Standard Chartereed partners BearingPoint to use FiTAX platform

Standard Chartered has partnered with technology consultancy BearingPoint in a deal which will see the latter provide a QI, FATCA and AEoI/CRS reporting solution via its FiTAX platform.

According to head of client tax information reporting at Standard Chartered, the bank selected BearingPoint due to its “coverage and accuracy” and “attention to detail”.

Dirk Jaensch, partner at BearingPoint, added: “We see an increasing demand for trusted advisory in combination with ready-to-use vendor solutions complying with extensive ever-changing regulations.

“We’re delighted to help Standard Chartered to simplify and automate their client tax reporting process.

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