IRIS + SEC Compliance: Complete Workflow
Preparing for sec compliance and using IRIS? Registered investment advisors, broker-dealers, and public companies need bank statement data for SEC compliance, custody verification, and regulatory examination responses. BankScan AI bridges the gap between your bank's PDF statements and IRIS's import feature.
BankScan AI → IRIS for SEC Compliance
Convert bank statement PDFs to CSV formatted for IRIS import. Convert financial institution statements to structured spreadsheets for SEC examination preparation, custody audits, and regulatory filing support.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 12-36 months for SEC examination document requests; custody rule compliance requires ongoing quarterly verification of statements.
AI formats for IRIS
Output as CSV with Date, Narrative, Debit, Credit — IRIS uses Narrative instead of Description and requires separate Debit/Credit columns — dates in DD/MM/YYYY.
Import and use for sec compliance
Upload into IRIS and use the reconciled data for sec compliance.
Supported Banks
BankScan AI works with all major UK and US banks, including:
IRIS + SEC Compliance Features
- IRIS ready — Output formatted as CSV matching IRIS's expected column structure
- Smart integration — IRIS links bank transactions directly to tax computations, so imported statements feed into both bookkeeping and tax return preparation simultaneously.
- Built for SEC Compliance — Convert financial institution statements to structured spreadsheets for SEC examination preparation, custody audits, and regulatory filing support.
Import for SEC Compliance into IRIS
After converting your bank statements for sec compliance:
- In IRIS Accountancy Suite, open the client file, go to Bank > Import Transactions
- Select the CSV file, map columns to Date, Narrative, Debit, Credit, and import
Common Import Issues
IRIS is strict about column naming — use 'Narrative' not 'Description'. Also requires the CSV to not contain any currency symbols in amount columns.
IRIS Import for SEC Compliance
SEC document request responses typically due within 1-2 weeks during an examination; failure to produce records promptly can escalate the examination scope
Convert for IRIS + SEC Compliance