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Data operations necessary for compliance with the US foreign accounts tax law, even with a delayed deadline, still need a lot of work, Michael Shashoua reports. Firms are considering the structure of their data repositories and approach to client information...
Experts on the US Foreign Account Tax Compliance Act (Fatca) spot hurdles including governments' agreements, data security and incomplete parts of the rules, but say that shouldn't delay anyone from getting prepared
Inside Reference Data gathered leading industry experts for a webcast on September 6, 2013 to discuss how firms are managing the data demands created by Foreign Account Tax Compliance Act (FATCA) and the initiatives being implemented to ensure compliance.
Much has already been published in Waters and sibling publications Inside Market Data and Inside Reference Data, about Big Data and the challenges it presents financial services end-users and technologists. And while these challenges should not be underestimated...
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The catalyst for change in client reporting is a more empowered, digitally aware consumer. Excellence of service delivery will be key to investment managers...
Without a consistent source of data and limited functionalities in existing systems, firms are unable to perform tasks that are becoming increasingly important...