Strix now speaks XBRL.
A major convenience for form fillers who are XBRL-lingual.
Now available: Our new Strix™ XBRL Add-on.
The innovative solution for financial institutions.
With the new Strix™ XBRL Add-on, we offer a powerful software solution specifically designed to optimize the reporting process for regulators. This add-on complements our Strix™ SupTech solutions and extends the Data Collection Module (DCM) with the ability to create and process surveys in XBRL format.
Key Benefits for STRIX™ users with XBRL:
- Increased convenience for users filing XBRL-enabled reports
- Reduced reporting times and faster data processing for regulators
- Process large amounts of data without compromising on performance
- Integrated taxonomy generator that automatically creates an XBRL taxonomy for each survey
This add-on module not only automates the creation of the taxonomy, but also allows users to upload their reports to XBRL instance files, pre-populating the majority of data fields automatically. This saves time and reduces the risk of errors, especially for regularly recurring reports.
Key Benefits for STRIX™ users with XBRL:
- Increased convenience for users filing XBRL-enabled reports
- Reduced reporting times and faster data processing for regulators
- Process large amounts of data without compromising on performance
- Integrated taxonomy generator that automatically creates an XBRL taxonomy for each survey
This add-on module not only automates the creation of the taxonomy, but also allows users to upload their reports to XBRL instance files, pre-populating the majority of data fields automatically. This saves time and reduces the risk of errors, especially for regularly recurring reports.
Main features:
Automatic taxonomy creation
With each new survey, the DCM automatically creates an XBRL taxonomy. This facilitates the submission of structured data and saves users time.
XBRL instance files
The add-on enables the submission of XBRL instance files that automatically populate a variety of input fields in the DCM form.
Increased efficiency
Especially for regularly recurring surveys with minimal changes, the use of XBRL saves users a significant amount of time.
Versatile data formats
The add-on supports a variety of data types, including numeric, textual, binary and country-specific data.
Strix™ XBRL Add-on:
The perfect solution for the financial sector.
Developed for financial institutions, Strix™ XBRL Add-on provides seamless integration with Strix’s Data Collection Module, a web platform for survey submissions. Form fillers uploading with XBRL will have efficiency benefits that are recurring with each reporting cycle.
XBRL files may be produced in an automated way using compatible XBRL engines, dramatically reducing the future reporting burden of an entity.
Take your reporting to the next level.
Contact us for consultation:
office@ft-solutions.com
T: +43 1 890 87 17-0