, regardless of size and structure.

Security and data protection

We ensure the security of your financial data with strict data protection policies and state-of-the-art security technology, so your reporting processes are not only efficient but also secure.

Inquire now

Concentrate on your core business – we will take care of your XBRL reporting!

With S+P XBRL Compliance Transformation, you have a reliable solution for meeting your reporting obligations precisely and in compliance with the rules. Contact us to learn more about how we can optimize your reporting processes and support your company.

Contact us to learn more about how we can optimize your reporting processes and help your company comply with XBRL requirements.

S+P XBRL Compliance Transformation

FAQ: Your questions, our answers!

  • What is XBRL and why does my company need to switch to it?

    XBRL (eXtensible Business Reporting Language) is an internationally recognized standard format for the electronic transmission of financial reports. As of December 31, 2023, all investment firms in Germany must submit their regulatory reports to the Deutsche Bundesbank in XBRL format. XBRL improves the accuracy and efficiency of reporting as it enables automated validation of data and facilitates compliance with regulatory requirements.

  • How does S+P XBRL Compliance Transformation support my company?

    S+P XBRL Compliance Transformation takes care of the complete conversion of your current reporting to the XBRL format. We offer an automated, efficient solution that ensures that all reports are submitted to the relevant authorities correctly and on time. Our service includes data conversion, regular reporting and training for your team to ensure long-term compliance with all regulations.

  • Which companies benefit from S+P XBRL Compliance Transformation?

    Our solution is aimed at investment firms in Germany that are affected by the new reporting requirements in XBRL format. Companies of all sizes – from small to medium-sized securities institutions – can save costs and ensure that all regulatory obligations are met by outsourcing their XBRL reporting.