About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Lombard Risk Offers Free XBRL-Checker to Support Corep Compliance

Subscribe to our newsletter

Lombard Risk Management is offering firms that must comply with the latest Common Reporting (Corep) rules a free eXtensible Business Reporting Language (XBRL) checker to help them resolve XBRL validation errors that can occur when submitting required reports to the UK Financial Conduct Authority (FCA).

The FCA’s Gabriel reporting system has been in place since April 1, 2014 for firms to test and submit reports, ahead of the 30 June deadline for compliance with the Corep rules. To ease the Corep reporting process, which requires reports to be submitted in the XBRL format, Lombard’s online XBRL-Checker helps firms gain insight into Assertion ID codes, essentially error codes issued by report submission systems, allowing them to identify XBRL errors and resolve them.

Nick Davies, chief technology officer at Lombard Risk, explains: “We started hearing from firms that were not using Lombard Risk Reporter that they were experiencing problems understanding the regulators’ submission validation error codes and Assertion IDs, so we developed this free-to-use application to provide some relief. XBRL-Checker makes it easier to investigate errors.” XBRL-Checker is free to use for all firms, whether or not they are Lombard Risk clients.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

A (Free) Practical AI Handbook for Capital Markets Professionals

Artificial Intelligence (AI) has swiftly transitioned from a promising concept into an operational reality across the capital markets. Senior executives, compliance leaders, and technology specialists are already well-acquainted with the potential of AI to streamline processes, enhance decision-making, and open new competitive opportunities. Yet, the current challenge isn’t about grasping AI’s transformative potential – it’s...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...