Company Performance Metrics
SimplePraxis provides tools, services, platforms, and methodologies to support financial business operations. The company focuses on reducing manual workload and standardizing processes for banks, stock market institutions, insurance firms, investment firms, and other financial entities. Its SimpleBankReporter Tool is an Excel-based application and
related methodology that assists banks in preparing and submitting regulatory reports to European authorities. The tool converts data entered in Excel templates into CSV or XBRL/XML formats and can be integrated with bank information systems through digital links. SimplePraxis also offers training, implementation support, and consulting to help clients automate data entry and report generation. Subscription packages are provided per financial entity with ongoing updates to remain aligned with regulatory reporting changes.