Zlogix

We assist Small and Large Financial Institutions on a consultancy basis to implement or optimise FATCA, CRS and IT3 Reporting to the various Tax Authorities. This includes data mining, automated reporting solution implementation, reporting preparation and submissions. One of the biggest issues facing financial institutions is how to maintain compliance with the ever-growing number of regulations coming into force in the industry. This means that financial institutions around the globe are faced with significant additional identification and reporting responsibilities, which may vary in detail and timing by jurisdiction. Crucially, they need to be able to collect and track complex, varied customer information quickly and easily to report domestically in each jurisdiction where they operate. There are both reputational and financial risks to getting AEOI wrong. Some of these regulations are simple, while others are much more complex and require in depth analysis to understand and implement. If you don’t have extensive knowledge in house of any given regulation, a great deal of time, effort and resources can be expended attempting to reach compliance. At ZALogix we can take you through the compliance process from beginning to end in plain English, delivering practical opinion based on an extensive knowledge of the relevant regulations and the way the industry operates. We can also assist with the automation of Regulatory Reporting through selected established and proven partners some of whom we have had relationships going back to 2012. ZALogix can also assist with the customer identification process, product analysis, governance structure, aggregation of balances, future reporting, cooperation with the IT team, Bank and client relationship procedures for the front and back office, responsible for reporting.