Exchange Data International has entered an agreement to become the exclusive partner for GlobeTax’s withholding tax data and services for use within EDI’s data services. The new service will be available online as part of EDI’s e-Data Suite of products and will “offer a searchable matrix of over 43 million data points of withholding and treaty rate inform-ation, including every permutation type of income, beneficial owner status, residency and year of distribu-tion,” says Jonathan Bloch, EDI’s managing director. It will be targeted at researchers, brokers and custodians needing accurate withholding tax information on real and expected investment income for use within portfolio planning. It then enables clients to use GlobeTax on their behalf to actively recover the tax. GlobeTax processes over 80% of all global tax reclaims on American Depository Receipts on behalf of four out of five of the ADR sponsoring banks for whom it acts as back office provider.
A-Team Insight Blogs
This webinar has passed, but you can view the recording by registering here. Are you ready for the General Data Protection Regulation (GDPR)? With the GDPR deadline less than two years away, the pressure is on for organizations to understand how they will comply. Proper data management is part of the answer, but tying these...
Xenomorph has regrouped and is chasing growth following the appointment of Neil Sheppard to lead the EMEA and APAC business, a reset to solution rather than product sales, and restructured funding. The company has been pretty low-profile in the market over the past few years, particularly since Brian Sentance stepped down from the role of...
The highly successful RegTech Summit Virtual was held in November 2020 and explored how business and operating models are adapting post COVID and how RegTech can provide agile and enhanced compliance for managing an evolving risk and compliance landscape. The event featured daily live keynotes, panel discussions, presentations, fireside chats and Q&A sessions with content available on demand over five days.
Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...