Fund Administrator
Fund Administrators, investment entities, custodial institutions, and Foreign Financial Institutions (FFI) are required to comply with complex QI, FATCA, and CRS due diligence reporting obligations.
Meeting Your Compliance Requirements
To meet these compliance requirements and investment management compliance software users are integrating with TAINA’s cutting-edge QI, chapter 3, FATCA (chapter 4), backup withholding (chapter 61), and CRS regulatory technology, resulting in lower costs, lower risk, better client satisfaction, and improved efficiencies.
Increasing Cost of Compliance
Fund Administrators, investment entities, custodial institutions, and Foreign Financial Institutions (FFI) face increasing costs associated with the operational burden of complying with expanding regulatory requirements of anti-tax avoidance regimes such as FATCA and CRS.
Fund Administrator Pain points
High Operational Costs
High costs of labour and system maintenance
Poor Customer Experience
Customer frustration caused by delays & rejections
Changing Legislation
Keeping up to date and creating a consistent process
High Operational Costs
High costs of labour and system maintenance
Poor Customer Experience
Customer frustration caused by delays & rejections
Changing Legislation
Keeping up to date and creating a consistent process
Reduce Regulatory and Operational Risks
Transform FATCA and CRS compliance from a manual, costly and risky operational burden to a seamless and automated validation experience. Our agile portal is current with global regulatory changes, reducing regulatory and operational risks.
Online Customer Tax Form Validation
Our customer portal allows your customers to seamlessly validate tax forms under different regimes, including, chapter 3, QI, chapter 4 (FATCA), chapter 61 (backup withholding), and CRS.
Using our portal through your fund management systems, your clients can complete, submit and instantly validate IRS Forms W-Series and CRS self-certification. Intuitive tips based on IRS and OECD/local jurisdiction guidelines guide your clients along the way.
Scalable Operations
Manage significant events without extra resources
TAINA delivers superior customer experience
Provide a sleek and intuitive customer experience
Comprehensive Ruleset
Transparent, consistent and in-depth ruleset kept up to date by TAINA and Big 4 advisors
Scalable Operations
Manage significant events without extra resources
TAINA delivers superior customer experience
Provide a sleek and intuitive customer experience
Comprehensive Ruleset
Transparent, consistent and in-depth ruleset kept up to date by TAINA and Big 4 advisors
Transformed Customer Experience
Our digital customer experience helps Foreign financial institution (FFI) streamline the tax services portion of onboarding with seamless form completion and faster form validation.
Our intuitive online form or “no form” questionnaire offers your clients two options. Both journeys are available on desktop and mobile for your customers’ convenience.
Improve Your Digital Customer Experience
See how our online customer portal is providing value for managed service providers.
How's TAINA Different?Reduce Manual Errors With Automated Validation & Remediation
Revolutionize investment management compliance software with automated tax services for form validation and curing notifications for Forms W-8 Series and CRS self-certification. Our fully automated portal validates GIINs with the IRS FATCA List Search tool and performs TIN matching.
Our powerful tool is also configured to validate FATCA (chapter 4) status selections, U.S. tax treaty provisions, valid chapter 3 and FATCA (chapter 4) status combinations, and CRS local jurisdiction requirements.
Our scanned forms module has best-in-class proprietary OCR that recognizes handwriting for fast and reliable review of uploaded forms completed by hand.
Improve Operational Productivity
Our customizable workflow tracks two-eye and four-eye checks, increasing efficiency and reducing risk for wealth managers.
Revolutionize Tax Operations
Reduce risk and saves cost with a more efficient and scalable validation process.
How's TAINA Different?Calculate Withholding Tax
Calculate and evaluate tax withholding rates of beneficial owners and partners for 28 different income types using our tax withholding rates engine. View withholding rates in a graphical intermediary tree structure when integrated with our intermediary tool.
Create Graphical Intermediary Trees
Build and validate complex intermediary structures with our W-8IMY allocation statement functionality, which visualizes IMY structures into user-friendly structure charts up to 100 layers deep.
Monitor Change in Circumstances
Track change in circumstances, identity conflicting form information, and be alerted to form expiry by using our ongoing monitoring engine built for efficient remediation and reconciliation.
Useful Resources
To find out more about how TAINA's fully automated FATCA and CRS Validation platform is adding value to fund administrators, transfer agents, and managed service providers, 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