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The European Banking Authority: Update on XBRL Architecture, Taxonomies and DPM. 16 th Eurofiling Workshop 12 December 2012 | Frankfurt am Main Andreas Weller | Head of IT, EBA. Eurofiling. The 16 th Eurofiling Workshop and what it mean for EBA. The year 2012 the year of awareness. - PowerPoint PPT Presentation
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© 2012 | EBA | European Banking Authority
The European Banking Authority:Update on XBRL Architecture, Taxonomies and DPM16th Eurofiling Workshop12 December 2012 | Frankfurt am Main
Andreas Weller | Head of IT, EBA
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Eurofiling
>The 16th Eurofiling Workshop and what it mean for EBA
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The year 2012 the year of awareness
>DPM, Taxonomy and XBRL is more as to write a regulation
>The difference are the data points, the full description of the data points and the technology
> To agree on data points in a European level is a challenge
>The description to make it crystal clear for everybody is a challenge (DPM) as the content is very complex.
>The technology XBRL is not more a challenge
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The role of the EBA
Business side:
Several committees or subgroups- Scara- …..- FINREP- COREPto build different parts of the DPM
(datapoints and data points description,…)
EBA and taskforces ensure consistency of all groups
IT side
- IT of EBA- XBRL subgroup of ITSB- project teams from EBA
to build the architecture and the Taxonomy of FINREP and COREP.
Eurofiling members give a helping hand
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Build Process
Business representation of reporting requirements
Dimensional categorisation of template data elements
DPM representation in a formal metamodel
Technical format for data exchange
Reporting Templates
1 XBRL Taxonomy
4Analysis Matrix
2 DPM Database
3
Business experts IT experts
DPM process
Quality checks
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Business Process
Who is participating?>6 working groups and committees>EBA staff>IT support >30 countries>+/- 50 active contributors>+/- 200 voting contributors>In Public consultations: +/- 1000
market participants
What was done in 2012:>Solid Base for DPM from most of
the groups>Modeling in the DPM>+/- 40 rounds to harmonize>Alignment pre CRDIV>Basic validation>Definition of specific features for
the taxonomies>Basic relation ship regulation
DPM
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Technical part for COREP and FINREP
DPM:
>Support in executing the Quality checks in the DPM
>Tune the quality checks for the DPM
>Build a database Meta-model to support the complexity of the DPM (UK FSA and EBA)
Meta-model(DP formal
model)
Data modelMetadata
DPM
XBRL Taxonomyfiles
Describes
Published in
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IT deliverable Architecture document
Architecture document :Open points:
>Control of validations: assertion sets or preconditions
Closed discussions:
>General topics
>Modelling of primary items
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Modelling of primary items
Option B
AT dimension determines:>Data type (monetary, date…)>Period type (instant / duration)Base dimension determines:>Sign convention (credit / debit)
Primary items are used to model the AT dimension.
Around 350 primary items
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XBRL standards and the reporting process
>Modelling of primary items: Decision on Option B
ConsumerFiler
XBRLAPITF
XBRL 2.1XDT
XBRL Formulae
Staging DB Analysis
DBInstance
document Instance document
ETL Validation Submission / reception Validation ETL Query &
report
XBRL 2.1XDT
XBRL Formulae
Table Spec
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XBRL standards and the reporting process
>Modelling of primary items: Decision on Option B
ConsumerFiler
XBRLAPITF
XBRL 2.1XDT
XBRL Formulae
Staging DB Analysis
DBInstance
document Instance document
ETL Validation Submission / reception Validation ETL Query &
report
XBRL 2.1XDT
XBRL Formulae
Table Spec
Option B Option C
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Transformation from Option B to C
mi125
Data type Period type Member numberO
ptio
n B
Opt
ion
C
Primary item
mi x125Primary item Dimension AT
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Control of validations: assertion sets
Taxonomy
Assertion Set (table A)
XBRL ProcessorApplication layer
Perform validationInstance document
Validate Set A ?
Validate Set B ? Assertion Set (table B)
Assertion A.1
Assertion A.2
Assertion A.3
Assertion B.1
Results of assertion A.1
Results of assertion A.2
Results of assertion A.3
Assertion B.2
Yes
table A reported?
Notable B
reported?
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Control of validations: preconditions
Taxonomy
XBRL ProcessorApplication layer
Perform validationInstance document
Assertion A.1
Assertion A.2
Assertion A.3
Assertion B.1
Result of assertion A.1
Result of assertion A.2
Result of assertion A.3
Assertion B.1
Precondition(table A reported?)
Precondition(table B reported?)
table A reported?
table B reported?
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IT deliverables: Quality Handbook
This document summarizes the European Banking Authority (EBA) Due Process Handbook for the EBA Taxonomy Review.
In order to achieve the necessary level of quality, a substantial effort has been devoted to reviewing and defining a proper due process. The due process of the EBA for reviewing the EBA Data Point Model (DPM) based taxonomies is a formal approach to insure delivery of a set of high quality XBRL taxonomies.
The taxonomies developed by the EBA Taxonomy Team are the XBRL representations of the DPMs published as a part of the Implementing Technical Standards (ITSs). The taxonomies are developed by the EBA Taxonomy Team according to the DPMs approved by EBA business experts.
This document focuses primarily on the quality assurance activities of the Taxonomy Review Group and their interaction with other groups.
The objective of the taxonomy review is specifically to review the developed taxonomies for syntactical compliance to the XBRL standard and semantical compliance against the DPM as defined by the EBA as well as to track of non-compliance and follow-up.
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Quality Review: The stages of the due process
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Beta Release Taxonomy FINREP
What is the Beta Release of FINREP?:+/- 95 % business content of future FINREP+/- 98% of the Taxonomy of the future architectureWhat can you do with it?:Check your systems if you are able to processCheck the performance of your systemsCome up with creative ideas for your customer how to fill inUse it for demos with your customerFeel free to inform us, when your system is compatible to the Beta TaxonomyFeel free to inform us about any non compatibilty to the XBRL Standard
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Beta Release Taxonomy FINREP
What can you not do with it?:
The business content is not finalised, do not start to hardcode on the base of this Taxonomy when you are a system integrator.Do not analyse the content of the data points.Do not make a gap analysis with the Beta Taxonomy on your business data. Use the DPM, the first final release for FINREP and COREP will be a DPMGet test data with the Beta ReleaseTake an assumption on the open point in the architecture documentSee the Beta Taxonomy in isolation
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Beta Release Taxonomy FINREP
You can find it from the 12/12/12 on www.eurofiling.info with some supporting documents.
2020
European Banking Authority
Floor 18 | Tower 42 | 25 Old Broad StreetLondon EC2N 1HQ | United Kingdom
t +44 (0)20 7933 9900f +44 (0)20 7382 1771
Contact information
Andreas WellerHead of [email protected]
