<IR> Technology Initiative gets underway

Posted
30 March, 2015

At the first face-to-face meeting of the <IR> Technology Initiative on 18 March 2015 in London, participants in this new <IR> Network decided to focus their joint attention on producing an initial report, ‘Technology blueprint to support Integrated Reporting‘. This blueprint is intended for use by companies who want to make their Integrated Reporting processes more scalable, collaborative and efficient. It is due for publication in Q4 of 2015.

The <IR> Technology Initiative now has 12 participants from different specialist domains within the technology industry: Atos, Business Reporting Advisory Group, Credit 360, Deloitte, EY, Fujitsu, Indra, KPMG, PwC, S4SB, SAP and Tagetik. This group also has a policy observer from the European Commission.

Participants in the network prepared for the meeting by jointly researching significant topics where technology intersects with next-generation reporting. At the meeting, they presented their findings from the research, as well as hearing about the latest news from the world of <IR>.

While the <IR> Technology Initiative will be carrying out its own work, it is also expecting to provide support and guidance to other <IR> networks. So if participants in other <IR> networks find that they need help unlocking a problem, particularly in terms of how they might deploy innovation and technology in their favour, there will be opportunities to discuss potential solutions with the technology participants.

The technology blueprint for <IR> will cover four main topics: building the business case for the use of technology in next-generation reporting; creating and deploying a suitable IT architecture for such a requirement; managing disclosure to internal and external stakeholders; and defining a practical, multi-step adoption process for such technologies.

The next face-to-face meeting of the <IR> Technology Initiative is expected to take place in October 2015 in New York, USA.

Companies interested in joining the Network should address their inquiry to techinitiative@theiirc.org