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Awarded European Union Services

Suptech solution - hub for EU/EEA reporting (XBRL / XML)

Buyer: Finanstilsynet

Published
18 December 2024
Estimated value
110,000,000 kr
Place of performance
Oslo, NO081
Procedure
Negotiated procedure
Lots
1
Notice number
00777265-2024
Reference
5000444f-2b76-40cf-b073-0117f6cce6ce
Official source
Official source

CPV codes

Description

The rapid development of pan-European regulations has resulted in extensive reporting requirements for the financial industry and requires considerable resources in the various institutions. A significant part of the reporting is in XBRL format. Finanstilsynet expects the reporting volume to continue to increase in the years ahead. This will entail additional requirements for the technical solutions and require extensive changes to the existing reporting solution. The reporting requirements are an important part of the regulatory framework, and supervision of reporting quality hence an important part of the supervisory process. The reported data are also essential to enabling Finanstilsynet to fulfil its mission. Good technical solutions that facilitate efficient reporting and high data quality play a crucial role in the development of more efficient and data-driven supervisory follow-up. In addition to Finanstilsynet's own use of reported data, further reporting, with short deadlines, to the European Supervisory Authorities (ESAs) is also required. Finanstilsynet also shares data with other parts of the public sector, including Norges Bank and the Norwegian Banks' Guarantee Fund,…

Award criteria

Awards

Awarded toAmountDate
Regnology Ireland Ltd. 107,327,425 kr

Official publications

Other tenders from Finanstilsynet

Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is 110,000,000 kr.
Who is the buyer of this tender?
The contracting authority is Finanstilsynet (European Union).
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Data collected from official public procurement sources. Amounts as published by the buyer.