Lloyd’s Syndicate Reporting
Lloyd’s Syndicate Reporting
Lloyd’s Syndicate Reporting
DataTracks Rainbow is a renowned cloud-based compliance software certified by XBRL International, is designed to generate accurate, easy-to-create reports.
With the capability to support multiple input types, including rich-design PDFs and an embedded spreadsheet editor, Rainbow presents a single-source application platform that simplifies collaborations and content management. Leveraging AI/ML-driven tagging and a smart roll-forward feature, users can save up to 70% of time while ensuring consistency in XBRL tags.
The advanced Online Reviewer’s Guide streamlines the report-preparation process. Built with enhanced data security and a detailed audit trail, Rainbow ensures transparency and elevates user accountability. Ideal for corporate and fund reporting in XBRL/iXBRL formats across global regulatory frameworks.
Features
Quick, easy compliance
With our bolt-on approach of reading PDF (including rich design layout), allowing the XBRL tagging on top, and generating the XBRL/iXBRL whilst retaining the same rich design, filers need not make significant changes to their current processes.
Easy XBRL tagging
Effortlessly create and manage XBRL documents using our intuitive tagging interface for both structured and textual data. Maintain XBRL consistency over time by seamlessly carrying forward tags from previous reports.
Collaboration and co-authoring
Prepare compliance reports in collaboration with multiple people from different locations working simultaneously on the same document, by directly uploading, manual input or copy-pasting of data. Highlight and insert comments on the document where discussion is required. Track all changes to the document and accept/reject changes.
Integration with data source
Streamline your data management process with our Autolink feature. Easily connect to your ERP systems and other data sources, including offline spreadsheets, to import data and maintain data integrity. Updates are effortless with a simple click, and your XBRL tags remain intact.
Regulated data access
Our auto-scalable architecture allows for unlimited user growth without sacrificing performance. User privileges are carefully managed through user groups and authority levels to ensure secure access to the application.
Online Reviewers’ Guide
Extend XBRL/iXBRL files to internal or external auditors through our Online Reviewers Guide (ORG) platform, that allows users to preview the reports, execute validation, review tagging decisions and even make comments or suggest changes to the document, and compare between multiple versions.
Certified software
Backed by XBRL International certification, our software delivers error-free XBRL/iXBRL reports. Our ability to rapidly incorporate regulatory updates minimizes the risk of filing rejection.
Security Standards
We are certified for ISO 27001:2022 Information security management, ISO 9001:2015 Quality management system by TUV of Germany. As per ISAE 3402 guidelines, we are audit compliant with service organisation controls.
How DataTracks helps
- iXBRL reports at the click of just a few buttons once the set-up is completed.
- Accepts rich design PDFs and retains the layout in the iXBRL output.
- Certified XBRL software.
- Multi-user architecture without a compromise in the performance.
- Ability to integrate with various data sources on a need-basis by customers.
- Invite auditors to review and sign-off using our online platform (ORG).
Featured Content
Why is iXBRL tagging necessary for CT600 filing?
What information needs to be tagged in the CT600 filing process?
What are the benefits of using a managed tagging service to create iXBRL accounts and tax computations?
There are a number of benefits to using a managed tagging service to create iXBRL accounts and tax computations, including:
- Accuracy : Managed tagging services have the expertise and experience to ensure that your iXBRL accounts and tax computations are tagged accurately and consistently.
- Efficiency : Managed tagging services can help you to save time and resources by preparing your iXBRL accounts and tax computations for you.
- Compliance : Managed tagging services can help you to ensure that your iXBRL accounts and tax computations comply with HMRC’s requirements.