1/01 Tangible reporting benefits for an inclusive Swedish mortgage lender using Invoke e-Filing for Banks

7
Nb of years of usage of the solution
35%
Productivity gain versus former process
5
Number of subsidiaries in scope
7
Nb of years of usage of the solution
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“The usability and the user interface are very simple”, explains Grytterhielm. “You don’t have to spend a lot of time with the staff involved to learn how to use it, or to set up new templates; it’s very intuitive.”

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"One of its main benefits is its ease of use, which eliminates the time spent on set ups and administrative matters”, says Grytterhielm. “If you have internally built models for reporting, it’s very easy to just connect with the e-Filing system and have it validate, approve and extract the data in XBRL format. We don’t have to spend any time administrating it. It’s kind of like a “plug and play”; that’s the main benefit.”

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“It’s not just e-Filing itself”, he says. “We feel like we have a qualified partner who can assist us, especially when there is a new taxonomy, template or new reporting requirements. If there is anything on the reporting side, we have a partner we can discuss that with.”

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“We’re very satisfied, both from the finance side and the risk management side”, says Grytterhielm. “We all agree that it’s very simple to use, and it’s very easy to reach out if we need support. It’s a very efficient tool.”

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Industry

Banking

Solution

e-Filing for Banks

Challenge

Implementing a cloud-hosted regulatory reporting solution to produce reports in the required format.

Benefits

  • Bluestep Bank is able to comply and keep up with their reporting obligations, and produce the required reports in XBRL format.
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We're very satisfied, both from the finance side and the risk management side. We all agree that it's very simple to use.

Gustaf Grytterhielm - Financial Regulatory Reporting Manager

related product related product
VAT

e-Filing for Banks

A simple, no-nonsense solution for generating regulatory reports online in XBRL format

Invoke e-Filing is a specialized full-web portal that allows end-users to both directly input and import Excel® files for the purposes of generating regulatory reports in XBRL, while simultaneously managing the filing schedule imposed by the relevant supervisory authority.

Learn more