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title: FinancialReports
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website: https://financialreports.eu/
twitter: FinReportsEU
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# FinancialReports

**The Open Data Standard for European Financial Markets.**

We are building the definitive digital infrastructure for European financial intelligence. Our mission is to unify the fragmented landscape of regulatory filings across **44+ countries** into a single, standardized, and AI-ready data feed. Think of us as the modern, API-first "European EDGAR."

## 🚀 Open Source Intelligence

We believe in transparency and reproducibility in financial data science. We open-source our core classification models and frameworks to help the community build better financial AI tools.

### 📦 Featured Model: [Hierarchical Filing Classifier](https://huggingface.co/FinancialReports/hierarchical-filing-classifier)
A production-grade Cascade Classifier trained on **27,000+ manually curated filings**. It automatically categorizes global and European financial documents into 29 distinct classes with state-of-the-art accuracy.

- **Architecture:** Jina-V3 Embeddings + XGBoost Soft-Routing
- **Performance:** 93.5% Global Weighted F1
- **Capabilities:** Distinguishes complex document types (e.g., *Annual Reports* vs. *Earnings Releases* vs. *ESG Disclosures*) regardless of language or jurisdiction.

### 🏛️ The Standard: FRCF
All our models are built upon the **Financial Reporting Classification Framework (FRCF)**, our open-source standard designed to classify corporate disclosures by *functional purpose* rather than just regulatory format.

- 📄 **Read the Methodology:** [Download PDF](https://financialreports.eu/download/frcf-methodology.pdf)
- 📊 **Explore the Taxonomy:** [Download XLSX](https://financialreports.eu/download/frcf-classifications.xlsx)

## 🌍 Our Data
We process millions of filings to create the largest structured dataset of European corporate history.

- **Coverage:** 8,900+ Companies across 44 countries.
- **Volume:** 4.4 Million+ filings indexed.
- **Formats:** Raw PDF, HTML, and **AI-Ready Markdown**.

## 🔗 Connect
- **Main Platform:** [financialreports.eu](https://financialreports.eu/)
- **API Docs:** [docs.financialreports.eu](https://docs.financialreports.eu/)
- **Contact:** [engineering@financialreports.eu](mailto:engineering@financialreports.eu)

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*Powering the next generation of financial research with clean, structured data.*