Established Financial Institutions
Established financial institutions are adopting automated regulatory technologies to reduce their risk, prove compliance and meet their FATCA, CRS and QI requirements whilst making their processes more predictable, efficient and cost effective.
Proving good governance and regulatory compliance
Financial Institutions must comply with complex FATCA and CRS regulations by performing tax due diligence on their customers. Managing distributed operational teams, multiple business lines and jurisdictions has caused increasing operational and regulatory risk.
Established Financial Institution Pain Points
Proving Compliance
Costly and length audit proving compliance
Operational Risk
Changing laws and disparate systems
Poor Customer Experience
Customer frustration caused by delays & rejections
Proving Compliance
Costly and length audit proving compliance
Operational Risk
Changing laws and disparate systems
Poor Customer Experience
Customer frustration caused by delays & rejections
Prove good governance and robust regulatory compliance
Reduce your risk and cost of managing distributed operational teams, multiple business lines and jurisdictions whilst proving robust FATCA and CRS compliance using our online customer and investor portal and tax operations validation portal.
Validate and Remediate customers at scale
Achieve significant time and cost savings by digitizing your validation and remediation process using our fully automated tax operations validation portal. Streamline customer validation and remediation using our scanned module and leading OCR to process paper and pdf tax forms.
Advanced Audit Trail
High quality data for audits, reporting & customer lifecycle management
Comprehensive Ruleset
Transparent, consistent and in-depth ruleset kept up to date by TAINA and Big 4 advisors
Superior Customer Experience
Provide a sleek and intuitive customer experience
Advanced Audit Trail
High quality data for audits, reporting & customer lifecycle management
Comprehensive Ruleset
Transparent, consistent and in-depth ruleset kept up to date by TAINA and Big 4 advisors
Superior Customer Experience
Provide a sleek and intuitive customer experience
Perform efficient multi-level review
Reduce your risk and increase your tax operations productivity with a built in, centralised and flexible workflow that allows your distributed teams to reliably and consistently perform multi-level review.
Automate Tax Withholding Calculations
Calculate blended and breakout withholding rates of beneficial owners and partners for 28 incomes using our tax withholdings rates engine. Evaluate and view withholding rates in graphical tree charts when integrated with our intermediary tool.
Revolutionize tax operations
Reduce risk and saves cost with a more efficient and scalable validation process
How's TAINA Different?Build and Validate Intermediary Structures
Process validated W-forms and created user-friendly intermediary tree charts up to 100 layers deep using our W-8IMY allocation statement functionality and advanced withholding rates capabilities.
Track change in circumstances
Identify conflicting form information and be alerted to expired forms by using our ongoing monitoring engine to track change in circumstances and RTK events for a more efficient remediation and reconciliation.
Improve your digital customer experience
See how our online customer portal is providing value for managed service providers.
How's TAINA Different?Digitize customer validation and remediation
Reduce form rejections and customer feedback delays by 85% with a fully automated online customer and investor portal. Streamline customer validation and remediation with real time validation checks and smart tips based on IRS guidelines for fast and accurate form completion.
Transform your customer digital experience
Radically improve your customer experience by allowing your customer to complete and submit all types of W-series and CRS forms through simple and intuitive online form or ‘no tax form’ questionnaire style journeys by means of their device of choice.
Useful Resources
To find out more about how TAINA's fully automated FATCA and CRS Validation platform is adding value to established financial institutions of all types, check out these useful resources.
Request a personalised demo of the TAINA Validation Platform
Assess how TAINA's Platform may be able to add value to your particular processes. Our experts will listen to your concerns and pain points, take onboard your process and then guide you through how our platform may be able to help.
Schedule a demo to:
- Assess the TAINA’s suitability and value add to your current processes
- Receive short overview and expert level decks
- Receive expert advice and answers to your questions and concerns
- Hear more about hosting and integration arrangements