Hassle - free compliance with the new IFR/IFD prudential regime
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Classification of investment firms
These firms are considered systemically important. They willcontinue to comply with Capital Requirements Regulation; CapitalRequirements Directive IV (CRR/CRD IV) regime.
Firms in this category are considered non-systemic. They will be in full scope of the IFR/IFD regime. Class II firms’ capital requirementswill be calculated using K-factors.
Class III investment firms are also considered nonsystemic. They will be in limited scope of the IFR/IFD regime.
For a smooth regulatory compliance with the highest quality & efficiency
IRIS iDEAL® acts as a bridge between the organization's internal data systems and the regulator's filling platform.
IRIS iDEAL® faciliates automated scheduling of XBRL document creation and report submissions with a one-time mapping of internal reportable data to the taxonomies elements
Data Extraction
Capable of extracting data from multiple source systems and from multiple file formats (CSV, Excel® etc). Also has the ability to process XML data directly for XBRL conversion.r content here
Validations
Built-in intelligent validations are executed at runtime to validate data against XBRL rules. Custom validations based on internal business rules can also be implemented prior to XBRL conversion.our content here
Mapping Data Elements with XBRL Tags
Has an intuitive mapping module that displays a regulator’s form (taxonomiy) and allows users to map extracted source data elements with a simple drag and drop operation.r content here
Email Notification
Triggers automated email notifications to authorised users giving the status of scheduled XBRL instance generation activity for the returns. your content here
Audit Trail
Tracks operations of users who have access to the iDEAL™ application for compliance purposes.ur content here
Scheduler
Allows users to schedule/ automate XBRL instance generation activity based on the reporting frequency. content here