Regulatory data collection for financial regulators
Line4 collects returns from regulated firms in XBRL, Excel or CSV through a secure portal and validates them as they land, so supervisors receive complete, checked data instead of fixing it afterwards. That is straight-through reporting.
The problem today
- Returns arrive by email or as macro-driven spreadsheets, then get checked by hand.
- Validation happens after submission, so analysts chase firms for fixes.
- One person understands the collection system, and everything depends on them.
How Line4 does it
- 01
A secure submission portal
Firms file XBRL, Excel or CSV returns through one portal, with obligations and deadlines set by your team.
- 02
Validation at the gate
Deterministic validation and plausibility rules run as a filing lands, with plain-language feedback so firms fix problems at source.
- 03
Rules you control
Validation logic is versioned and auditable, and your team can change it without waiting for a vendor release.
- 04
Ready for granular data
XBRL sits at the edge of the platform, so the move to API-first, granular collection is an iteration rather than a replatform.
Proven in production
At an international financial regulator
- Macro-driven Excel prudential submissions retired for a secure web portal at an international financial regulator.
- Real-time validation removed a key-person dependency.
- Now moving to an API-first platform for Excel-free submissions.
Questions
Which formats can firms submit?
XBRL, Excel and CSV today, with validation against your taxonomies at the point of submission. API-first, granular submission can be added without a replatform.
Can firms keep filing in Excel?
Yes. Many supervisors keep Excel templates during a transition. The difference is that each template is validated as it lands, and the data is stored in a structured model from the first filing.
Can our team change validation rules?
Yes. Rules are versioned and auditable, and your team can change them without a vendor release cycle.
How long does it take to go live?
Weeks to first production. At an international regulator, a secure submissions portal was one of four systems delivered in six months.