Regulatory Technology

Regulatory Technology

Reduced your regulatory compliance burdens by automating processes wherever possible.

Reduced your regulatory compliance burdens by automating processes wherever possible.

KPMG’s K-Helix alleviates as much of the pain as possible from XBRL reporting. The software runs all validation in real-time and embeds all of the XBRL ‘behind the scenes’, removing the need for users to understand XBRL itself.



What is CRD IV?

CRD IV, or the Capital Requirements Directive is an EU-wide legislative package that includes prudential rules for banks, building societies and investment firms. The aim of CRD IV is to implement the main Basel III reforms that became clear during the financial crisis and to reduce the likelihood of future financial crises. Since June 2014, the Financial Conduct Authority (FCA) has required these institutions to report under CRD IV/ CRR which includes COREP, FINREP and Liquidity reporting. These institutions must report large volumes of granular data about their capital adequacy, large exposures, leverage ratios and liquidity.

For more information about CRD IV and to understand more about what CRD IV is, please click here.

Solvency II

What is Solvency II?

In short, Solvency II is an EU-wide legislative regulatory regime that was implemented in all 28 Member States, including the UK from 1 January 2016. It applies to all EU insurers and reinsurers, including firms in run-off.

Solvency II introduces a new and harmonised EU insurance legislative programme. The aim is to unify a single EU insurance market and enhance consumer protection. Solvency II replaces 14 EU insurance directives and constitutes a significant change to the current reporting regime, both in terms of content and frequency. It will place new reporting requirements on firms covering both quantitative and qualitative aspects.

For more information about Solvency II, please click here.


What is XBRL?

BRL stands for eXtensible Business Reporting Language and provides a common, electronic format for business reporting. XBRL was developed to communicate information between businesses and other users of financial information, such as regulators, investors, analysts etc. XBRL does not change what is being reported, simply how it is reported. 


K-Helix is a KPMG-built and owned piece of software. It enables users to create and submit CRD IV Reporting and Solvency II Reporting data to their national regulator in the required XBRL format. The software embeds XBRL ‘behind the scenes’ with both CRD IV and Solvency II Reporting, removing the need for users to understand XBRL itself. 

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K-Helix: CRD IV Reporting

Built to alleviate as much pain as possible from the CRD IV reporting process.

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