XBRL Services
Transform your business reporting with CoreFiling’s
industry-leading XBRL and iXBRL (Inline XBRL) services.
With over 20 years of expertise, we deliver tailored solutions for regulators, corporations, accountants and auditors, creating new filing programmes or ensuring compliance with existing mandates. From training and installation to consulting and building XBRL taxonomies, our services deliver streamlined structured data workflows which are automated and reliable.
To get XBRL to work for you…
XBRL Installation and Integration Services
Alongside our wide range of products and software solutions, we offer optional installation and integration services, enabling us to provide turnkey delivery to customers.
This service can be particularly useful for complex or larger projects across various jurisdictions where the integration demands of the XBRL software fall outside the speciality of existing contractors or outsourcers.
All our professional services staff are highly trained and experienced in the application of XBRL and Agile development standards. As with all aspects of CoreFiling’s business, we maintain high standards, with professional services and competitive pricing.
How Does It Work?
Our experts deploy and provision our flagship True North Data Platform (TNDP) for you. We configure the data collection, tagging or audit modules you require and work with you to integrate these into your estate.
- Installation and assistance with acceptance testing
- Configuration of federated security and single-sign-on
- Seamless integration with your software platforms through configuration and customisation
- Training for your staff to enable self-service maintenance
- Building bespoke services on top of the TNDP
- Flexible working to co-ordinate with the customer’s scheduling
- Skilled architects and integrators with many years of experience with reporting systems
- Dedicated project management and professional project documentation
XBRL Consulting Expertise
Recognising the strategic importance of XBRL data quality and process efficiency, our team of experienced project managers and technical consultants is uniquely positioned to offer XBRL consulting. We’re on-hand to deliver consulting that brings knowledge of taxonomies XBRL data and tried and tested solutions to your data collection and business reporting requirements.
Our deep expertise in XBRL reporting, provides practical analysis of how to set up, maintain and efficiently participate in reporting programmes.
- For our regulatory and government customers, we guide you through the introduction or modernisation of digital reporting programmes from project inception to business as usual.
- For our enterprise, accounting and audit customers, we bring best practice in compliance and automation to show how to get reporting done, efficiently and effectively.
- For software companies, we show how you can introduce XBRL features into your platform or product.
CoreFiling has delivered successful XBRL consulting projects in a variety of markets and helped many organisations in the banking and financial services sector, regulatory bodies, global accounting firms and other software vendors plot the path to meeting their goals.
Financial and ESG Digital Data Standards
CoreFiling services have delivered several of the most high-profile XBRL taxonomies in the world. We also provide a supporting roles for others, providing trusted quality assurance and feedback on taxonomies so that they can be released to the public with confidence they are standards compliant and usable. We write the specifications and lead the work on taxonomy best practice with XBRL international and ensure our customers deliver according to standards and the official guidance.
Our services go hand in hand with our automation and enable your business staff to be directly involved in the authoring of digital data standards. We handle all the technical parts of creating new custom taxonomies or extending existing taxonomies such as IFRS. Our mature process allows you to express your requirements easily and then delivers compliant taxonomies, test suites and documentation, ready for your markets.
CoreFiling consulting also assists with public consultations, enabling you to gather feedback on your taxonomies that can be directly transformed to action to address the responses.
Information Governance Services
Information governance helps you actively manage your data assets across business reporting supply chains. CoreFiling’s managed services integrate with your existing operations to ensure you have high-quality, consistent and reusable business and financial reporting information.
With an emphasis on quality assurance and feedback loops with collected data, our sophisticated data validation methods ensure that your data and metadata remain accurate and consistent. Combine that with our agility, and you have a winning formula for high-quality results and adaptive validation.
Conformance Testing
At CoreFiling we believe that conformance suites are essential to open standards. By providing a structured collection of test documents along with expected results, regulators and standards bodies can ensure that all conforming implementations take the same interpretation of the rules in a specification.
CoreFiling drove the creation of the XBRL 2.1 conformance suite in 2003, and put conformance testing at the heart of XBRL International’s standardisation process. We have contributed hundreds of test cases to public conformance suites over the years.
Filing programmes typically impose additional constraints on XBRL documents for data quality and adherence to local conventions. Our professional services team can assist with the definition of these rules and produce conformance suites to ensure they are implemented consistently.
Train with the XBRL Experts and Accelerate Your Project Success
Project success will always be improved when staff dealing with XBRL implementations have a good background knowledge of XBRL and an understanding of how our XBRL products can be used to best effect. We provide a range of training courses from an introduction to XBRL through to in-depth technical workshops, all delivered by experts in the field.
Business and Financial Reporting Product Support
CoreFiling offers extended support services to customers of our business and financial reporting products and solutions, ensuring business information flows easily when it matters the most.
In most cases, our standard maintenance and support contract provides what is needed for users of CoreFiling software. Product updates are available for the duration of the contract, as well as access to expert email and telephone support during UK business hours, all backed by service level agreements. If your needs go beyond this, in particular during the busy “filing seasons”, support agreements can be tailored for specific customers on request.
Knowledgeable engineering staff: Your support issue will be responded to quickly and professionally by one of our highly qualified technical engineers, each an XBRL expert in their own right. We author all our own software, meaning you deal directly with us to resolve any issues.
Transform Business Reporting Today
Ready to streamline your reporting? CoreFiling’s XBRL services help you to deliver efficiency, accuracy, and compliance.
If you’re committed to improving reporting everywhere, Contact Us Now
Frequently Asked Questions
We’ve taken some time to answer some common questions about our XBRL and iXBRL services.
What are CoreFiling’s XBRL services?
CoreFiling’s XBRL services include taxonomy development, installation, consulting, governance, support, training, and conformance testing. Our consulting solutions are applied throughout data collection ecosystems to streamline iXBRL tagging, taxonomy development, and compliance for national and international filing programmes. Trusted by the most respected organisations in the world, they ensure you achieved the most accurate and efficient reporting.
How does CoreFiling ensure XBRL compliance?
We ensure XBRL compliance through active involvement with XBRL international’s activities, taking leadership roles in development of specifications and setting of best practice. This knowledge is used to drive automation to deliver repeatable and reliable services using our own XBRL certified software.
What industries benefit from CoreFiling’s XBRL services?
We operate across reporting ecosystems, starting with standard setters and ending with users of the resulting data. XBRL services benefit banking, insurance, accounting, and regulatory sectors, to name but a few. We support existing mandates and the creation of new digital reporting programmes.
Can CoreFiling customise XBRL solutions?
Yes, CoreFiling customises XBRL solutions, offering bespoke consulting, training, and integration for your needs. From taxonomy design to iXBRL tagging, our consultants, armed with the True North Data Platform, adapt solutions to your workflows, ensuring compliance and efficiency with minimal disruption.
How does XBRL training improve reporting?
CoreFiling’s XBRL training enhances reporting by equipping teams and analysts with a key understanding of the purpose of taxonomies, iXBRL tagging, and validation and the skills required to reduce errors and boost efficiency in their role. Product training allows your staff to make the most out of the applications in the True North Data Platform.