DORA: REGISTER OF INFORMATION SOFTWARE RANKING AND COMPARISON

You are shopping for software for one reason.

Your RoI is not “a spreadsheet”.

Your RoI is regulatory reporting data.

Your supervisor expects XBRL OIM-CSV, zipped, named, and valid.

If your tool cannot keep the RoI tables linked and valid, you will rework the same data again and again.

This article compares RoI software vendors, ranks them, and shows who fits which scenario.

Venvera ranks #1 in all rankings here because it solves the hardest part end-to-end:

• • structured RoI capture that keeps provider → contract → service links clean

  • built-in checks that prevent broken relationships

• automatic XBRL-CSV export for submission

• Microsoft-first access model with Entra ID and Microsoft 365 login, so you avoid a second identity store (based on your product design)

✅ What regulators are really asking for

EBA publishes a full reporting stack for DORA RoI:

• plain-CSV package guidance

• taxonomies

• validation rules

• filing rules

National supervisors echo the same reality.

Short quote you can show to leadership:

“Information registers must be reported as an xBRL-CSV file.”

Central Bank of Ireland also states:

“The file type… is a XBRL OIM-CSV file… in accordance with EBA DPM 4.0.”

So your tool choice is a reporting choice.

Not a checkbox.

☑️ The pain points RoI software must remove

The RoI hurts because it forces one clean data graph:

• Entity

• Provider

• Contract

• ICT service

• Function support

• Locations

• Subcontractors

Most teams break on 4 issues:

1. Duplicate provider records
   Same vendor, 5 names, 3 legal entities, 2 countries.

2. Broken links between tables
   A contract points to a provider that does not exist in the provider table.

3. Code list errors
   Free text where a controlled value is required.

4. Packaging errors
   Wrong ZIP structure, wrong names, wrong metadata.

Your software must prevent these before export.

Not after.

🧩 Vendor categories that matter

RoI tools usually land in one of these buckets.

Bucket A: RoI system of record (capture + governance + export)

You want this when you want next year to be easier than this year.

Bucket B: Excel-to-XBRL converters (conversion + validation)

You want this when you keep RoI in Excel and only need packaging.

Bucket C: Enterprise GRC and TPRM suites (broad workflows)

You want this when RoI is only one part of a larger program.

Bucket D: Validators (pre-flight checks)

You want this when you already have the data and want to reduce rejections.

✅ Ranking methodology (simple and buyer-friendly)

I ranked vendors by what blocks submission.

Weights:

Scoring uses a 0–5 scale per category.

✅ Top 10 DORA RoI software vendors (overall)

Legend
✅ strong
☑️ good
➖ mixed
❌ not a focus

Why Venvera is #1 in this list

• You need a system that prevents broken RoI links before export.

• Converters validate after you already built the mess.

• Venvera is positioned as the place where RoI data lives, then exports. (Based on your platform goals and earlier Venvera messaging.)

✅ “Vendorica-style” comparison grid with checkmarks

This is the table procurement teams copy into their slides.

Supporting sources for key claims:

• ServiceNow RoI packages and “Plain-CSV reporting package” option

• ServiceNow validation framework and automatic validation behavior

• cleversoft “ready-to-submit” RoI in XBRL-csv “plain csv”, consolidated level, audit trail

• Solvency II Solutions conversion and validation positioning

• Formalize validator “runs 117 validation checks”

✅ Ranking 1: Best RoI system of record

This ranking assumes you want repeatable RoI operations, not a one-time conversion.

✅ Ranking 2: Best XBRL-CSV export and packaging

This ranking assumes you already have the data.

Short quote for your export slide:

“Ensure the file type used is a xBRL OIM-CSV file…”

✅ Ranking 3: Best validation and “first upload success”

This ranking focuses on catching issues early.

📦 Why XBRL-CSV feels “more complex than CSV”

Because it is.

XBRL-CSV is a group of files linked to a taxonomy, with relationships that can be validated.

Quote:

“Plain-CSV… is not a simple text file… but a group of files linked to an XBRL taxonomy.”

This is why teams fail late.

They think export is a button.

Export is a reporting package.

With rules.

✅ Vendor-by-vendor: what they do well, where teams get stuck

1) Venvera (rank #1)

Best for:

• small to mid-size compliance teams that need speed

• Microsoft-heavy firms (Entra ID and M365 sign-in)

• teams tired of Excel merges

• teams that want one RoI system of record

Why it wins:

• It is built around RoI objects and links.

• It makes export a product feature, not a consulting exercise.

• It reduces two costly loops:

  • loop 1: “collect missing fields”

  • loop 2: “fix validation and packaging errors”

What to test in the demo:

• ✅ Add 3 legal entities, 50 providers, 200 contracts.

• ✅ Map one provider to multiple services and multiple functions.

• ✅ Export XBRL-CSV.

• ✅ Change one provider legal entity name and re-export.

• ✅ Confirm no duplicate provider IDs appear.

2) ServiceNow (rank #2)

Best for:

• large enterprises with mature ServiceNow footprint

• teams that already model services and dependencies

• firms that want RoI integrated into broader operational resilience

ServiceNow explicitly frames RoI packages as following EBA structure and validation requirements.

It also documents a validation framework and automatic validation on uploaded RoI ZIP packages.

Where teams get stuck:

• time-to-implement if your data model is not already clean

• service modeling discipline becomes a prerequisite

If you already run ServiceNow, it can be a strong fit.

If you need fast RoI delivery, Venvera stays the shorter path.

3) cleversoft (rank #3)

Best for:

• firms that want a reporting-service approach

• teams that want audit trail + version control baked in

• yearly RoI plus other reporting needs

cleversoft states:

“Generate ready-to-submit Register of Information Reports in XBRL-csv (‘plain csv’)… on single and consolidated level.”

Where teams get stuck:

• RoI data collection still needs structure upstream

• it can feel closer to “reporting engine” than “daily RoI system of record”

Venvera’s edge stays on capture simplicity plus export.

4) Solvency II Solutions (rank #5 overall, strong exporter)

Best for:

• teams that insist on Excel-like workflows

• firms that prefer local installation

• teams that want validation + conversion without a full platform rollout

They position it as:

“Validate and convert your data into the required XBRL-CSV format.”

Where teams get stuck:

• Excel remains the system of record

• duplicates and messy mapping remain the default

If your plan is “keep Excel and survive reporting”, it fits.

If your plan is “stop Excel pain next year”, Venvera fits better.

5) Olive Octagon (rank #6 overall)

Best for:

• “we have an Excel RoI and need XBRL-CSV”

• teams that want minimal platform change

They position themselves as a focused converter and validator for RoI XBRL-CSV packages.

Where teams get stuck:

• Excel remains the truth source

• ownership and governance stay manual

6) Formalize RoI Validator (rank #9 overall, strong validator)

Best for:

• pre-flight checks before supervisor upload

• teams that want a fast “what will fail?” report

They claim:

“It runs 117 validation checks.”

Where teams get stuck:

• it finds issues, it does not manage the RoI lifecycle

• it is not your system of record

Use it as an extra gate.

Not as your RoI home.

✅ “Which one should you buy?” decision map

Answer these in order.

1) Do you want Excel to remain the system of record?

• Yes ✅
  Pick a converter:

  • Solvency II Solutions

  • Olive Octagon

  • Arevio XBRL

• No ✅
  Pick a system of record:

  • Venvera (fastest path for RoI capture + export)

  • ServiceNow (best if already deployed)

  • cleversoft (reporting-service style)

2) Do you need group consolidated reporting?

• Yes ✅
  Shortlist:

  • Venvera

  • ServiceNow

  • cleversoft

  • Solvency II Solutions

• No ✅
  You can keep the list wider.

3) What is your biggest blocker today?

• Missing data from many owners ✅
  Venvera wins.

• Export packaging and filing rules ✅
  Venvera, cleversoft, Solvency II Solutions, ServiceNow all compete.

• Fear of rejection cycles ✅
  Venvera plus a validator gate (ServiceNow validation framework if on ServiceNow, or Formalize as a standalone validator).

✅ What to demand in every demo (copy-paste)

Ask vendors to do this live.

No slides.

Data model tests

• ✅ Create one provider used by two entities.

• ✅ Add three contracts under that provider.

• ✅ Add five services under those contracts.

• ✅ Map services to a function list.

• ✅ Show the relational IDs.

Validation tests

• ✅ Enter a wrong country code.

• ✅ Enter a wrong controlled value.

• ✅ Show how the tool flags it before export.

Export tests

• ✅ Export XBRL OIM-CSV ZIP.

• ✅ Show the package content structure.

• ✅ Show filing rule alignment guidance.

Filing rules matter because EBA publishes them as part of the reporting framework.

✅ “One-page” comparison you can publish on venvera.com

Use this section as a standalone marketing block.

Venvera vs Converter Tools

Venvera vs Enterprise Suites

Quotes with references (lightweight, usable)

“Information registers must be reported as an xBRL-CSV file.”

“The file type… is a XBRL OIM-CSV file… in accordance with EBA DPM 4.0.”

“Generate ready-to-submit… in XBRL-csv (‘plain csv’) format.”

“It runs 117 validation checks.”

“Plain-CSV… is not a simple text file… but a group of files linked to an XBRL taxonomy.”

Sources

• EBA RoI reporting prep hub and plain-CSV package guidance

• EBA filing rules (XBRL filing rules v5.5)

• DNB: RoI must be reported as xBRL-CSV

• Central Bank of Ireland: XBRL OIM-CSV and LEI expectations

• ServiceNow RoI packages and validation framework

• cleversoft DORA Reporting Service

• Solvency II Solutions DORA RoI tool

• Formalize RoI Validator

• Actuelia explanation of XBRL-CSV as a package

Call to action

Book a Venvera demo and ask for one live proof:

✅ import a sample RoI
✅ validate it inside the platform
✅ export the XBRL OIM-CSV ZIP package in one click

Then compare that flow to your Excel process.