TagPay, editor of a next-generation Core Banking System (CBS) and Invoke, European leader in financial, tax and regulatory reporting solutions, announce that they have signed a partnership aimed at offering Fintechs and Neobanks the latest generation regulatory reporting solution and support the digitization of business challenges.
We are pleased to announce that Invoke Software UK is now recognised as providing appropriate electronic reporting facilities for Bank of England Statistical reporting!
Reporting Technology, Analytics, Standards and Strategy are the main topics that industry leaders will discuss during the Data Amplified conference, which will take place in Dubai, November 13-15, 2018.
The PRA decided to integrate the “MREL reporting” data item into the Bank of England Banking XBRL taxonomy. This new reporting will be effective from 1 January 2019 for certain firms.
Invoke responds to new reporting requirements including the new “Pillar 2 liquidity” data item, published in the extended version of the Bank of England Banking taxonomy.
The new cross-border resolution mechanism in the Banking Union results in a host of new challenges for both the banks and the National Resolution Authorities (NRAs) with regard to reporting requirements.
To enable CRD IV firms in the UK to respond rapidly and regularly to new reporting requirements, Invoke has extended its product line to the Bank of England (BoE) taxonomy, related to PRA 101 - 103 and PRA 104 - 108 reports.
As Europe’s reference in matters of banking regulatory reporting, the software provider Invoke meets AnaCredit’s granular reporting requirements with its multi-framework reporting solution Invoke Regulatory.
Also nominated for "Best Regulatory Reporting Software", Invoke has won "Best Data Solution" competition at the Insurance ERM Awards.
Invoke, a European leader in financial, regulatory and tax reporting software, announces the establishment of its fully-owned Portuguese subsidiary, thus expanding its European footprint to the Iberian Banking and Insurance markets.