#Intro
The danish FSA and the national bank recently introduced FINOA, a new system for financial institutions to report their activities to the authorities.
#The problem
The idea is good, but the current documentation of the actual reporting process lacks proper clarity and is 10x more complex than it could be.
#The solution
Let me introduce the first open source FIONA documentation repo in GitHub 🙌 Here you can find:
- An example of what a successful FINOA report in .XML format looks like
- A dictionary that explains what all the tags and values means in the .XML file from point 1.
- A backend export checklist that can be used to export all numbers from your data warehouse that cannot be easily found manually, that the .XML file requires
#Step by step tutorial:
- Read the official document called "Teknisk anvisning" to understand the basics.
- Copy the XML file to your local directory.
- Export all numbers from your data warehouse using the backend export checklist.
- Change all attributes on the local XML file to the correct values for your company by using the dictionary and the numbers from the backend export checklist.
- Do a final sanity check of the XML file before uploading it to the FIONA system.
- Upload the XML file to the FIONA system and adjust if needed.
- Celebrate 🎉
#Technologies
This project is built with 100% frustration with terrible technical and overall communication clarity in the existing FINOA documentation and legacy financial systems.
#Contributions
Contributions are welcome! Please feel free to submit a PR or open an issue.
#License
Open source, let's learn together ❤️