Aguilonius was founded in 2007 by Derek De Brandt and Marcus Peeraer,
a combination which provides a perfect blend of technical, programming, business and content skills.
Ever since its foundation, other experts in the domain of regulatory reporting have been joining the team.
About Franciscus Aguilonius (1567 – 1617)
Franciscus Aguilonius or François de Aguilón was born on January 4th, 1567 in Brussels.
He joined the Jesuit society in 1586 at the age of 19 years, and developed into a mathematician, physicist and architect.
After years of study, he started a special school of mathematics in Antwerp in 1611, which intended to perpetuate the mathematical research and study in the Jesuit society. This school produced geometers like André Tacquet and Jean-Charles de la Faille.
Aguilonius wrote books like “Opticorum libri sex philosophis juxta ac mathematicis utiles”, with beautiful illustrations by his friend Pieter Paul Rubens.
Derek De Brandt
Derek De Brandt is the Brussels founding partner of Aguilonius, picking up the XBRL expert role in multiple projects in the private and public sector, actively promoting the standard on a daily basis. Derek is also Chairman of Eurofiling, the European Foundation which provides a neutral and open collaborative environment for Regulators, Supervisors, entities from both the public and private sector, such as financial institutions, providers, academic and private individuals. The initiative fosters the dialogue around the European and National Regulatory Reporting and the financial ecosystem in order to improve collaboration and awareness, to leverage interoperability.
In the past, Derek has been involved in the “XBRL in Europe” project (FP6-507480) which was sponsored by the European Commission and ran between 2004 and 2006, dedicated to “Speeding up the development and adoption of XBRL in Europe”.
Derek holds a 1993 Master degree in Business Administration at Solvay Business School, Vrije Universiteit Brussel, after finishing his rethorica studies at a Brussels Jesuit college. Fluent in Dutch, French, English, German and Spanish.
Marcus Peeraer is the Antwerp founding partner of Aguilonius, leading expert in full IAS/IFRS, both in the area of content and processing with a focus on the banking sector.
After decades of practical experience in the field, Marcus is expert in financial prudential reporting frameworks, such as FINREP, but also in the domain of prudential risk reporting with deep knowledge of capital adequacy disclosures, cornerstone of the COREP framework.
Marcus has been organising and providing countless trainings on IAS/IFRS, bank accounting and regulatory reporting and is well known by many key players in this area.
The Mandelbrot fractal
The logo of Aguilonius contains a two-dimensional drawing, which at first glance looks like the ground floor plan of a cathedral. However, it is the result of the rendering in the complex plane of a mathematical set of points, which derive from the Julia sets, and named after . More precisely, the Mandelbrot set is the set of values of c in the complex plane for which the orbit of 0 under iteration of the complex quadratic polynomial zn+1 = zn2 + c remains bounded. That is, a complex number c is part of the Mandelbrot set if, when starting with z0 = 0 and applying the iteration repeatedly, the absolute value of zn remains bounded however large n gets.
The rendering result is called a fractal, a term which is used to describe a mathematical algorithm which brings order out of what appears to be chaos, which really is the result of a complex and mathematically describable algorithm. Read more in order our of chaos of the Belgian scientist and Nobel prize winner Ilya Prigogine – commonly known as the inventor of the butterfly effect.
About Regulatory Reporting and order out of chaos
In the area of Regulatory Reporting – which to the crowds may seem chaotic or at least quite complex to deal with, Aguilonius has set forth its mission to bring order by providing accurate software tools and top consulting services to its customers.
While adhering to and fostering standardisation efforts such as XBRL and IFRS, Aguilonius stands daily on the bridge between preparing institutions and regulators – a fractal position which requires thorough understanding from both worlds.