IRIS Business Services Limited (IRIS), a global RegTech company specializing in structured data and regulatory reporting solutions, has announced a strategic partnership with Board International, a leading Enterprise Planning software company. This collaboration aims to integrate IRIS CARBON®, IRIS's flagship SaaS disclosure reporting platform, with Board's Financial Consolidation and Close capabilities.

Key Partnership Details

• Integration Focus: The partnership will connect the entire reporting cycle – from financial close to regulatory submission – within a single, secure workflow.
• Target Market: The integrated solution is designed for enterprises managing financial, ESG, and compliance reporting across teams and geographies.
• Regulatory Compliance: The system supports global digital regulatory frameworks including ESEF, SEC, FERC, and emerging ESG/sustainability reporting standards.

Benefits of the Integrated Solution

1. Streamlined Workflow: Companies can now go from close to disclosure without switching systems, improving efficiency and speed.
2. Enhanced Data Consistency: The integration ensures data consistency across finance, legal, investor relations, and sustainability functions.
3. Risk Reduction: Features such as role-based access, version control, and built-in validations help minimize filing risks and eliminate data silos.
4. Compliance Ready: The unified platform offers a scalable and compliance-ready digital reporting framework.

Executive Insights

Anuradha RK, Business Head of IRIS CARBON, stated, "We are making the end-to-end reporting easier and more accessible for enterprise teams. Together with Board, we are giving Board's customers one connected workflow to meet today's reporting demands and prepare for what's next."

Vijay Kurkal, COO of Board International, emphasized the solution's relevance, saying, "Disclosure requirements are getting more complex, and the cost of getting them wrong is higher than ever. This partnership helps our customers go from close to disclosure without switching systems or sacrificing speed. It's a smarter way to report."

The unified Disclosure Management solution is now available to customers of both Board and IRIS CARBON®, offering a powerful tool for companies to navigate the increasingly complex landscape of financial and non-financial reporting.

This partnership marks a significant step in simplifying the reporting process for enterprises, potentially reducing the time and resources required for regulatory compliance while improving accuracy and transparency in financial disclosures.

IRIS Business Services Limited , a leading provider of regulatory technology solutions, has announced a significant international contract win with the General Tax Authority of Qatar. The company has been awarded Contract No. 4629/2025 for the implementation and support of financial reports in XBRL format, marking its first Supervisory Technology (SupTech) project with a tax authority.

Contract Details

The contract, spanning six years, encompasses a comprehensive range of services including:

• Implementation of XBRL-based financial reporting systems
• Installation of necessary infrastructure
• Ongoing operational support
• Maintenance services
• Technical support for the duration of the contract

This strategic win not only strengthens IRIS's position in the Middle East market but also enhances its global standing as a provider of SupTech and RegTech solutions.

Strategic Significance

Santoshkumar Sharma, Company Secretary & Compliance Officer of IRIS Business Services, stated in the company's regulatory filing, "This award further strengthens IRIS's positioning as a leading global provider of SupTech and RegTech solutions and underlines our growing footprint in the Middle East."

The company emphasized the strategic importance of this contract, as it represents their first SupTech project with a tax authority. This breakthrough is expected to open doors for similar opportunities in other jurisdictions.

Contract Value and Execution

While the exact value of the contract remains confidential, IRIS Business Services has disclosed that it is required to submit a Performance Bank Guarantee and other statutory documents as a precondition for the formal execution of the contract.

Market Impact

This international contract is a testament to IRIS Business Services' expanding global presence and its capability to deliver sophisticated regulatory technology solutions to government authorities. The six-year duration of the contract also provides a stable revenue stream and long-term engagement with a prestigious client.

As regulatory requirements continue to evolve globally, IRIS's expertise in XBRL (eXtensible Business Reporting Language) and financial reporting solutions positions it well to capitalize on the growing demand for regulatory and supervisory technology services.

IRIS Business Services Limited continues to demonstrate its ability to secure significant international contracts, reinforcing its status as a key player in the global regulatory technology landscape.