CoreFiling
CoreFiling is a privately held UK fintech founded in 1997 that provides XBRL and iXBRL digital reporting software, the True North Data Platform, and professional services to regulators, financial institutions, public companies, and audit firms.
- Company typePrivate
- Founded1997
- HeadquartersOxford, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What CoreFiling does
CoreFiling Limited is a privately held UK fintech founded in 1997 and headquartered in Oxford, with additional operations in Asia Pacific and Central Europe. The company specialises in digital regulatory and business reporting using the XBRL and iXBRL open standards, serving regulators, financial institutions, public companies, and audit firms that must comply with mandates such as ESEF, CSRD/ESRS, Solvency II, and CRD IV. CoreFiling invented the iXBRL format adopted in ESEF reporting and participates in standards-setting bodies including XBRL International, XBRL US, and EFRAG, giving it direct influence over the regulatory frameworks its products implement.
The company's core asset is the True North Data Platform (TNDP), a microservices-based architecture providing end-to-end functionality — taxonomy formalisation, report creation, assurance, data collection, and processing — exposed through both SaaS applications and APIs. Surrounding the platform is a portfolio of packaged products (Seahorse SaaS for iXBRL Excel conversion, Beacon for submission error validation, Full Beam for document search, Yeti for taxonomy viewing, and an ESEF Taxonomy Extender) plus a Taxonomy Management System used by CoreFiling for rule-driven taxonomy generation. Revenue is generated through three streams: subscription/SaaS licences on the True North platform, professional services (taxonomy creation, conversion, training, consulting), and API/developer-tool access for platform integration. Customer logos include the Bank of England, HSBC, Companies House, EIOPA, ESMA, EBA, Prudential, Allianz, Morgan Stanley, KPMG, and the National Bank of Georgia.
Distribution combines direct enterprise sales — focused on managing national filing programmes with regulators — with a channel ecosystem of software, alliance, and platform partners that resell or white-label CoreFiling tools to end users. The company is ISO 27001 certified and holds XBRL Certified Software designation from XBRL International, and operates on a quote-based, multi-year enterprise pricing model with no publicly disclosed pricing.
CoreFiling firmographics
Firmographics- Name
- CoreFiling
- Legal name
- CoreFiling Limited
- Website
- https://corefiling.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- CoreFiling is a privately held UK fintech founded in 1997 that provides XBRL and iXBRL digital reporting software, the True North Data Platform, and professional services to regulators, financial institutions, public companies, and audit firms.
- Ownership category
- akta.pro rank
CoreFiling industry classification
Industry- Product category
- Regulatory Reporting Software
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Educational Support Services (61171)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Educational Services (8200)
- akta.pro primary industry
- Data Distribution, Connectivity & Market Data Platforms (Entitlements, Normalization, APIs) (FSAFAIAJ)
- akta.pro secondary industry
- Infrastructure, Networking & Systems Administration Training (BPAEANAJ)
Keywords
Where CoreFiling is headquartered
LocationHeadquarters
- HQ city
- Oxford
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
CoreFiling business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licenses and Subscriptions: CoreFiling offers SaaS applications through its True North Data Platform, providing subscription-based access to reporting, validation, and data collection tools.
- Professional Services: XBRL services including taxonomy creation, XBRL conversion, training, and consulting for digital reporting compliance.
- API Access and Integration: Developer tools and APIs for integrating XBRL functionality into customer platforms, providing programmatic access to the True North Data Platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise Solutions - Custom pricing based on scope and requirements |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
CoreFiling product offering
Product offeringCore offering
CoreFiling builds and sells the True North Data Platform (TNDP), a microservices-based platform for digital reporting ecosystems, alongside XBRL/iXBRL SaaS applications such as Seahorse (Excel-to-iXBRL conversion) and Beacon (filing validation). The company also provides APIs and developer tools for embedding XBRL functionality, professional services for taxonomy design, conversion and training, and open-source XML utilities, serving regulators, financial institutions, public companies, and assurance providers worldwide.
Product overview
CoreFiling offers a unified True North Data Platform (TNDP) with multiple integrated solutions and products for digital business reporting. The platform serves as the core infrastructure supporting reporting solutions (for creating XBRL, iXBRL, XML documents), data collector solutions (for setting up digital reporting programmes), auditor solutions (for digital disclosure assurance), and XBRL developer tools (for platform integration). Key products include Seahorse SaaS for iXBRL Excel conversion, Beacon for submission error decoding, and Full Beam for search functionality. The company also offers professional services including XBRL Services, XBRL Training, and XBRL Conversion. Additional trademarked products include Magnify, MantaRay, Sphinx, SpiderMonkey, XDMP, and Yeti (Community Taxonomy Viewer). Open source tools are available for XML processing.
Differentiator
Problem solved
Functional benefit
Brands
- Beacon: Regulatory submission error detection and resolution tool
- DecisionSoft
- Full Beam
- Magnify
- MantaRay
- Seahorse
- Sphinx
- SpiderMonkey
- True North
- True North Forms Connector
- XDMP
- Yeti
- True North Data Platform (TNDP)
- Seahorse SaaS
Products and services
- True North Data Platform (TNDP) End-to-end microservices platform for digital reporting ecosystems that formalises rules and data into models, then supports report creation, assurance, data collection and processing. Includes APIs for integration and SaaS applications for common use cases, available as subscribable facilities.
- Seahorse SaaS iXBRL conversion SaaS that converts Excel-based accounts into Inline XBRL format for regulatory submissions such as EIOPA Solvency II. Successor to EIOPA's T4U reporting tool.
- Beacon Tool for decoding and solving regulatory submission errors in XBRL filings, helping filers understand what they are submitting and identify issues before regulators reject the filing.
- Full Beam Search and discovery application on the True North Data Platform for searching and locating content within XBRL documents.
- Yeti (Community Taxonomy Viewer) Web-based Community Taxonomy Viewer tool for browsing and examining XBRL taxonomies.
- ESEF Taxonomy Extender Tool that enables taxonomy extension capabilities to help companies prepare for ESMA ESEF reporting mandate compliance.
- Benford's Analyser Free tool that applies Benford's Law analysis to numerical financial data to identify potentially fraudulent patterns as an anomaly detection capability.
- Open Source XML Tools Free online open-source XML utilities including XML Schema Validator, XML Pretty Print, and XML Differences comparison tool, supporting XBRL and XML workflows.
- XBRL Conversion Services Professional conversion services for transforming documents into XBRL and iXBRL formats for regulatory submissions.
- XBRL Training Training services for XBRL including hands-on taxonomy workshops and workshops on data quality rules automation.
- XBRL Professional Services Professional services for XBRL implementation including consulting, taxonomy design and development, conversion, and reporting support.
Companies that use CoreFiling
Customer profileNamed customers17 records
Segments4 records
Ideal customer profiles4 records
CoreFiling technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature7 records
CoreFiling partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and notable.
- National Bank of GeorgiacoreData collection modernisation project to harmonise with European best regulatory banking practices, supporting Georgia's EU accession aspirations.
- XBRL InternationalcoreCoreFiling is an active contributor to XBRL International Inc (XII), participating in working groups including the Filing Rules Working Group and contributing to XBRL standard development and best practices.
- XBRL UScoreActive participant in XBRL US initiatives including the Data Quality Committee (DQC), Consistency Suite development, and Government Reporting Working Group.
- EFRAGcoreCoreFiling collaborates with the European Financial Reporting Advisory Group on ESRS taxonomy development and CSRD compliance standards.
- FCAnotableParticipated in FCA's Sustainability TechSprint, contributing expertise in ESG data standards and digital reporting to regulator-led innovation initiatives.
- FRCnotableActive contributor to FRC's Digital Future initiatives, including round tables on data standards and XBRL taxonomy design for UK financial reporting.
- KVK (Kamer van Koophandel)notableWorking with service and resale partners to help large businesses in the Netherlands meet new iXBRL requirements for submitting financial statements to the Dutch Chamber of Commerce.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
CoreFiling competitors and assessment
Company assessmentDirect peers
- Workiva: Workiva is the leading SaaS platform for SEC, ESEF, and CSRD/iXBRL regulatory disclosures, serving large enterprises and audit firms. It is CoreFiling's most direct competitor in the digital business reporting space, with overlapping XBRL tagging, validation, and assurance functionality.
- Certent (now part of Workiva): Certent historically specialized in equity compensation and financial regulatory reporting (10-K, 10-Q, XBRL) before being acquired by Workiva. It is a direct historical peer in XBRL/iXBRL filing software, now consolidated within Workiva's platform.
- Toppan Merrill: Toppan Merrill provides SEC filing, EDGAR, and XBRL/iXBRL services for public companies and law firms. It is a direct peer in regulatory financial reporting with strong US market overlap, particularly for large-cap iXBRL submissions.
- Regnology (formerly BearingPoint RegTech): Regnology is a specialist RegTech vendor offering XBRL-based regulatory reporting solutions to banks, insurers, and regulators (including EBA, EIOPA, ECB). It is one of CoreFiling's closest direct competitors in the European regulatory data collection and reporting space.
Broad incumbents
- SAP Disclosure Management: SAP Disclosure Management is part of SAP's broader finance and GRC suite and offers XBRL/iXBRL tagging integrated with SAP S/4HANA. It competes with CoreFiling for large ERP-anchored enterprise customers needing digital regulatory reporting.
- Deloitte (Regulatory Reporting / XBRL services): Deloitte offers regulatory reporting transformation, XBRL assurance, and managed services to financial institutions. It is a broad incumbent that both competes with and uses CoreFiling-adjacent tooling in iXBRL delivery engagements.
- Wolters Kluwer TeamMate / CCH Tagetik: Wolters Kluwer's CCH Tagetik and TeamMate provide corporate performance management, audit, and regulatory reporting solutions with iXBRL capabilities. They compete with CoreFiling in the EMEA enterprise compliance and audit tooling market.
- Ideagen (now part of Insightsoftware / DHC Group): Ideagen (now part of DHC Group / insightsoftware) offers regulatory and quality management software including XBRL/iXBRL components for financial reporting and GRC, with comparable EMEA enterprise and audit-firm customers.
Emerging players
- LucaNet: LucaNet provides financial consolidation, reporting, and ESG/CSRD software for European mid-market and enterprise customers. It overlaps with CoreFiling in regulatory and sustainability reporting workflows, particularly for DACH-region companies.
Regional players
- Crossfire (XBRL Services / IRIS): Crossfire (Bulgaria) provides XBRL/iXBRL conversion, taxonomy, and filing services primarily serving European regulators and filers. It is a regional peer with overlapping XBRL technical capabilities but a smaller scale and footprint than CoreFiling.
Market position
Strengths5 records
Weaknesses3 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CoreFiling social profiles
Digital presenceCoreFiling compliance and trust
Trust signalCompliance2 records
CoreFiling financial estimates
Financial estimateRevenue estimate
Valuation estimate
CoreFiling leadership team
Management profileNumber of profiles
Profiles2 records
CoreFiling funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CoreFiling M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CoreFiling
What does CoreFiling do?
CoreFiling builds and sells the True North Data Platform (TNDP), a microservices-based platform for digital reporting ecosystems, alongside XBRL/iXBRL SaaS applications such as Seahorse (Excel-to-iXBRL conversion) and Beacon (filing validation). The company also provides APIs and developer tools for embedding XBRL functionality, professional services for taxonomy design, conversion and training, and open-source XML utilities, serving regulators, financial institutions, public companies, and assurance providers worldwide.
Is CoreFiling a public or private company?
CoreFiling is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CoreFiling founded?
CoreFiling was founded in 1997. It employs 51 to 100 people.
Where is CoreFiling based?
CoreFiling is headquartered in Oxford, United Kingdom, in the Europe region.
How does CoreFiling make money?
Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are professional Services and API Access and Integration.
Who are CoreFiling's main competitors?
Direct peers on record are Workiva, Certent (now part of Workiva), Toppan Merrill and Regnology (formerly BearingPoint RegTech). Broad incumbents are SAP Disclosure Management, Deloitte (Regulatory Reporting / XBRL services), Wolters Kluwer TeamMate / CCH Tagetik and Ideagen (now part of Insightsoftware / DHC Group). LucaNet is listed as an emerging player. Crossfire (XBRL Services / IRIS) is listed as a regional player.
Does CoreFiling have an API?
Yes. The True North Data Platform (TNDP) provides APIs for integration, enabling developers to validate XBRL files, perform conversions, handle OIM JSON data, access filing statistics, and embed platform results into web pages. APIs support core XBRL operations including validation, conversion, taxonomy management, and filing processing.
What industry is CoreFiling in?
CoreFiling's product category is Regulatory Reporting Software. Its primary akta.pro industry code is FSAFAIAJ, Data Distribution, Connectivity & Market Data Platforms (Entitlements, Normalization, APIs), with a secondary code of BPAEANAJ, Infrastructure, Networking & Systems Administration Training. Its NAICS code is 5132 and its SIC code is 7372.