22 Mar 2010

French banking group BPCE chooses Invoke solutions to meet the new French banking regulatory requirements (SURFI).

  • FAS Regulatory
  • e-Regulatory (banking)
  • Banking regulatory reporting
  • Banking
  • SURFI

Paris, March 22, 2010 - BPCE banking group signs with Invoke for the production of the group's consolidated SURFI disclosures, as well as for the centralization and monitoring of their entities' regulatory filings in XBRL format.

We were looking for a solution meeting two major requirements:

  1. Centralize the XBRL disclosures of all the group's entities, visualize them for validation, file them with the Banque de France and then archive them.
  2. Generate the group's consolidated statements in XBRL format and enable the same source data to be exploited in customized analyses for internal reporting purposes.
    During the benchmark, Invoke's global offering rapidly turned out to be a solution tailored to our needs.

Nathalie Lorthiois, BPCE Group CIO.