Bombay Stock Exchange
COMPLIANCE & ANALYTICS SOLUTIONS FOR STOCK EXCHANGES / SECURITY COMMISSION
Following the transition to electronic trading by stock exchanges across the world, electronic reporting is the logical next step. Being an open and a global standard, XBRL has been widely adopted as the standard for e-reporting compared to a proprietary solution. IRIS has worked with both stock exchanges and securities commissions to develop capital market taxonomies and reporting solutions in many countries.
BENEFITS TO THE STOCK EXCHANGES AND SECURITIES COMMISSIONS
-
REPORTING TAXONOMY
We help develop and implement XBRL taxonomies for financial reporting and disclosures by companies, funds and other entities listed on exchanges or registered with securities commissions.
-
e-FILING PLATFORM
We offer solutions for creating an e-filing platform for efficient, comprehensive and reliable collection of periodic fundamental financial data and occasional disclosures in XBRL for all type of reporting entities.
-
BETTER REGULATION
XBRL brings transparency and robustness in the reporting data supply chain thus strengthening the supervision of regulators over the capital markets they regulate.
-
MARKET TRANSPARENCY
XBRL provides high-quality data, more market transparency, and increased investor confidence in the listed companies and their reported financials.
-
PROFIT ORIENTED APPROACH
With an XBRL based reporting platform market regulators can collect higher-quality data and realize drastic improvement in time to market their data products offered to rating agencies, financial institutions, investment houses etc.
Our OFFERINGS
- Products
- Services
-
IRIS iDEATE
Taxonomy Development
-
IRIS iFILE
XBRL Filing Platform
-
IRIS DCP
IRIS’ Data Consumption Platform
OUR CUSTOMERS
TESTIMONIALS
CASE STUDIES
-
In January 2015 the Department of Business Development (DBD) under the Ministry of Commerce (MoC), Thailand introduced XBRL for voluntary electronic submission (e-filing) of financial statements of legal entities /businesses for the FY2015 reporting period and onwards. This was done to facilitate rapid and accurate disclosures, vital for transparency, efficiency and accountability.
More Case Studies
BLOG
-
What is ESG? ESG stands for Environmental, Social, and Governance (ESG). It is a business review of a company’s economic, environmental and social impacts, caused by everyday business operations and activities.
WHITE PAPERS
-
SEC announced on June 13, 2016 that it will allow companies to voluntarily file structured financial statement data in Inline XBRL. What Does this Announcement Mean for Filing Companies? Read our White Paper on Comprehending SEC's Inline XBRL Filing for filers.