The Foreign Account Tax Compliance Act (or FATCA) and Common Reporting Standard (or CRS) regime were brought into force to detect and bring into record undisclosed assets held by citizens in foreign countries by imposing reporting obligations on the Financial Institutions of each participating country. With DataTracks’ one-stop solution for all FATCA/CRS regimes, compliance has become easier and simpler by uploading pre-mapped Excel template and generating jurisdiction specific XML output.
Are you a Financial Institution having foreign accounts?
Do you need to submit reports for filing with respective tax authorities?
Under FATCA or CRS regime?
With ease? With accuracy? In time?
Consider licensing DataTracks Rainbow for in-house use.
Or, consider using fully assisted service from DataTracks.
How DataTracks Oxbow works?
Robust validation
Robust validation mechanisms to generate error-free reports. Prompt updates of framework changes
User friendly
Familiar spreadsheet-like user interface. Adheres to jurisdiction specific requirements
Support
24 x 7 support.
Account management and
Technical help desk
Cloud
Software hosted in cloud. Enterprise class robustness. Enterprise class scalability
Security
All your data is stored securely in firewall-protected data centres
Output Formats
We can assist with converting the excel template to XML, pre-validate the report against relevant framework and deliver the validated XML output
Qulaity
ISO 9001 for Quality. ISO 27001 for Security. SSAE 16 for Online service