Having dedicated the equivalent of over 15-person years to the development of a unique suite of native XBRL applications for managing the entire regulatory data value-chain for COREP and FINREP (that covers creating, visualizing, editing, validating, storing and re-using XBRL instance documents), Invoke has all the functional, technical and domain experience needed for advising and accompanying firms in managing the transition to COREP and FINREP reporting in XBRL.

Europe’s CRD IV regime will substantially increase reporting requirements for banks in Europe, but will also enable firms to report more efficiently in future. At the same time, the overhaul is prompting firms to think about centralising and standardising data, which is also the cue for a rigorous evaluation of the technology used to support firms’ data strategies.