XBRL is becoming the growing standard for financial reporting language around the world. It provides major benefits in the preparation, analysis and communication of business and financial data.
Currently, Bank Indonesia has issued a new reporting regulation based on XBRL, and banks (as reporter) are required to report regularly to Bank Indonesia based on the new standard. To comply with frequent changes of BI reporting either data addition or revision, the solutions required by the reporting banks must meet the following characteristics: to let reporting banks (sender) make changes in XBRL reporting, to provide facilities in the reporting process and speed up processing, to comply with banking security standards.
To answer and assist the information system needs by reporting bank’s, telkomsigma has developed ARIUM Reporting XBRL, an information system to improve the effectiveness and accuracy in producing and processing bank reports based on XBRL standard.
telkomsigma understand 2 aspects that must exist in a XBRL reporting solution:
Key Benefits
Arium reporting XBRL offers the following benefits:
ability to comply with BI regulation in reporting
ability to generate and providing report in timely manner
provide facilities in the reporting process and speed up processing
comply with Banking Security Standards
Why Telkomsigma
Established in 1987, PT Sigma Cipta Caraka (telkomsigma) as a subsidiary of PT Telekomunikasi Indonesia, Tbk is an ICT (Information, Communication, and Technology) company with 25 years of experience in delivering solutions to the financial and banking Industries. Our Solutions consist of software development, managed services, data center services, cloud computing solutions, consulting and system integration services. telkomsigma is based in Indonesia and supported by over 1200 professionals, .
Arium Reporting Architecture
ARIUM Reporting’s architecture consists of several Interface Components, which are GUI Component for mapping and accessing the functionality provided by ARIUM Reporting, also functionality to upload data via FTP. Furthermore, there is a repository for storing all of BI’s taxonomy, Engine for mapping XBRL Instance Creation (Rendering) and validation. The output includes a Table View of XBRL Instance, which can be edited for corrections. There are also tools for exporting XBRL Instance into other formats such as Excel, databases and interface to BI using FTP.
Arium XBRL Architecture
Key Features
Technology
ARIUM Reporting XBRL application is a combination of web-based and window-based client server technology. It can accessed through the client browser and desktop application and connected to the reporting bank data bases and to Bank Indonesia.
Desktop application is required for maintenance of the data source mapping with BI taxonomy. While web browser is used to upload and download data, maintenance data, process instance creation, review and validation reports, corrections and sending reports to Bank Indonesia.
Arium Reporting XBRL Topology
Above topology shows how Arium Reporting XBRL:
1. can be accessed from anywhere in the Reporting Bank’s network environment
2. allows the automation of processes ranging from the creation of the data sources, creation of instance and sending data to Bank Indonesia.
3. is easy to operate
Modules
The following are the Arium Reporting XBRL modules:
– Customer Information File – Current and Saving Accounts – Time Deposits – Branch Banking Transaction – Reporting – Payment System – Security and Administrator – e-Channel Transaction
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