The European Banking Authority: Update on XBRL Architecture, Taxonomies and DPM

16th Eurofiling Workshop 12 December 2012 | Frankfurt am Main Andreas Weller | Head of IT, EBA

2012 | EBA | European Banking Authority

Eurofiling
>The 16th Eurofiling Workshop and what it mean for EBA

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

The role of the EBA

Business side: Several committees or subgroups - Scara - .. - FINREP - COREP to 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
DPM process
Reporting Templates

Analysis Matrix

DPM Database

XBRL Taxonomy

Quality checks Business representation of reporting requirements Dimensional categorisation of template data elements DPM representation in a formal metamodel Technical format for data exchange

Business experts

I T experts

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

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)

De scri bes

Data model Metadata DPM

Published in

XBRL Taxonomy files

IT deliverable Architecture document

Architecture document : Open points: >Control of validations: assertion sets or preconditions Closed discussions:

>General topics
>Modelling of primary items

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

XBRL standards and the reporting process

>Modelling of primary items: Decision on Option B
Filer
Table Spec

Consumer

Instance document

Staging DB
Instance document

Analysis DB

ETL

Validation

Submission / reception

Validation

ETL

Query & report

XBRL 2.1 XDT XBRL Formulae

XBRL API TF

XBRL 2.1 XDT XBRL Formulae

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XBRL standards and the reporting process

>Modelling of primary items: Decision on Option B
Filer
Table Spec

Consumer

Instance document

Staging DB
Instance document

Analysis DB

ETL

Validation

Submission / reception

Validation

ETL

Query & report

XBRL 2.1 XDT XBRL Formulae

XBRL API B Option TF

XBRL 2.1 XDT XBRL Formulae

Option C

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Transformation from Option B to C

Data type

Period type

Member number

Option B

mi125
Primary item

Option C

mi
Primary item

x125
Dimension AT

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Control of validations: assertion sets

Instance document

Perform validation

Taxonomy
Validate Set A ? Yes
Results of assertion A.1 Results of assertion A.2 Results of assertion A.3 Assertion A.1 Assertion A.2 Assertion A.3

table A reported?

Assertion Set (table A)

Validate Set B ?

Assertion Set (table B)

Assertion B.1 Assertion B.2

table B reported?

No

Application layer

XBRL Processor
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Control of validations: preconditions

Instance document table A reported? table B reported?

Perform validation

Taxonomy
Precondition (table A reported?)

Result of assertion A.1 Result of assertion A.2 Result of assertion A.3

Assertion A.1 Assertion A.2 Assertion A.3

Assertion B.1 Assertion B.1

Precondition (table B reported?)

Application layer

XBRL Processor
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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 noncompliance 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 architecture What can you do with it?: Check your systems if you are able to process Check the performance of your systems Come up with creative ideas for your customer how to fill in Use it for demos with your customer Feel free to inform us, when your system is compatible to the Beta Taxonomy Feel 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 DPM Get test data with the Beta Release Take an assumption on the open point in the architecture document See 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.

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Contact information

Andreas Weller Head of IT andreas.weller@eba.europa.eu

European Banking Authority

Floor 18 | Tower 42 | 25 Old Broad Street London EC2N 1HQ | United Kingdom t +44 (0)20 7933 9900 f +44 (0)20 7382 1771 info@eba.europa.eu www.eba.europa.eu
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