BY INDUSTRY

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.
TAINA FATCA & CRS Compliance Established Financial Institutions

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.

TAINA Empowers Established Financial Institution To Prove Good Governance and FATCA and CRS Compliance

Established Financial Institution Pain Points

TAINA Proving Compliance: Costly and length audit proving compliance

Proving Compliance

Costly and length audit proving compliance

TAINA Operational risk of changing FATCA and CRS laws and disparate tax compliance systems

Operational Risk

Changing laws and disparate systems

TAINA Poor Customer Experience: Customer frustration caused by delays & rejections of FATCA and CRS forms

Poor Customer Experience

Customer frustration caused by delays & rejections

TAINA Proving Compliance: Costly and length audit proving compliance

Proving Compliance

Costly and length audit proving compliance

TAINA Operational risk of changing FATCA and CRS laws and disparate tax compliance systems

Operational Risk

Changing laws and disparate systems

TAINA Poor Customer Experience: Customer frustration caused by delays & rejections of FATCA and CRS forms

Poor Customer Experience

Customer frustration caused by delays & rejections

TAINA Best in-class regulatory technology: FATCA and CRS Validation Platform

Leverage the best in-class regulatory technology to gain a competitive advantage

Benefits

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.

TAINA Tax Operations Validation Portal: Validate and Remediate customers at scale
TAINA Prove FATCA and CRS Compliance with Advanced Audit Trail in Audit Portal

Advanced Audit Trail

High quality data for audits, reporting & customer lifecycle management

TAINA Comprehensive FATCA and CRS Ruleset

Comprehensive Ruleset

Transparent, consistent and in-depth ruleset kept up to date by TAINA and Big 4 advisors

TAINA Superior Customer Experience with Intuitive Online Customer and Investor Poral

Superior Customer Experience

Provide a sleek and intuitive customer experience

TAINA Prove FATCA and CRS Compliance with Advanced Audit Trail in Audit Portal

Advanced Audit Trail

High quality data for audits, reporting & customer lifecycle management

TAINA Comprehensive FATCA and CRS Ruleset

Comprehensive Ruleset

Transparent, consistent and in-depth ruleset kept up to date by TAINA and Big 4 advisors

TAINA Superior Customer Experience with Intuitive Online Customer and Investor Poral

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.

TAINA Tax Operations Validation Portal Built-in Workflow For 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. 

TAINA Tax Operations Validation Portal Automate Tax Withholding Calculations

Revolutionize tax operations

Reduce risk and saves cost with a more efficient and scalable validation process

How's TAINA Different?

+75%

Faster Validation

+84%

Cost saving per form

+40%

Operations Team Freed up

+98%

OCR Typed Character Accuracy

+75%

Faster Validation

+84%

Cost saving per form

+40%

Operations Team Freed up

+98%

OCR Typed Character Accuracy

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.

TAINA Tax Operations Validation Portal Build and Validate Intermediary Structures

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.

TAINA Tax Operations Validation Portal Track Change In Circumstances

Improve your digital customer experience

See how our online customer portal is providing value for  managed service providers.

How's TAINA Different?

+85%

Reduction in Rejection Rates

+63%

Faster form completion

+85%

Reduction in Rejection Rates

+63%

Faster form completion

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. 

TAINA Online Customer and Investor Portal: Digitize customer validation and remediation

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.

TAINA Online Customer and Investor Portal: Transform your customer digital experience

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 demo

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