London, Nov 4, 2016: DataTracks, a global leader in regulatory reporting solutions, has been selected by Intelligent Money (UK) for COREP and FINREP reporting to the Financial Conduct Authority (FCA). Intelligent Money has chosen the DataTracks CRD IV solution over others in the market as it is easy to use, quick to implement and reliable. Our DataTracks XBRL experts guided them throughout the filing process and ensured a successful filing with FCA.
Ian D Stewart, the Executive Director of Intelligent Money, states: “We worked with the incredible assistance of DataTracks to ensure we successfully filed our FINREP/COREP report with the regulator. We found DataTracks solutions easy to use. Their Technical Support team were knowledgeable, easy to work with and assisted us round the clock to ensure we filed the report on time and without errors. All this at a competitive price point. Our experience has ensured we will have no hesitation in using the services of DataTracks on an ongoing basis.”
Dominic Savio, Vice President of Business Development (EU), said: “We are glad that our expertise and experience in regulatory reporting enabled the process of filing COREP reports smoother for Intelligent Money. Our client’s success demonstrates our commitment to deliver easy-to-use solutions, expert guidance in regulatory reporting and prompt support.”
The CRD IV reporting solution from DataTracks comprehensively addresses all the reporting requirements of the CRD IV framework (COREP and FINREP reports including LCR, LE, LR, NSFR, ALMM, funding plans and asset encumbrance). The solution is designed to integrate with the client’s systems and automate data consolidation. It supports multi-jurisdiction and multi-user workflow with a granular audit trail and ability to compare different versions through an intuitive user interface. The single-platform reporting solution also caters to regulations such as Solvency II, AIFMD Annex IV, FATCA/CRS and Form PF. DataTracks’ decade-long experience in developing solutions for regulatory reporting provides our customers with the confidence to submit their regulatory reports accurately and in a timely manner.
About DataTracks: At DataTracks, we assist our clients in preparing error-free regulatory reports, in time and with minimal effort. DataTracks prepares more than 12,000 XBRL statements annually for filing with regulators such as SEC in the United States, HMRC in the United Kingdom, Revenue in Ireland, ACRA in Singapore, MCA in India and EU regulators such as ESMA, EBA and EIOPA. Our solutions and services are designed to ensure quality, reliability, security and ease of use.
Media contact: T R Santhanakrishnan, email@example.com +1 (908).379.8788
DataTracks prepares more than 14,000 XBRL statements annually for filing with regulators such as SEC in the United States, HMRC in the United Kingdom, Revenue in Ireland, Eurofiling compliance reports in Europe, ACRA in Singapore and MCA in India. Honed by our experience of preparing more than 185,000 compliance reports, our solutions and services are designed to assure quality, reliability and ease of use.
The EBA continually strives to update the reporting framework for improved consistency and quality of financial reports being submitted. In its efforts to do so, EBA has published a new reporting framework, updating the mapping of quantitative disclosure data and supervisory reporting. This framework is an update of reporting framework 2.10, which aims to foster […]
FCA Pushes Back Mandatory Requirements Related to ESEF by a Year The FCA (UK Financial Conduct Authority) has set back the mandatory requirements related to the ESEF (European Single Electronic Format) by one year. These ESEF initiatives were supposed to include:- ● Reporting requirements for preparation and filing of machine-readable financial statements. ● Electronic tagging […]
Even though there are several CRD IV reporting solutions available in the market, error-free CRD IV reporting is a major challenge for many organisations across the EU. Firms are facing stringent deadlines and plenitude requirements from the EBA (European Banking Authority), including new digital finance strategy, stricter rules in appointing directors, and much more. And […]