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With offices in Paris, Rouen, London, Luxembourg, Lisbon and Stockholm, Invoke is the trusted XBRL technology partner to major supervisory bodies around the world, as well as to multinational groups in the banking and insurance sectors who fall under the scope of complex regulatory imperatives.
Incorporating cutting-edge data-governance, colla-borative workflow, disclosure management and
advanced XBRL features, Invoke solutions associate a decade of technical expertise with extensive domain knowledge.
Committed to delivering sustainable value to custo-mers, Invoke continues to enhance the alignment of its reporting solutions with the emerging regula-tory use-cases presented by paradigm shifts such as Solvency II, Basel III, FATCA, AEoI/CRS, AnaCredit ...
ABOUT INVOKE
From the outset, Invoke has been committed to remaining one step ahead of the competition, and the company owes its success in no small part to the fact that it keeps a tight watch on both domestic and international developments, be they technological or regulatory.
The company’s clearly communicated ambition is to remain a premier provider of pioneering regulatory and financial software solutions with a view to standardizing and streamlining the business information supply chain, allowing real-time exchange and analysis of financial data.
OUR VISION • DIVE DEEP INTO THE IT SYSTEM AND DESIGN THE DATA JOURNEY THROUGHOUT MULTIPLE DATA MODELS, FOR MULTIPLE USAGES, WHILE ALWAYS PRESERVING ITS INTEGRITY.
Next-generation, native XBRL and XML technology
Close day-to-day collaboration with regulatory bodies
Second-to-none, internal subject matter expert teams
Enduring commitment to furthering new standards
WHAT MAKES US DIFFERENT?
6 LOCATIONSIN 30 COUNTRIES1800+ CLIENTS XBRL DNA
Invoke teams are present in six offices across France,
the United Kingdom, Luxembourg, Sweden and
Portugal.
A pioneer in XBRL reporting Invoke provide
next-generation, generic, XBRL-native software tools.
Invoke financial, tax and re-gulatory reporting solutions
have been implemented in no less than 30 countries.
Invoke provide cutting-edge solutions to both supervisory bodies and regulated entities
around the world.
Consolidation
Management Reporting
Budget & Forecasting
€ Accounting Reporting
FINANCIAL REPORTING
€ Tax Returns | Tax Consolidation
FATCA, AEoI/CRS, CBCR
TAX REPORTING
Banking Regulatory Reporting
Insurance Regulatory Reporting
Annual Accounts
REGULATORY REPORTING
#DataDriven • #CrossModel • #CPM • #RegTech
INVOKE REPORTING, ANALYSIS AND DISCLOSURE PLATFORM
INVOKE REGULATORY • DATA-DRIVEN, UNIFIED REPORTING SOLUTION
INVOKE REGULATORY • FACTA & CRS/AEOI REPORTING • THE ESSENTIALS
Robust, smart, tried-and-trusted: the solution to easily comply with FATCA and CRS requirements
To enable financial institutions to respond quickly and sustainably to new cross-country tax reporting requirements, Invoke has extended its internationally acclaimed Invoke Regulatory product line to CRS/AEoI tax reporting.
A standard package for quick implementation
The standard multi-jurisdiction "Premium" configuration allows for very fast implemen-tation. Invoke maintains and guarantees all standard features with every regulatory change.
An easy-to-use business-oriented solution
View reports and validation results, browse across dashboards and edit data through the Invoke award-winning, collaborative built-in spreadsheet application! A dedica-ted smart engine makes your compliance process much easier…
Minimal impact in the face of regulatory changes
Full maintenance of the complete standard configuration (Premium kit), coupled with an optimized application architecture, gua-rantees Invoke unrivaled lead times each time the regulations change.
A highly scalable strategic solution
Tailor the solution to your specific needs! Extend the standard data model and pac-kage, create your own data quality scena-rios, and more...
INVOKE REGULATORY • FACTA & CRS/AEOI REPORTING • HOW DOES IT OPERATE ?
MAIN FEATURES
DMulti-jurisdiction data models
DStandard input formats
DCustomizable workflow
DMulti-level validation and approval features
DFully automated production of XML return files
DAutomated correction process management
DExhaustive data controls
DFine-tuned user rights management
DStandard dashboards
KEY VALUE ADDS
DManagement of technical country-specific requirements (RefIDs, format, file name patterns, file size constraints, etc.)
DSmart Engine that automatically manages initial submissions, feedbacks and the correction process
DFour eyes principle support
DEnd-to-end, detailed audit trail
DElaborate track change feature with comment management
DFlexible input methods adapting to each FI’s context
DPossible extension of the standard data model for customized data quality scenarios (client identification and classification, data filtering, sampling, ...)
DPermanent technical and regulatory watch
Invoke Regulatory • FATCA & CRS reporting operational process
Tax Authority
SUPE
RVI
SOR
51236549999
1,2
461530023123
512365424589645
512365401-01-2009
Valid
ation
GEST
ION
DU
PR
OCE
SSU
S D
ÉCLA
RAT
IF •
TR
AÇAB
ILIT
É CO
NTI
NU
E
Subsidiaries IT System Imports and Additional Data Entry
EXCELEXCEL
EXCEL
Accounts Third-Parties ...
Data Collection
Entities Business Cards
Progress Schedule
User Right Management
Differential Calculations • Automated management of initial and corrective data
History tracking and Versioning
Visualisation and adjustement of data through the embedded Spreadsheet
List of Accounts& Account Holders
Account HoldersDetailed Information
Financial MovementsIncome/Payments
List ofControlling Persons
RFI: ReportingFinancial Institutions
Regulatory Controls
Overview of error data
Detailed display of error data, broken down by account, account holder, ...
through the Spreadsheet
• Integrity checks
• Business checks
• Technical checks
Validation Workflow • Four eyes principle
Automated extraction of data for submission
Visualisation of Feedbacks from the Tax Authority
Audit of the MDE’sfeedbacks throughthe Spreadsheet
Customised Publication • Mailing
Customized exportsfor mass mailing
Integration ofsubmission data 5123654
9999
1,2
461530023123
512365424589645
512365401-01-2009
Cont
rol
51236549999
1,2
461530023123
512365424589645
512365401-01-2009
Prod
uctio
n
Production of theXML submission
Management of technical country-specific requirements (RefIDs, technical format, file name patterns, file size constraints, ...)
XML
< Tax Authority Feedback
^MDE Feedback
< Data to be declared
Extraction^
Data Input
XMLASCIIPDFPDFEXCELEXCEL
COLL
ABO
RAT
IVE
REP
OR
TIN
G PL
ATFO
RM
| A
UD
IT T
RAI
L |
FULL
DAT
A LI
NEA
GEDA
TA
Invoke FAS Regulatory
Regulated Entities
Invoke MDE
>
SUBM
ISSI
ON
MO
DU
LE
AUDIT OF THESUBMISSION
SMARTENGINE
REPORTINGPROCESS
MANAGEMENT
ADMIN
PUBLICATION
SUBMISSION
THE INVOKE TOUCH • AN EMBEDDED BUSINESS SPREADSHEET APPLICATION !
Preferred over any other tool by business end-users, a spreadsheet application provides them with a familiar working environment. The Invoke built-in spreadsheet component allows them to view data and validation results, and to browse accross dashboards.
Data can also be adjusted in the spreadsheet interface by manually entering data or importing Excel® files.
Invoke France40 bd Malesherbes
75008 Paris
France
Tel: +33 1 42 68 85 60
Invoke UKLevel 42
1 Canada Square
E14 5AB London
Tel: +44 203 668 3600
Invoke Luxembourg34, route d’Arlon
L-8210 Mamer
Luxembourg
Tel: +352 31 96 56 1
Invoke SwedenUnited Spaces Waterfront
P.O BOX 190
SE-101 23 Stockholm
Tel: +46 76 900 90 11
Invoke PortugalRua Dom Pedro V
132 1250-095 Lisbon
Portugal
Tel: +351 21 381 40 62
[email protected] • www.invoke-software.com
KEY BENEFITS • OUR CLIENTS TESTIFY
CLIENT REFERENCES • INVOKE, A TRUSTED TECHNOLOGY PARTNER
National Bank of Moldova
Reliable, unified reporting
Thanks to Invoke Regulatory, we can now rely on a flexible data center that allows us to manage both regulatory and internal reporting based on a single, unified source of data. (...) We built additional reports for internal use, notably cross-entity, multi-period, statistical analysis reports that are now available in full web, for instant consultation by a large population of users.
Sylvia Ginguené, Head of Regulatory Reporting, Crédit Agricole SA
Seemless integration to the IT systems
In the previous system, integrating credit risk data into the solvency system could take more than 24 hours. These issues have been resolved using the Invoke solution.
Matt Lane, Head of BI & Solvency II Project Manager, ASTA
Implementation costs reduction
The fact of not having to implement specific interfaces with our existing accounting systems represents significant savings.
Solvency II Project Manager, Top 10 European insurance company
Maintenance costs reduction
The timeframe to update and put into production our regulatory reporting software has been cut down from 2 months to 2 weeks only using Invoke software.
Head of IT, Large banking client
Using Invoke XBRL-native, taxonomy-agnostic tools allowed us to be very reactive in the face of the frequent regulatory evolutions of the reform.
Low lead-times in the face of regulatory changes
Regulatory peace of mind
Being able to rely on solid external technology and regulatory reporting domain experts allowed us to concentrate on our data.
Michael Bardram, Senior IT Consultant, Danske Bank