Switching from K-Helix or Invoke?
Here’s Why Authority Software Should Be Your Next Move.
In today’s fast-paced financial landscape, regulatory reporting solutions must be stable, reliable, and adaptable. However, recent industry developments—such as Regnology’s discontinuation of K-Helix and Invoke—are introducing uncertainty for many financial institutions. As users of these systems are forced to migrate off these platforms on to a more complex, integrated and expensive solution, institutions are left facing the challenges of navigating an unfamiliar, and often cumbersome reporting environment.
This shift presents an opportunity for institutions to explore simpler, more effective alternatives that deliver the same compliance capabilities without the added complexity or disruption. Authority Software stands out as a trusted, stable alternative with over a decade of experience in 40+ countries across XBRL and XML reporting.
Why Authority Software is the Ideal Alternative
At Authority Software, we recognise the concerns that financial institutions face during these transitions. Our on-premises reporting applications are built on a foundation of stability and flexibility, creating a secure and solution that adapts to our client’s specific requirements of their jurisdiction.
- Proven Expertise in XBRL Reporting
Our XBRL solutions are engineered to seamlessly navigate the stringent demands of regulations like CRD V, Solvency II, and ESEF. As specialists in both XBRL and XML reporting, we guarantee precision, compliance, and adaptability as regulatory frameworks continue to evolve.
- Commitment to Stability and Long-Term Support
Unlike recently discontinued solutions, Authority Software offers a clear and uninterrupted development roadmap. Our focus is solely on improving our suite of on-premises reporting applications, ensuring that they continue to provide a straightforward solution to the complex requirements of regulatory authorities.
- Flexible Integration with Existing Systems
Authority Software products are built to integrate seamlessly with the systems you already use, such as Microsoft Excel, OneStream, Oracle HFM and Essbase, relational databases and Netsuite. We understand the complexities of your current infrastructure, and our solutions ensure minimal disruption while delivering efficiency to your regulatory reporting.
- A Client-Centric Approach
We prioritise the needs of our clients above all else. While industry consolidations can shift the focus away from individual client requirements, we remain dedicated to delivering the highest quality support and ensuring that our products align with your specific regulatory compliance. Our solutions remain agile and responsive in an ever-changing regulatory environment.
Proven, trusted and future-proof.
As regulatory demands continue to increase, choosing a partner that understands your needs and is fully committed to your success has never been more important. Authority Software’s proven expertise, unwavering commitment to our clients, and future-ready XBRL and XML solutions offer a stable, reliable solution that you can depend on for the long haul.
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XBRL Data Point Model Reporting Software.
Create XBRL reports that comply with regulators’ reporting standards.
Generate Excel versions of reports with automatic calculations.
Integrate directly with data from your source systems, such as relational databases, Oracle HFM & Essbase and OneStream.
Validate and resolve data issues using interactive validation messages designed to take you right to the cause of any data quality issues.
Easily migrate data mappings and Excel workings from one taxonomy to another.
- ESMA ESEF
- UK HMRC
- Irish Revenue
- Danish Business Authority
- and many others
- EBA CRD IV (COREP & FINREP)
- EIOPA Solvency II
- Single Resolution Board
- National Banking and Insurance
XBRL Reporting