Tag Archive for: regulatory solutions

ESEF Tools


The ESEF acronym has been top of mind for finance professionals across the EU and UK since mid 2019, when an upcoming reporting mandate from the European Securities and Markets Authority (ESMA) was announced.  

ESEF, which stands for European Single Electronic Format, is a digital financial reporting standard based on XBRL. As of early 2020, companies on EU regulated markets are mandated to prepare their annual reports in accordance with ESEF rules.

What exactly is ESEF compliance, and what does it take to meet reporting requirements? Let’s take a look at the basics and some tools that make it easy.

Finance pros
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The Easy Way to Track GDPR Compliance


GDPR is an acronym that has been top of mind for of privacy officers, CIOs, and even marketers across the EU since the early months of 2018. Now that it’s been a few years since the regulation went into effect, organizations should have a handle on what type of data is impacted and how to handle compliance. The ongoing challenge is tracking and documenting the steps required for GDPR compliance as a business evolves over time.

While numerous one-off templates to create GDPR reports based on a moment in time are available, Altova has created the first long-term solution for documenting and tracking the entire GDPR compliance management process.

Let’s take a look at what GDPR compliance entails and how the Altova GDPR Compliance Database makes managing it organized and straightforward.

An easy way to document and track GDPR compliance
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How to Generate CbC Correction Reports


Altova’s Country by Country (CbC) Reporting Solution makes it easy for multi-national companies to generate valid XML reports to meet the filing requirements mandated by the OECD. Now, in Version 2.0, the CbC Reporting Solution includes new functionality for generating correction reports, as well as the ability to import existing reports for easy analysis.

Let’s take a look at how these new tools make it even easier for customers to meet filing requirements without having to deal with the underlying CbCR XML syntax.

Country by Country Reporting Solution for XML
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Solvency II XBRL without the Headache


Solvency II regulations in the European Union require periodic reports to be submitted in XBRL format by companies in the insurance industry. This can present a considerable challenge to workers unfamiliar with technical XBRL syntax.

Altova created an easy way to take data directly from Excel to generate reports based on the Solvency II XBRL taxonomy, completely shielding end users from the complexity of XBRL syntax.

Let’s take a look at what the Solvency II regulations mean to impacted companies and how the Altova Solvency II add-in for Excel makes it easy to generate valid reports for filing.

Learn about Solvency II XBRL

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