CRS/FATCA One
CRS/FATCA One for Financial Institutions is an installed or cloud-based software solution that assists Financial Institutions with CRS and US FATCA reporting regulations and requirements. It simplifies the reporting process by raising red, yellow, and green flags to identify data deficiencies, indicia, and any other issues.
Reduce the cost of regulatory compliance
Whether CRS and FATCA reporting is a cost center or a profit center to your business, you can leverage our technology to streamline and automate your current manual processes and allocate resources better to optimize process times, improve reporting accuracy and reduce overall FATCA and CRS compliance costs.
Enhance your KYC* for FATCA and CRS
Through jurisdiction specific intelligent rule bases let our solution perform a full discovery of your client data to help you unveil hidden indicia, data deficiencies (Invalid TIN formats) and changes in circumstances and via corrective actions understand the real status of your client base regarding FATCA and CRS.
Mitigate regulatory and reputational risk
TWC will help you navigate FATCA and CRS regulations swiftly and precisely with our jurisdiction specific rule-bases and XML generation engines that improve reporting accuracy and provide proof and evidence to regulators and stakeholders of the quality of your due diligence efforts.
3-step process
Our simple three step-process allows FI's to streamline their classification, remediation, and reporting process in a flexible, secure, and precise way.
CRS/FATCA One
Who is CRS/FATCA One for?
Regardless of your company size, type, location, or if international tax regulatory reporting is a cost center or a profit center for your business, TWC has your back. Over 200 Financial Institutions, law firms, and corporate services providers of all types, sizes, and jurisdictions use CRS/FATCA One as their CRS and FATCA reporting solution.
CRS/FATCA One
Our Clients
- Global commercial banks and corporate service providers
- Private banks, credit unions and fiduciaries
- Family Offices and insurance companies
- Indigenous commercial banks
- Asset and Trust management firms
- Financial groups with multiple GIINs
- Stockbrokers and crypto brokers
CRS/FATCA One
Key Features
- Fully Integrated classification, case management, and reporting platform.
- Cloud or on-premises, Support multiple data entry formats y Top-notch multilingual support.
- Multi-tenant and multi-jurisdictional for large organizations with a global presence.
- Flexible Jurisdiction-specific rule bases with XML generation and validation engines.
- Changes in circumstances management.
- Multiple audits and due diligence reports showing evidence of your decisions, TIN format validation.