Bolagsverket event 28/11/2016 Event –Invoke Presentation 5 Invoke XBRL Expertise Invoke XBRL approach Invoke XBRL membership • Direct member XBRL international • Member XBRL

Bolagsverket Event – Invoke Presentation

Bolagsverket event – 28/11/2016

Presentation från INVOKE

Antoine BOURDAIS

Bolagsverket Event – Invoke Presentation 2

Corporate overview

Regulatory reporting specialists

Software company founded in 2001 Headquartered in France with offices

in the United Kingdom, Luxembourg, Sweden and Portugal

110 employees

3 business lines Tax reporting

Group reporting

Regulatory reporting

Renowned regulatory expertise In-house team of domain experts

Trusted provider to both supervisoryauthorities and industry


Who are our clients ? Financial Services

Supervisoryauthorities

Insuranceindustry

Banking sector


Food Industry Textile Capital goodsIndustrial

goods

Pharma. &

CosmeticsTransport Distribution Services

Media /

Entertain.

Who are our clients ? Other sectors


Invoke XBRL approachInvoke XBRL Expertise

Invoke XBRL membership• Direct member XBRL international• Member XBRL Europe• Member XBRL US• Founding member XBRL France

XBRL working groups and conferences• Member of a lot of XBRL working groups

(International, Europe…)

• Sponsor of XBRL international conferences since 2007

• Regular sponsor of other XBRL events

Added-value• Unique alliance of technical and business

expertise

Our mission statement

Provide XBRL Solution that are :

• user-oriented• easy-to-implement• Generic• relevant to every user profile

Our approach: Making XBRL accessible to all


The XBRL Experience

Business PeopleTech Guys

XBRL

A « data-centric » technical standard

for

« table-centric » business users


The XBRL Experience

A unique standard

A variety of business domains

Market Authority

Banking Supervisory Authority

Insurance Supervisory Authority

Business Register

Tax Authority


The XBRL Experience

The key role of the taxonomy

Visualisation of XBRL Data ?iXBRL vs XBRL (table linkbase)

Which business templates ? Fixed tables – Open/Dynamic tables – Text ?

Business controlsUsage of XBRL formulae ?

Taxonomy modellingDPM approach ? Multidimensional ?

Filers classificationHow many entry points ?

ComparabilityExtension of closed taxonomy ?


A unique core component…

A generic, dynamic XBRL web spreadsheet

• User-friendly

• Familiar to business users

• Calculation and formatting features




• Natively XBRL

• Each cell is an (XBRL) object



• Data-model driven

• Taxonomy-driven




• Support of typed dimensions

• Dynamic rendering





• Available through a regular web browser


Our solution – 3 approaches for supervisory authorities

« Specific » Approach

« Standard » Approach

« Strategic» Approach

XBRL Components Data collectionData collection &

Data analysis

For which needs

■ Component approach to integrate the missing XBRL technology bricks into an existing information system

■ Out-of-the-box web portal to manage and monitor the disclosureprocess of the regulatoryreports

■ Complete reportingplatform to manage the regulatory reporting and data Business Intelligence analysis

Solutions

Description

XBRL components suite composed of:

■ XBRL Designer: Design of XBRL templates from anytaxonomy

■ XBRL Reader/Writer: Web spreasheet to render or create XBRL instances through the XBRL templates

■ XBRL Validator: processing of XBRL validation

■ XBRL Analyzer: XBRL BI capabilities

■ Centralization of regulatory reports collected in XBRL, Excel, PDF, Word, etc.

■ Monitoring of the data collection processaccording to the regulatorycalendar

■ Rendering of the XBRL instances through the business templates

■ Processing of the XBRL validation (includingformulae for the business rules validation)

■ Versioning and archiving

■ Centralization of regulatory reports collected in XBRL, Excel, PDF, Word, etc.

■ Monitoring of the data collection processaccording to the regulatorycalendar

■ Customisable Business Intelligence platformmatching the XBRL architecture

■ Event Manager to customize workflows and automatic tasks

■ Versioning and archiving


« Tactical» Approach « Strategic» Approach

For which needs

■ Web portal (hosted or in-house) to produceregulatory reports fromExcel files and/or manualkeyboarding

■ Complete reportingplatform to produceregulatory reports and manage the disclosureprocess

Solutions

Description

■ Collaborative application■ « Excel to XBRL »

conversion - Manual data entry

■ XBRL Validation■ Management of

national-specific technical requirements

■ Monitoring of the disclosure process

• Regulatory calendar• Process statistics /

progress bars

■ Automatic upload of data coming from source systems or Excel files

■ Workflow to manage the collaborative production process

■ Business controls■ Production of regulatory

reports, narratives and customized reports

■ Monitoring of the XBRL disclosure process

Our solution – 2 approaches for regulated entities


Our solution – How it operates ?


Supporting the full lifecycle of supervision

■ Centralisation of regulatory reportsUpload of XBRL files or Excel files

Other format (Word, PDF, XML…)

Manual or automatic upload (U2M or M2M)

Approval (electronic signature option)

■ User-friendly approachIntuitive regulatory calendar management

Error-handling directly linked to the tables

Visual & XML feedback provided to users

■ Easy to maintainJust one file to import to update the wholesystem in case of changes to a taxonomy (Kit)

Possibility to automate 100% of the file workflow with automated extraction to a BI tool

■ ArchivingVersioning and report archiving

Complete audit trail of user actions


Live Demo : Invoke e-Regulatory portal


Live Demo : a puzzle game

Supervision through the e-Regulatory« XBRL Gateway » Controlling and administrating submissions

Monitoring of received files

Submission through the e-Regulatory« XBRL Gateway » Excel format

XBRL Format

Automatic upload

Pure XBRL configuration From an XBRL taxonomy to the XBRL

Gateway thanks to Invoke XBRL Designer

Our differentiators • Invoke’s DNA• Internalization of Subject Matter Expert teams

(regulatory watch, tax experts, …)

• A close, day-to-day collaboration with regulatorybodies and regulated entities

• Pioneering innovative technological choices & an enduring commitment to furthering new standards (XBRL Experts)

• More than XBRL technology bricks to address the different needs of our clients

• XBRL reporting solutions already trusted by numerous international clients

• Standard product approach: same tools for all ourclients. We value clients loyalty: we never charge them for new releases.

• Easy-to-maintain software solution in case of anyregulatory evolution

Antoine [email protected]

Bolagsverket event 28/11/2016 Event –Invoke Presentation 5 Invoke XBRL Expertise Invoke XBRL approach Invoke XBRL membership • Direct member XBRL international • Member XBRL

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