iXBRL accessible to business users
for regulatory peace of mind

Preparation of your extension taxonomy, mapping and tagging of the financial statements, comprehensive validation ... No need for XBRL expertise to come into compliance: designed with consolidation and IFRS experts for best user experience, the Invoke ESEF application offers a secure web interface that is easy to use and suited to business profiles.

Up to the very last mile of the ESEF production process, Invoke ESEF allows you to produce your finalised Annual Financial Report or Universal Registration Document, up to the final technical files in the format required by the ESMA, while faithfully preserving its initial graphical appearance.

Thanks to its dedicated regulatory watch team and its native XBRL technology, Invoke provides you with first-rate regulatory maintenance, thus guaranteeing you an ever up-to-date, future-proofed solution.

ESEF avant
ESEF après
main features

SMART MAPPING OF FINANCIAL STATEMENTS

MappingFor consolidation teams, the first step to ESEF compliance consists in reconciling their consolidated financial statements in IFRS with the ESEF XBRL base taxonomy, published by ESMA. The Invoke ESEF application allows users to switch between the two views of the IFRS regulatory framework: an “expert” mode used to browse the taxonomy's IFRS concept trees, and a “mapping” mode where Invoke’s smart multilingual suggestion engine selects the most relevant elements of the ESEF taxonomy for the user to easily map its primary financial statements.

CREATING THE XBRL EXTENSION TAXONOMY

ModellingThroughout the mapping of primary financial statements' tables and footnotes, the Invoke ESEF application automatically builds the issuer's extension taxonomy. When necessary, the users create their own extension elements in a simple, guided interface: creation of the extension element, anchoring, and multilingual label management. Just a few clicks are needed to define the calculation relationships between the elements using the visual calculation definition bar.

 

EASY MANAGEMENT OF ANCHORING

ModellingAny extension element must be attached to one or more accounting elements in the ESEF reference taxonomy according to a mechanism known as anchoring; this is a new feature introduced by ESMA as part of ESEF. Invoke ESEF is the first application to easily and natively manage wide anchors (required) and narrow anchors (if the element of extension includes several IFRS concepts). The interface clearly specifies the expected actions to the user, and a colour code provides visual cues in a financial statement’s table view.

 

VALIDATION AT EVERY STEP

ValidationInvoke ESEF ensures the ESEF report is perfectly compliant. With its XBRL engine and its team dedicated to monitoring regulatory developments, the required controls are exhaustive at each step of the process and maintained as the regulation changes. ESMA’s ESEF Reporting Manual instructions are run in the application and taxonomical rules are verified by the Invoke XBRL engine in real time ! Any detected errors are highlighted and explained. At publication stage, the Invoke ESEF application performs a final technical validation of the extension taxonomy and iXBRL document produced, for a compliant, ready-to-disclose taxonomy package.

 

VERSIONING AND COMPLICANT PUBLICATION

PublicationInvoke ESEF provides versioning over time, including the historisation of source data, ESEF base taxonomy versions, extended taxonomies and documents. When the universal registration document or annual financial report is finalised and approved, Invoke ESEF performs the final publication of the iXBRL legal document and its corresponding extension taxonomy in the format expected by the regulator (generation of the taxonomy package).

 
À Propos
With offices in London, Paris, Luxembourg, Lisbon and Stockholm, Invoke provides financial, regulatory and tax reporting solutions. It is a regulatory technology partner of choice for supervisory bodies worldwide, as well as financial institutions which fall under the scope of complex regulatory imperatives such as Solvency II, Basel III, FATCA, CRS/AEoI, AnaCredit, CbCR, LDR and SRF, or ESEF reporting.

Invoke is a pioneer in XBRL reporting and provides next-generation, generic, XBRL-native software tools. Invoke is notable as one of the founding members of the XBRL France non-profit association (established in 2006) and continues to hold a seat on the French Jurisdiction Board, while also being heavily involved in a number of key technical and functional working groups, both locally and at the international level as a direct member of the XBRL International consortium.

Incorporating next-generation technology, advanced data-governance, collaborative workflow and disclosure management features, Invoke software solutions associate fifteen years of technical expertise with extensive domain knowledge. They have already been successfully implemented in more than 34 countries worldwide.

Invoke won “Best Data Solution” at the InsuranceERM’s Awards in 2016 and “Best Regulatory Reporting Software” in 2017.