SBR Nexus

What SBR Nexus does

SBR Nexus is a Dutch business data exchange platform operated by Financiële Rapportages Coöperatief B.A. (FRC), a cooperative established in December 2009 by the three largest Dutch banks — ABN AMRO, ING, and Rabobank — and headquartered in Abcoude, Netherlands. The platform functions as the Dutch market standard for standardized, secure transmission of business data between companies, organizations, and financial institutions using the SBR (Standard Business Reporting) framework with XBRL as the underlying structured data format. Core infrastructure consists of the Bancaire Infrastructurele Voorzieningen (BIV) for receiving, validating, and forwarding reports, supplemented by domain-specific taxonomies (Financierentaxonomie FT20, Vastgoedtaxonomie VT17, Agro Taxonomie AGT) that define data standards across financial reporting, real estate, and agriculture.

The product portfolio spans five primary data products: SBR Jaarrekening (annual accounts in XBRL, mandatory for bank submissions from January 1, 2026), ESG Data Exchange (launched 2025, covering Real Estate, Agricultural, and Transport sectors), SBR Huurinformatie (rental information from Property Management Systems), Standaard Bankverklaring (standard bank declarations via a dedicated SBV portal), and SBR Taxatierapport (structured appraisal reports). Users access the platform through the Aanleveren Portaal, the SBV Portal, or the Mijn Data Mijn Business portal (targeted at NOAB offices), authenticated via eHerkenning (EH3 minimum) for business users and iDIN for individuals.

SBR Nexus operates a multi-sided B2B2B business model, generating revenue from managed infrastructure services to financial institutions, software vendor onboarding/licensing, and transaction-based fees (notably a PDF-to-XBRL conversion service run via partner Pro Management / SBR Service Centrum). The platform connects eight Dutch banks and a broad ecosystem of accounting, PMS, and appraisal software vendors, with no public pricing disclosed. Cooperative ownership by the three founding banks means the entity is structured for industry-wide standardization rather than venture-scale returns, and revenue is not publicly disclosed.

Name

SBR Nexus

Legal name

Financiële Rapportages Coöperatief B.A.

Website

https://sbrnexus.nl

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

SBR Nexus, operated by FRC (a cooperative founded by ABN AMRO, ING, and Rabobank), is the Dutch market standard for standardized XBRL-based business data exchange between companies, financial institutions, and software vendors, spanning annual accounts, ESG, rental, appraisal, and bank declaration reporting.

Ownership category

akta.pro rank

Product category

Financial Data Exchange Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Activities Related to Credit Intermediation (5223)

SIC

Finance Services (6199)

akta.pro primary industry

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)

akta.pro secondary industries

Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA), Financial Planning & Analysis (FP&A) & BI (HDAEAMAG), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• Standard business reporting
• XBRL data exchange
• Banking reporting infrastructure
• ESG data standardization
• Financial reporting platform

Headquarters

HQ city

Abcoude

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Infrastructure and Platform Services: SBR Nexus provides the infrastructure for financiers to receive standardized and validated data. Revenue is derived from facilitating data exchange between businesses and financial institutions through its platform.
2. Software Vendor Onboarding: Software vendors connect to SBR Nexus standards to enable their users to exchange information with financiers. Partnership managers assist with implementation, test trajectories, and quality assurance.
3. PDF Conversion Service: A conversion service (via SBR Service Centrum) converts PDF financial statements to SBR format (XBRL), enabling acceptance by financiers and banks.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

SBR Nexus operates a Dutch standardized business data exchange platform that enables companies, accountants, property managers, and appraisers to submit financial and business reports to banks in structured XBRL format. The platform operates the Bancaire Infrastructurele Voorzieningen (BIV) for receiving, validating, and forwarding Standard Business Reporting (SBR) reports to participating financial institutions, supporting data products including annual accounts, rental information, appraisal reports, ESG data, and standard bank statements.

Product overview

SBR Nexus is a platform operated by the Financiële Rapportages Coöperatief (FRC) — a cooperative backed by ABN AMRO, ING, and Rabobank — that serves as the Dutch market standard for exchanging structured business data between companies and financial institutions. The offering comprises a central data exchange platform and multiple specialized data products: SBR Jaarrekening (annual reports in XBRL format, with three variants for natural persons, legal entities, and limited legal entities), ESG Data Exchange (covering real estate, agriculture, and transport sectors, launched in 2025), SBR Huurinformatie (rental information via connected PMS systems), Standaard Bankverklaring (standard bank statements via a dedicated SBV portal), and SBR Taxatierapport (appraisal reports in XBRL). Supporting these data products are taxonomies (Financierentaxonomie FT20, Vastgoedtaxonomie VT17, Agro Taxonomie AGT) that serve as the structural blueprints for each data domain. Users access the infrastructure primarily through the Aanleveren Portaal (aanleveren.sbrnexus.nl) for general data submission, the SBV Portal (sbv.sbrnexus.nl) for bank statement requests, or app.mijndatamijnbusiness.nl (Mijn Data, Mijn Business) for NOAB office submissions. The platform validates and routes data to receiving banks, but does not store or assess the substantive content of submitted reports.

Differentiator

Problem solved

Functional benefit

Products and services

• SBR Nexus Platform Central data exchange platform enabling standardized, secure transmission of business data between companies, organizations, and financial institutions in the Netherlands, supporting multiple report types via a single infrastructure connection.
• Aanleveren Portaal User portal for submitting data products directly to banks and receiving parties. Users authenticate via eHerkenning or iDIN, upload data, manage submissions, and track delivery status.
• SBV Aanvraagformulier (SBV Portal) Digital application form for requesting Standard Bank Statements, developed jointly by SBR Nexus and the three major Dutch banks. Accountants submit requests and entrepreneurs sign digitally, with automatic routing to the bank.
• SBR Jaarrekening (Annual Report via SBR) Standardized digital annual report in XBRL format for submission to banks. Three variants exist: Natuurlijk Persoon (sole proprietors), Rechtspersonen (medium/large organizations), and Rechtspersonen Beperkt (BVs, NVs, CVs, foundations). Becomes the mandatory standard from January 2026.
• ESG Data Exchange Initiative for standardizing Environmental, Social, and Governance data exchange. Covers sectors including Real Estate (commercial, residential, public), Agriculture (dairy, horticulture, livestock), and Transport (road, inland shipping). Enables enterprises to submit ESG data digitally to banks via standardized taxonomies.
• SBR Huurinformatie (Rental Information) Digital exchange of rental information between property managers/lenders and banks via Property Management Systems. Validates data elements (e.g., lease expiration dates, unit IDs, KvK numbers) against agreed standards and routes validated data to the correct bank.
• Standaard Bankverklaring (Standard Bank Statement) Official document requested by accountants or administration offices, obtained through the SBR Nexus SBV portal. The bank prepares and forwards the statement to the accountant, simplifying administrative processes, reducing burden, improving data quality, and enabling data reuse.
• SBR Taxatierapport (Appraisal Report) Digitally structured real estate appraisal report in XBRL format, enabling automatic bank intake without manual processing. Reduces questions from banks and streamlines the appraisal process for mortgage and lending purposes.
• Mijn Data, Mijn Business Alternative entry point to the SBR Nexus infrastructure. The portal is used primarily by NOAB offices for data submission with eHerkenning login, supporting various data products.
• PDF Conversion Service Paid conversion service that transforms PDF annual accounts to XBRL format for SBR submission. Enables accountants using non-certified software to comply with SBR requirements via the SBR Service Centrum.

Quantifiable outcome

• Automated data processing eliminates manual entry errors and accelerates credit assessment processes
• +2 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered core, flagship and minor.

• FRC (Financiële Rapportages Coöperatief B.A.)coreStrategic or Co-development Partner · 1 December 2009FRC is the parent cooperative that operates SBR Nexus. It was established in December 2009 by ABN AMRO Bank N.V., ING Bank N.V., and Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank Nederland). FRC is responsible for the implementation and exploitation of the Standard Business Reporting methodology. The cooperative is registered with the Chamber of Commerce under number 34375187 and conducts business under the trading names SBR Nexus and Mijn Data, Mijn Business.
• ASN BankflagshipChannel Partner/ Reseller/ DistributorDutch sustainable bank partner connected to SBR Nexus infrastructure for receiving standardized business data from clients.
• BNG (Bank Nederlandse Gemeenten)flagshipChannel Partner/ Reseller/ DistributorDutch bank for municipalities connected to SBR Nexus infrastructure for receiving standardized business data from public sector clients.
• Nederlandse WaterschapsbankflagshipChannel Partner/ Reseller/ DistributorDutch bank for water boards connected to SBR Nexus infrastructure for receiving standardized business data from water management sector clients.
• Triodos BankflagshipChannel Partner/ Reseller/ DistributorDutch sustainable bank partner connected to SBR Nexus infrastructure for receiving standardized business data from sustainable business clients.
• De VolksbankflagshipChannel Partner/ Reseller/ DistributorDutch retail bank (brands include ASN Bank, BLG Wonen, and RegioBank) connected to SBR Nexus infrastructure for receiving standardized business data from clients.
• SBR Service CentrumminorChannel Partner/ Reseller/ DistributorConversion service partner for converting PDF annual accounts to SBR format (XBRL), enabling submission through the SBR Nexus platform.
• Pro ManagementminorChannel Partner/ Reseller/ DistributorProvider of PDF Conversion Service that converts PDF annual accounts to XBRL format for SBR submission.
• ESG Initiative Partners (8 Banks)flagshipChannel Partner/ Reseller/ DistributorEight banks collaborating with SBR Nexus on the ESG data initiative, working with sector parties and data providers to develop standards, taxonomies, and data products for ESG information exchange in Real Estate, Agricultural, and Transport sectors.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Workiva: Workiva provides a cloud platform for connected regulatory and financial reporting built on XBRL, directly analogous to SBR Nexus's standardized reporting infrastructure for financial institutions and regulated entities.

Broad incumbents

• Wolters Kluwer: Wolters Kluwer operates broad finance, risk, and regulatory compliance software for banks and corporates, overlapping with SBR Nexus's regulatory reporting and compliance data exchange capabilities but at a global scale and across many adjacent products.
• SWIFT: SWIFT operates a global bank-to-bank financial messaging network, comparable to SBR Nexus's role as a bank-aligned data exchange infrastructure, though at much greater scale and with cross-border rather than domestic focus.

Emerging players

• Plaid: Plaid provides connectivity infrastructure between financial institutions and software applications, conceptually similar to SBR Nexus's two-sided bank/software-vendor model, but oriented toward consumer account-data access rather than business-reporting data exchange.
• Tink (Visa): Tink, owned by Visa, operates open-banking connectivity and PSD2-compliant data aggregation across European banks. Comparable to SBR Nexus in bridging financial institutions with software via standardized APIs, though focused on account-data access rather than reporting.

Regional players

• Visma: Visma provides accounting, ERP, and compliance software for SMBs and accountants across the Nordics and Northern Europe, comparable to SBR Nexus in serving the accountant/SMB-to-financial-institution reporting chain, but with broader software suite and Nordic geography.
• Signicat: Signicat provides digital identity and trust services (eID, e-signing, KYC) to European financial institutions and public sector, comparable to SBR Nexus's eHerkenning/PKI signing layer as identity infrastructure that underpins regulated data exchange.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SBR Nexus