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: Sponsored by FundGuard: NAV Resilience Under DORA, A Year of Lessons Learned

The EU’s Digital Operational Resilience Act (DORA) came into force a year ago, and is reshaping how asset managers, asset owners and fund service providers think about operational risk. While DORA’s focus is squarely on ICT resilience and third-party dependencies, its implications extend deep into core operational processes that are critical to market integrity, investor...

BLOG

A-Team Group Announces Winners of its Data Management Insight Awards Europe 2025

A-Team Group has announced the winners of its Data Management Insight Awards Europe 2025, celebrating the latest outstanding contributions from companies recognised for their innovation, expertise and performance.  Now in its fourth year, these annual awards acknowledge the leading providers of data management solutions, services and consultancy services to capital markets participants across Europe. Established...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...