After a successful proof of concept, BayernLB will now start using firesys for its financial reporting. Despite the difficult market environment, BayernLB is a fast-growing and modern company. In particular, the subsidiary Deutsche Kreditbank (DKB) continues to prove to be the number 1 growth engine thanks to its dynamic development and steady increase in earnings. firesys is very pleased to be part of this determined development.
At the end of December, ESMA (European Securities and Markets Authority) published the ESEF Taxonomy 2019 (see ESMA notification). According to ESMA, the taxonomy meets all relevant technical and legal requirements of the updated ESEF Regulation. Further information regarding the technical innovations can be found on the IASB website.
In addition to the taxonomy itself, further technical information is also provided for download.
Annual reports with IFRS consolidated financial statements must be tagged with this taxonomy and published in iXBRL format from 2020.
In order to deposit the new taxonomy in toolsxbrl from firesys, the following "Entry-Point" for the taxonomy must be deposited:
We are happy to support you in this.
Körber AG, headquartered in Hamburg, concentrates on five business areas: Körber Digital, Logistics Systems, Pharmaceutical Systems, Tissue and Tobacco. Körber is a leading international technology group that already today creates customer solutions for tomorrow and later on. We are looking forward to simplifying and supporting the Körber financial reporting with firesys.
With brands such as 1 & 1 Drillisch, IONOS by 1 & 1, GMX and WEB.DE, United Internet offers a broad portfolio of internet access products and cloud applications. United Internet AG is a leading european internet specialist with over 24 million customer contracts and around 37 million advertising-financed free accounts. We are pleased to announce that United Internet is now relying on firesys.
We are pleased to be able to support two more new customers with our software and our know-how in the upcoming annual report. SAF-HOLLAND is the largest listed commercial vehicle supplier in Europe and present in most markets worldwide. Cyan AG is a German company with headquarters in Munich and Vienna. Specializing in IT security and data analysis since the early 1990s, cyan has its own research and development center and works closely with academic institutions, international organizations and financial institutions.