IRIS Business Services Ltd selected by Accenture as vendor for the XBRL project

IRIS Business Services Limited has been selected by Accenture as the successful vendor for a significant regulatory technology engagement - the XBRL Project (Tender No. M/39/2024 - Data Collection Project for Data Management 2024), being undertaken for the Qatar Central Bank. The award is currently at the notification stage and is subject to the finalization and execution of a formal agreement, which will outline in detail the scope of work, deliverables, timelines, and commercial terms as agreed during the RFP process.

This project is part of a broader initiative by the Qatar Central Bank to enhance its regulatory data collection and supervision capabilities through the implementation of a modern data standards (particularly XBRL, eXtensible Business Reporting Language) based digital platform.

This engagement further strengthens IRIS's positioning as a leading global provider of SupTech & RegTech solutions and underlines our growing footprint in the Middle East. It also reaffirms the confidence global institutions place in our expertise in structured data and regulatory reporting.

Shares of IRIS Business Services Ltd was last trading in BSE at Rs. 310.55 as compared to the previous close of Rs. 316.85. The total number of shares traded during the day was 2715 in over 14 trades.

The stock hit an intraday high of Rs. 310.55 and intraday low of 310.55. The net turnover during the day was Rs. 843143.00.

Source : Equity Bulls

Keywords

IRISBusinessServices INE864K01010 Vendor Accenture XBRLProject