Book a Demo

The Last Mile of CRD4 and SRB Reporting

Generate EBA CRD4 and SRB reports in XBRL with our simple and
effective software tools.

Regulatory reporting requirements for the banking sector continue to rise

The EU Capital Requirement Directive (CRD) and Capital Requirements Regulation (CRR) requires banks to provide a range of regulatory reports to European Banking Supervisors. The scope and depth of these data requirements continue to evolve and develop, hence, banks face the challenge of completing the reports in a timely and efficient manner while the reporting frameworks change underneath them.

EBA CRD4 Reporting

Adopting XBRL to Manage the Reporting Process

The EU has adopted the XBRL standard as a way of publishing the technical requirements about what needs to be reported and how to ensure that the data is to be checked. The European Banking Authority (EBA), the Single Resolution Board (SRB) and the European Central Bank (ECB) have each published XBRL Taxonomies for their specific regulatory framework and regulated firms.

Local Central Banks or National Competent Authorities (NCAs), such as the Bank of England (UK FCA), Banque de France and the Central Bank of Ireland have also published their own National Specific Taxonomies (NSTs) which provide additional data to meet local regulatory requirements.

XBRL Reporting

The adoption of XBRL is continuing apace as new reports and existing frameworks are converted into this single format. This offers regulators a single data platform through which to manage reporting frameworks and enables reporting firms to optimise and automate their reporting processes.

Simple and effective XBRL conversion

Adopting the right XBRL software to support the CRDIV and SRB frameworks, plus any local NSTs is a key element to any successful regulatory reporting framework for banks. The challenge is that these systems can be complicated and hard to manage and that too much time is spent on updating reporting systems when new regulations are published, or it is difficult to identify and fix any compliance errors when reporting deadlines are tight.

UBPartner’s flexible template approach and taxonomy management interface embedded in the XBRL Toolkit (XT) enables new taxonomy versions and modules to be implemented quickly and easily, while the summary and detailed validation reports combined with the ability to highlight errors in the templates enable you to fix compliance issues fast.

Pre-Mapped Templates

Our solution offers pre-mapped Excel-based templates and 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 simple User reports to help track down errors quickly and efficiently. Thus reducing time and costs

Flexible Deployment

Our XBRL Toolkit can be deployed on a desktop system via an Excel Add-in, on a local server using the XT Portal interface or by embedding the SDK in an existing application, plus it can be accessed via the XT Cloud Service (SAAS).

Investment Firm Reporting - EBA IFR and UK IFPR

The new EU prudential reporting regime for Investment Firms (IFR/IFD) comes into effect in 2021 and the UK's in 2022. This will place new regulatory reporting requirements on investment firms in XBRL. UBPartner's XBRL toolkit can help you get started.
Find out more about the IFR requirements and how UBPartner can help.

Want a closer look at the technology?

UBPartner’s XBRL Toolkit (XT) makes XBRL reporting simple and easy to update as the requirements change. It also delivers a range of options as to how to deploy the powerful range of XBRL software tools:

Desktop – XT Excel Add-in
On-premises Server – XT Portal
Cloud solution (SAAS) – XT Cloud Service
Developers – XT Software Development Toolkit (SDK)

Scroll Up