CoreFiling Blog
CoreFiling at the FCA’s Sustainability TechSprint
Environment, Social and Governance (ESG) issues are of increasing interest to regulators. With the COP26 climate change conference being held in Glasgow, the Financial Conduct Authority chose sustainability as the theme for their 2021 TechSprint. As a software...
Ultra-scalable processing of filings using CoreFiling micro services
For this blog post, I wanted to write about one of our implementations of the True North Data Platform (TNDP) that shows how the micro service architecture we moved to several years ago works to meet the needs of our customers. The TNDP is used by data collectors,...
A big step to more efficient taxonomies
It is becoming common for data collection programmes to release versions of taxonomies with an expectation that external stakeholders will provide feedback on issues based on their own testing. Subsequent work and new releases allow the data collector to reach the...
What do we do when taxonomies are published?
New taxonomies are published by regulators for a variety of reasons, to fix issues, introduce new report types or to apply year-on-year changes. CoreFiling customers are used to being given access to new versions of reports well before they are required, but how do we...
Taxonomy errors
In this age of digital reporting, hundreds of XBRL taxonomies are published every year. Our analysis at CoreFiling shows that there are a few common mistakes that repeatedly crop up in such taxonomies. These issues can limit their usefulness, slow down implementation...
Engineering the relationship between digital reporting standards
In this post we consider how relationships between the growing number of digital reporting standards can be engineered to increase the efficiency of the data across reporting ecosystems. Digital standards Reporting standards usually contain a narrative supported by...
ESEF anchoring statistics
CoreFiling is naturally following the evolution of ESEF reporting and has already taken the opportunity to analyse some of the published filings. One area of interest is how companies are extending the taxonomy using the anchoring mechanism. This type of analysis can...
Notes around XII packaging specifications
The first XBRL International Inc (XII) packaging specification, developed in 2015, was aimed solely at providing a standard mechanism for packaging XBRL taxonomies, not reports, in ZIP archives (a compressed, portable, single file containing a directory and file...
Misleading labels – fraud or failure?
In my previous blogs, I have talked about how the iXBRL document validation process consists of a number of steps, like a ladder. If the validation process returns a failure at one step, it must stop processing immediately. It must NOT move on to the next step. Why?...
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