IRIS Business Services Limited is one of the first provider of full professional XBRL products and solutions to organizations globally. The company headquartered in Mumbai, India with international offices in United States, Singapore, United Kingdom, and the UAE.
IRIS is a direct member of XBRL International and XBRL US. The Company has over eighteen years of proven expertise in the financial information management space, providing customized technology solutions for data and content management, for the dissemination of information to investors and stock exchanges, and for effective content management to institutional clients.
Over the last seven years, IRIS has been very closely involved in the XBRL space, in taxonomy creation, software solutions and in the conversion of structured and unstructured data into XBRL for SEC filing in the US. IRIS has multidisciplinary skills in XBRL as well as in technology. Taxonomy experts, software engineers, business analysts and accountants come together to provide a complete range of products and services across the XBRL supply chain.
IRIS CARBON® is an intuitive platform that can handle all functions involved in the ESEF compliance process seamlessly – leading up to a high-quality digital filing that serves the information needs of all stakeholders. It is the preferred software for over 200 customers for filing their AFRs in iXBRL across Europe and the UK.
The platform is fully equipped to aid qualifying issuers right from bringing in source data till their final submission with the Officially Appointed Mechanisms (OAM). As a product that is completely hosted on the cloud, IRIS CARBON® offers a highly collaborative environment that is totally secure and astonishingly simple to use.
What differentiates IRIS CARBON® from other vendors is our emphasis on high-quality iXBRL output and a client-first approach. This makes ESEF compliance simple and hassle-free for all our customers. The quality of iXBRL filings produced is of utmost importance to us and we make every effort to ensure that the final output is 100% error-free.
Now, if you’re wondering how we’ve been able to transform the entire iXBRL report creation process for some of the leading organizations in the EU, here’s a quick overview of some marquee features that make IRIS CARBON® indispensable to our customers.
Why IRIS CARBON®?
xAudit
IRIS xAudit® is our new, sophisticated XBRL International certified software to audit and review iXBRL documents prepared to comply with the ESMA’s European Single Electronic Format mandate. IRIS xAudit® is collaborative software, which means it allows multiple people to work on a project simultaneously.
The software is cloud-based and is hosted securely on the Microsoft Azure platform. The benefit of cloud-based software is that you needn’t go for any hardware or software installation for starting out, which makes it easier on the pocket. The solution can also be hosted on a private cloud or on-premises if required.