IRIS Business Services Ltd. is the only Indian firm to have end to end solutions in the XBRL space. IRIS has designed frameworks that can be and have been flexibly deployed across domains/ regulators, including RBI, BSE. IRIS iFile, is modular and scalable software based on XBRL framework which could be used for collection, validation, submission, review and dissemination of information filed by regulated entities. IRIS iFile has been deployed at the BSE and NSE, Reserve Bank of India as well as within Government, and is currently being deployed within a commercial bank for their credit risk management process.
IRIS Business Services is the only firm to have solutions for on-document tagging, so that the document itself have XBRL properties embedded in it .This unique methodology allows a faster user friendly interface to the users of the application, as compared with traditional XBRL / iXBRL document creation applications. This also leads to enhanced traceability of data thereby making the data more authentic and interactive.