Certified manufacturer for "Report Consumption" software
With the "eXtensible Business Reporting Language" format regulatory authorities all over the world are increasing the requirements for electronic reporting. Our XBRL Engine creates high-quality reports for all existing taxonomies quickly and validly! The tested and guaranteed correct and complete validation is used by various regulatory authorities to control supervised companies. The slim and extremely high-performance programming API allows a smooth integration into existing systems for the creation, validation and evaluation of XBRL reports.
Your advantages with the AMANA XBRL Engine
The individual specifications in the overview:
The AMANA XBRL Engine is developed in Microsoft´s.NET Framework and thus offers various possibilities for recognizing, validation and creation XBRL instances and taxonomies. Numerous plug-ins allow easy application of analyses, Excel reports and GUI components in desktop and online applications. The generic approach means that any valid taxonomy can be processed directly in the software without modification.
- XBRL Specification 2.1
- XBRL Dimension Specification 1.0
- Generic Links, Labels, References 1.0
- Form 1.0
- XBRL Table Linkbase Specification 1.0
- XBRL Taxonomy Packages 1.0
- Inline XBRL 1.1
- Filing Rules Validator (EIOPA, EBA, SEC, FCA, ESEF, CIPC, etc.)
For developers, the XBRL Engine saves hundreds of development days because creating or validating an XBRL file requires only a few lines of code:
New XBRL taxonomies often lead to problems when creating XBRL reports. The engine provides comprehensive, easy-to-use tools that fulfil the demanding requirements of XBRL standards. Through our many years of experience with the XBRL specifications, we have developed a generic XBRL processor that can quickly and transparently create valid XBRL reports based on all taxonomies, whether ESEF, IFRS, GAAP and many more.
The latest requirements from SEC, HMRC, EBA, EIOPA and other regulators need to be implemented quickly and easily for XBRL to provide a real benefit. The user needs a high level of expertise to comply with all aspects of the XBRL specification. With the XBRL Engine, AMANA has a platform that simplifies the process and, through its user-friendliness, ensures that XBRL reports are created with the least possible effort. At the same time, the use of supervisory authorities such as the Liechtenstein FMA, Czech CNB and FCA in London testifies to the quality of the XBRL Engine as software for receiving and evaluating XBRL reports.
ESEF Plug & Play with the
AMANA XBRL Tagger
In our webinar, we will present our solution outlining the simple handling of report production and the automated tagging support feature based on artificial intelligence (AI) developed by AMANA, which significantly simplifies the creation of ESEF reports.
Referents: Nina Schüller and Janis Steinmann
Disclosure Management SmartNotes: End-to-end process to the annual report
Our Disclosure Management SmartNotes increases the efficiency in the creation of annual reports and iXBRL reports and helps you to implement the ESEF requirements. You work with SmartNotes from the first data import, through the input of corrections, to the publication of the annual report in a print-ready layout without media discontinuity. Our Disclosure Management System relieves you of the manual work steps so that you can concentrate on essential content.
Referents: Björn Bielesch and Nina Schüller
A major German bank uses the AMANA XBRL Engine to generate its FINREP/COREP reports. AMANA has developed a web service (‘XBRL Bridge’) that can import data from the ‘Financial Data Warehouse’ (Oracle database) in order to generate XBRL instances from them. In addition, the instances can be validated (XBRL Formula Validation + Custom Validation) and visualised (Excel reports). The XBRL Bridge of Deutsche Bank is accessed via a web-based interface (Java).
Currently over 80 users work with our solution. To date, hundreds of FINREP|COREP|AE instances have been transmitted using the XBRL Bridge by all European group entities. Among the recipients of the XBRL reports is the Bundesbank as well as the FCA in the UK, the Banco de Portugal and others. Deutsche Bank was the first bank in Europe to submit the reports on time.
We worked closely with the authorities to optimise the new process. The ECB referred explicitly to the largest XBRL report submitted by the Deutsche Bank in November 2014 – because it overtaxed the undersized systems of the ECB.
MULTIBANK is a foreign banking system of the PASS Consulting Group; it is a user-oriented core banking system for private banks and foreign banks. Based on Microsoft Dynamics NAV®, it provides modular support for the specific requirements and complex processes of a bank. The AMANA XBRL Engine is used for FINREP|COREP reports. By integrating the AMANA XBRL Engine ‘invisibly’ in the core banking software, PASS Consulting offers its clients a perfect ‘in-house’ solution. Over 20 banks have implemented the PASS core banking software today, using our processor to send their monthly and other required European XBRL reports. We played a coaching role for the PASS Consulting employees responsible for the client implementations. Thanks to this multiplier effect our product was quickly adopted by many banks.