FATCA, CRS and AEOI Tax Reporting Software
Reduce the time, complexity and risk involved in regulatory reporting. Automate data validation, approvals and XML generation across multiple Financial Institutions and jurisdictions, whether you manage a few thousand reportable accounts or millions.
Make complex regulatory reporting manageable
FATCA, CRS and Automatic Exchange of Information reporting can involve large data volumes, changing schemas, jurisdiction-specific requirements and immovable deadlines.
Manual processes make it harder to identify missing or inconsistent information, maintain oversight and demonstrate how each submission was reviewed and approved. Errors discovered late can lead to rejected files, rework and unnecessary pressure during reporting season.
Specialist tax reporting software brings data preparation, validation, review and submission production into one controlled process.
What should regulatory reporting software help you achieve?
Find errors before files reach the regulatorValidate mandatory fields, formats and logical consistency before reports are generated, giving teams more time to investigate and correct problematic information.
Manage multiple jurisdictions in one placeCoordinate reporting for multiple Financial Institutions and jurisdictions through one environment rather than maintaining separate spreadsheets and reporting processes.
Reduce repetitive preparation workAutomate data transformation, validation and XML creation so experienced compliance teams can concentrate on exceptions and review rather than manual file preparation.
Maintain clear governance and accountabilityUse defined approval stages, permissions, audit trails and submission histories to demonstrate how reports were prepared, reviewed, amended and approved.
Work with existing business dataImport data through structured spreadsheets or connect the reporting platform with administration systems and databases, reducing duplicate entry and manual manipulation.
Scale as reporting obligations changeUse the same controlled process whether reporting a few thousand accounts or millions, while adapting to new jurisdictions, schemas and emerging frameworks such as CARF.
What should an AEOI reporting solution include?
- FATCA reporting
- CRS reporting
- Multi-jurisdiction reporting
- Multiple Financial Institutions
- Real-time data validation
- Mandatory-field and formatting checks
- Error and exception identification
- Draft report generation
- Controlled review and approval
- Multi-level approvals
- XML file generation
- Report amendments and corrections
- Submission tracking
- Progress dashboards
- Permissions and audit trails
- IDES packet assembly
- Data collection templates
- Integration with administration systems and databases
- Regulatory rule and schema updates
- Documentation, training and specialist support
Vega’s tax reporting solution
Tax Data Exchange, or TDE, is Vega’s specialist FATCA, CRS and AEOI reporting platform. It takes organisations from source data through validation, review and approval to the generation of submission-ready XML files.
TDE can work with data entered directly, information supplied through Vega’s Data Collector or data integrated from existing systems. Reporting teams can identify failed reports, amend information, apply multiple approval levels and record submission confirmations.
The platform is designed for organisations with very different reporting volumes, from a few thousand reportable accounts to implementations handling millions. Depending on submission complexity, automation can save an estimated 20 to 50 hours per file.
TDE Enterprise is available through Microsoft Azure or as an on-premise deployment. TDE Essentials provides a Vega-hosted SaaS option for organisations with more straightforward reporting requirements.
Explore TDEWho is AEOI reporting software for?
- Banks and private banks
- Trust and corporate service providers
- Fiduciaries
- Investment managers and stockbrokers
- Fund administrators
- Pension providers
- Financial institutions reporting across multiple jurisdictions
Questions answered
Specialist AEOI reporting software can validate source data, manage reviews and approvals, create regulatory XML files and retain submission records. TDE brings these stages together within one controlled process.
Validating data before XML files are generated helps identify missing fields, formatting problems and logical inconsistencies earlier, reducing rejected submissions and last-minute remediation.
A multi-jurisdiction reporting platform allows organisations to manage different Financial Institutions, reporting rules, deadlines and submission statuses through one central environment.
The saving depends on the volume, quality and complexity of the source data. It is estimated that automation using TDE can save between 20 and 50 hours for each reporting file.
Yes, provided the platform is designed for high-volume validation, workflow and file generation. TDE can support organisations managing a few thousand accounts through to complex implementations involving millions.
TDE can integrate with existing databases and administration platforms. Organisations can also use a structured Data Collector where direct integration is not required.
Make the next reporting cycle easier
If regulatory reporting still depends on manual validation, disconnected spreadsheets or last-minute corrections, Vega can help you create a more accurate and controlled process.