Case Study: Spuerkeess achieves compliant ESEF iXBRL reporting with CCH Tagetik

Spuerkeess achieves 100% pre-submission validation with CCH Tagetik

Spuerkeess, a state-owned bank in Luxembourg, faced the challenge of meeting the complex ESMA ESEF mandate for iXBRL reporting. Tight deadlines and evolving auditor feedback required a streamlined, accurate, and compliant process. The bank turned to the vendor CCH Tagetik, implementing its iXBRL software powered by CoreFiling to automate and manage this regulatory reporting.

The CCH Tagetik solution provided a flexible, audit-ready workflow that enabled efficient tagging, reuse of tags from prior years, and seamless integration of last-minute auditor input. With built-in validation, the bank achieved 100% pre-submission validation, eliminated post-submission errors, and ensured on-time filing. The results included significantly reduced manual effort, enhanced accuracy and transparency, and a scalable process for future reporting cycles.

Spuerkeess