Digital data collection with True North

End-to-end solution for high quality data collection with low filer burden

The True North data platform has all the components required to manage entire data collection ecosystems. It is used by national and international regulators, central banks, corporate registries, tax authorities and for internal reporting in large enterprises. For each use case, the required components are selected to sit comfortably within the existing or new reporting environment.

You can use True North to develop your digital data standard, offer a public portal for filing of returns, process data into your downstream systems and make collected data available for public consumption.  Our standard collection approach can be customised to meet requirements unique to your situation.

Digital data collection highlights

  • High quality, high integrity data from data producers direct to your back end systems
  • Full solution or components for your existing solution
  • Meets requirements for open and transparent data
  • Direct link to your legislation, rules or data requirement
  • Flexible data collection options to match your market
  • Services for filer engagement and training
  • ISO 5116 standard data point modelling
  • XBRL certified

 

Digital data standards

With True North, you can capture and publish your reporting requirements as a digital data standard. This is in the form of an XBRL taxonomy which captures all the data definitions, validation, business rules and external references in a single, computer readable package.

Taxonomies are written directly using a taxonomy editor or the data model can be expressed as tables in Excel, marked up and used to generate a taxonomy. The platform’s taxonomy management provides audit, rollback of changes and release workflow. Documentation, samples, databases and other artefacts that are helpful to users can be generated automatically.

Once you have created a taxonomy, you can publish it for collaborative taxonomy review to allow public and private consultation on changes. Our professional services consultants are experts in taxonomy architecture and authoring and can provide as much help as is required to complete and publish your digital standard.

Taxonomy editor

Taxonomy management

ISO 5166 data point modelling

Public and private consultation

Data collection portal

Setting up an obligation in the admin console
Excel form option for data collection

The True North integrated reporting portal provides the interface between you and your filers. Flexible options for submission allow you to cater for a diverse range of filers. Each one is backed by your digital data standard and delivers high quality data.

  • Glossy and simple digital financial reports
  • Excel-based returns
  • Web forms
  • XML, xBRL-CSV, xBRL-JSON and xBRL-XML
  • iXBRL and ESEF
  • Unstructured attachments and ad hoc reports

 

The admin console is used to set up the definition, schedule, filers and submission options.

The filer console gives filers all they need to understand and meet their obligations.

Reports give insight into the health of your filing programme.

Filing and acceptance workflows include automated and manual checks and are fully customisable.

Using collected data

With True North you can put your collected data to work straight away.

True North can stage data for ETL or map data directly into your data warehouse. To aid analysis, the data can be enriched using the mappings or data derivation rules.

For financial reporting access points such as corporate registries, True North can be placed across unprocessed returns to enable free-form query and data extraction from the original reports.

Free-form query and data extract from returns

Platform subscription packages for data collection

Reporting Portal

Taxonomy Management System

Full Beam