Do our firms have to change anything?

No. Firms keep producing the same standard files. They file to a new address, with their own key if they file from their systems.

What if some of our checks live outside the taxonomy?

They show up on day one. Your team rebuilds them in plain English, and each one is tested against your own filing history before it goes live.

Where does our data go?

Line4 runs in your own cloud. Your taxonomy, your filings and your results stay there.

What if the parity report shows differences?

Then you see exactly which rules, which filings and which figures, before anything changes. You switch when the report says you can.

Line4

Readiness check

Switching to Line4

Switch in a week.

Your definitions, your rules and your filing history already live in open standards. Line4 reads them where they are, replays your recent cycles and shows you, rule by rule, that it gets the same answers, before anything changes for your firms.

What moves, and how

01Your definitions and rulesPoint Line4 at the taxonomy package you already publish for your firms. The open standard behind it was designed so any certified tool can read the whole rulebook from one place.

02Your filing historyOne export of your past returns. Line4 checks every one of them again, so you can compare the results with what your current system said.

03Your people and your firmsYour staff sign in with your own identity provider. Firms keep their reporting software and simply file to a new address.

Days one to three, working today

Point it at your taxonomy.

Paste the address of the taxonomy package you already publish. Line4 reads every entry point, template and rule, and shows how many of those rules it runs today. The public European banking package: 50 kinds of return, 799 templates and 7,370 rules, read in about 15 seconds. Then upload one archive of past returns: Line4 replays every one exactly as its gate would, without touching live filings. Then upload your current platform’s outcomes for the same filings, and Line4 compares every rule outcome and explains each difference.

Line4 reading a published banking taxonomy package: 50 entry points, 799 templates and 7,370 rules

The week

Day 1ConnectPoint Line4 at your taxonomy and your filing archive. You see straight away what it has loaded, and anything that needs a decision.
Day 2ReplayYour recent reporting cycles run through Line4, exactly as they were filed.
Day 3Parity reportSame pass or fail, rule by rule, on your own filings. Every difference is listed with the figures behind it.
Day 4Close the gapsChecks that lived outside your taxonomy are rebuilt in plain English and tested on your history. Keys and sign-in are set up.
Day 5Run side by sideLive returns run through both systems. You decide when to switch, with the evidence in hand.

Real-time supervision starts with getting the data in. Switching should never be the reason you wait.

Questions

Do our firms have to change anything?: No. Firms keep producing the same standard files. They file to a new address, with their own key if they file from their systems.
What if some of our checks live outside the taxonomy?: They show up on day one. Your team rebuilds them in plain English, and each one is tested against your own filing history before it goes live.
Where does our data go?: Line4 runs in your own cloud. Your taxonomy, your filings and your results stay there.
What if the parity report shows differences?: Then you see exactly which rules, which filings and which figures, before anything changes. You switch when the report says you can.

AI you can audit →