Enhancing Global Tax Compliance Solutions | TAINA X TWC Partnership

TAINA Technology And Trans World Compliance Announce Strategic Partnership To Enhance Global Tax Compliance Solutions 

London, UK & Washington, D.C., USA – September 4, 2024 – TAINA Technology, a leading provider of QI, FATCA and CRS Automated Compliance solutions, and Trans World Compliance (TWC), a pioneer in CRS, FATCA, and BEPS compliance software, are pleased to announce a strategic partnership designed to deliver enhanced tax compliance solutions to financial institutions and tax authorities worldwide.   

This partnership combines TAINA’s automated, due diligence platform with TWC’s comprehensive compliance suite to create a unified solution. This solution simplifies and streamlines FATCA and CRS reporting, significantly reducing costs, mitigating risks, and enhancing the overall compliance experience for financial institutions and service providers.   

“We are excited to partner with Trans World Compliance; our alliance combines our FATCA and CRS expertise and advanced technology to deliver innovative tax compliance solutions for the financial institutions and tax authorities. Together, our complimenting solutions will enable us to help more clients automate their processes and keep pace with the evolving regulatory landscape.” Sarah Cooper, Chief Revenue Officer 

"Joining forces with TAINA enables us to enhance our existing solutions and deliver greater value to our clients. Together, we're setting a new standard for compliance efficiency, helping institutions meet and exceed regulatory requirements.” Daniel Farías, Business & Market Development Director at Trans World Compliance.  

The joint solution will harness TAINA’s proven capabilities in automated form validation, withholding tax calculations, and audit trail, along with TWC’s strengths in centralized data management, automated reporting, and third-party audit services. This unique combination will enable financial institutions to easily meet the stringent requirements of FATCA and CRS, while also offering enhanced transparency and reliability in their compliance processes.   

The partnership between TAINA and TWC underscores their shared commitment to innovation and excellence in tax compliance. Financial institutions and tax authorities around the world can now benefit from a solution that meets today’s regulatory demands and is adaptable to future challenges. 

For more information about the partnership and the joint solution, please visit www.taina.tech or www.transworldcompliance.com.