Regulatory Reporting Simplified for
Banks and Financial Institutions
Look no further than IRIS iDEAL®.
Regulatory Reporting Simplified for
Banks and Financial Institutions
Look no further than IRIS iDEAL®.
A Solution trusted by over 200+ banks, credit institutions,
and non-banking financial institutions worldwide
The Challenge
Banking regulatory reporting frameworks have significantly evolved in recent years. This rapid transformation in reporting requirements is anticipated to persist, affecting both the regulations and the reporting requirements.
Nevertheless, these requirements offer banks an opportunity to automate their current reporting systems, which are currently overwhelmed by the surge in data requests and the need for higher-quality (data) reports. Implementing the appropriate and trusted regulatory reporting solutions can enhance process efficiency and reduce errors.
IRIS iDEAL®
Your Ultimate Regulatory Reporting Solution
A cutting-edge automated financial reporting solution designed to simplify regulatory reporting for Banking and financial institutions. IRIS iDEAL supports XBRL and other similar data standards. It integrates seamlessly with your internal data systems and the regulator’s filing portal, providing a comprehensive end-to-end regulatory report filing solution.
European
UK and lreland
Asia
South African
Who is it for
- Commercial Banks
- Industrial Banks
- Foreign Banks
- Investment Banks
- Credit Unions
- Financial Institutions
- Retail Banks
- Merchant Bank
- Mutual Funds
- Cooperative Banks
- NBFCs
- Insurance Companies
- NBFCs (Non Banking Financial Companies)
What can you do with
IRIS iDEAL®
Integrate
Automate
Facilitate
Manage
Validate
Audit
Secure
Why Choose IRIS iDEAL®?
- Extensive Experience
- Trusted Worldwide
- Unparalleled XBRL Quality
- Ultimate Customer Support
- Relentless Innovation
Extensive Experience
We have worked with global regulators including Central Banks like the Reserve Bank of India, Bank of Mauritius, Nepal Rastra Bank, Central Bank of Jordan, and Qatar Financial Centre Regulatory Authority. Our extensive experience makes us the perfect partner for your regulatory reporting needs.
Trusted Worldwide
IRIS products are used in over 54 countries by more than 30+ regulators, 200+BFSI clients and more than 6,000 enterprises. Our solutions automate regulatory reporting, ensuring compliance with the highest data quality and efficiency. Overall it eases the compliance burden.
Unparalleled XBRL Quality
Ranked #1 for XBRL quality by XBRLogic for enterprise reporting, our commitment to excellence ensures that your financial reporting is accurate, reliable, and error-free.
Ultimate Customer Support
Enjoy unlimited customer support via online meetings, email, chat, or phone. Our dedicated team ensures that no query regarding your regulatory reporting and compliance goes unanswered.
Relentless Innovation
Innovation is in our DNA. Our focus on customer feedback and continuous improvement ensures that IRIS iDEAL® delivers all the necessary functionalities for a smooth compliance process.
Key Features
Scheduling Auto Data Extraction and
XBRL Instance Generation
Fully Secure On-premise,
Collaborative, User-Friendly Platform
Ready Integration
with an Automated Reporting
Modularity to Incorporate Changes
as per the Business Rules/Taxonomies
Ultimate Reliability
and Accuracy of Data in XBRL Format
Award-Winning Excellence
Testimonial
Federal Bank
With iDEAL, we’ve experienced a remarkable boost in both the accuracy and speed of our regulatory reporting. Its seamless handling of complex reporting requirements is truly impressive. The swift implementation of new regulatory mandates has significantly lowered our compliance risks. The expertise and dedication of the support team have been invaluable in ensuring smooth, uninterrupted reporting processes.
Shobhit Bhargava
Chief Manager, Data Analytics Department (DAD)
Bank of India
Mumbai
Bank of Baroda
The compliance burden, given the volume and complexity of our reports, was overwhelming. iDEAL has alleviated this challenge by simplifying the entire reporting process, from data validation to submission, significantly reducing our workload and improving efficiency.
Manish Arjun Mathurvaishya
Chief Manager, Data Warehouse Department,
Bank of Baroda
Maharastra
Testimonial
Federal Bank
Our regulatory reporting process has been transformed by IRIS iDEAL®, which delivers exceptional accuracy and reliability in data generation, ensuring full compliance with RBI mandates. The swift implementation of regulatory updates keeps us ahead of evolving requirements, and the proactive, responsive support team makes IRIS iDEAL® an indispensable tool in our operations.
Rajeev K
Senior Manager, Planning – MIS Division
Federal Bank
Kerala
Karnataka Bank Ltd
iDEAL has helped in streamlining our regulatory XBRL & Non-XBRL instance generation/reporting process, enhancing efficiency and reducing the time investment required. We especially appreciate its intuitive interface, which has greatly simplified the training of our team members. The reports generated are consistent wherever sample evaluated and giving us confidence in our ability to meet regulatory requirements/changes incorporated in CIMS production. Additionally, the prompt support for any issues or queries (i.e. business validations) has been a notable strength of the application.
The support we’ve received, especially during crucial Submission periods, has been satisfactory from every angle.
Karthick Kamath
Manager, Technology & Digital Hub (IT – Dept)
Karnataka Bank Ltd
Bengaluru
Bank of Baroda
The compliance burden, given the volume and complexity of our reports, was overwhelming. iDEAL has alleviated this challenge by simplifying the entire reporting process, from data validation to submission, significantly reducing our workload and improving efficiency.
Manish Arjun Mathurvaishya
Chief Manager, Data Warehouse Department
Bank of Baroda
Maharastra
Bank of India
With iDEAL, we’ve experienced a remarkable boost in both the accuracy and speed of our regulatory reporting. Its seamless handling of complex reporting requirements is truly impressive. The swift implementation of new regulatory mandates has significantly lowered our compliance risks. The expertise and dedication of the support team have been invaluable in ensuring smooth, uninterrupted reporting processes.
Shobhit Bhargava
Chief Manager, Data Analytics Department (DAD)
Bank of India
Mumbai
Experience the IRIS iDEAL® Difference
Ready to simplify your regulatory reporting?
Discover the power of IRIS iDEAL® – the trusted solution for financial institutions worldwide.
Subsidiaries
IRIS Regtech Sdn. Bhd. (Malaysia)
IRIS Business Services (Asia) Pte. Ltd., Singapore
IRIS Business Services, LLC, USA
Atanou S.r.l. (Italy)
IRIS Logix Solutions Private Limited, India
Headquarters
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