UK "SK-Capital" implemented the solution of automation of the reporting Homnet: XBRL

2018: Implementing solution of automation of the reporting XOMHET:XBRL

On July 4, 2018 the Homnet Consulting company announced implementing solution of automation of the "turnkey" reporting XOMHET:XBRL in UK "SK-KAPITAL". As a result the company began to perform activities for management of investment funds, mutual investment funds and non-state pension funds.

Prerequisites of the Project

According to the resolution of the Central Bank of the Russian Federation, since January 1, 2018 the electronic format of submission of reporting data based on the XBRL specifications (eXtensible Business Reporting Language expanded language of the business reporting) is obligatory for all non-credit financial institutions.

Before SK-CAPITAL Management company, along with other NFO, there was a task to implement requirements of the regulator in the information system. For the solution of assigned tasks UK "SK-KAPITAL" addressed Homnet Group.

Choice of the contractor

Experience of implementation of similar projects, in particular automation of preparation of the reporting in the XBRL format in management companies, availability of the ready-made software solution allowing to work comfortably with the large volume of data defined our choice. Thus, Homnet Group whose offer was optimal for us became the contractor of the project on transition to XBRL. Maria Ivanova, CEO of UK "SK-KAPITAL"

Possibilities of the solution

XOMHET: XBRL contains:

• the full-fledged XBRL processor developed on the 1C: Enterprise platform which can work with any taksonomiya of XBRL 2.1;
• the aggregated data warehouse under control of DBMS optimized under structure of XBRL that ensures its functioning with large volumes of data;
• a set of the fulfilled tools for ensuring integration with any accounting systems at various platforms and for business process management of preparation of the reporting;
• the module "designer of formulas" providing unloading of the available data from any accounting systems on the 1C: Enterprise platform in the XOMHET:XBRL system
• ready sets of methodological cases on collecting of indicators of XBRL.

Homnet performs consultation of employees of the customer on methodical and technical issues of work with the program. The agreement of maintenance is issued.