Datatracks, a leading global provider of solutions to the regulatory reporting, announces a new version of Datatracks Oxbow, its FATCA/CRS reporting software. Datatracks Oxbow is a cloud-based solution that simplifies compliance of compliance requirements for financial institutions by rationalizing the creation of reports and improving accuracy through intuitive user guidance.
“We are very happy about this upgrade, which underlines our commitment to innovation and customer success,” says Suresh SwaminathanCTO of Datatracks. “With advanced technology and user-oriented design, financial institutions can master compliance with FATCA and CRS requirements safely and efficiently.”
Information about Datatracks Oxbow
Datatracks Oxbow now offers a robust, safe and intuitive system that is tailored to the developing FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) report requirements. It efficiently processes thousands of investor records and adapts to XML schemes in various legal systems to support and optimize compliance requirements.
The already large range of functions is now even greater. The extensions include:
- Secure Cloud Hosting offers a particularly high level of data protection.
- The intuitive reporting assistant and a Newly designed dashboard Simplify the reporting, improve user -friendliness and reduce manual effort.
- Multi-User-Workflow Supports creator and examiner roles for safe cooperation and clear responsibilities.
- Scalability For the quick and accurate processing of thousands of investor data sets.
- Integrated validation With country -specific rules (e.g. Luxembourg, Kaiman Islands) to ensure compliance.
- Effortless changes enable quick updates in the event of changes to regulations.
- Compatibility with several legal systems For CRS-XML schemes in various regulatory environments.
- IRS-Integration enables direct digital signing and submission of FATCA reports.
- Full Audit Trail For tracking all user actions to ensure transparency.
- Investor -friendly expenses in well-structured PDF formats for distribution.
Oxbow combines flexibility, automation and accuracy and enables institutes to reliably manage complex reports comprehensive and several legal systems.
Information about Datatracks
Datatracks, recently awarded as “G2 Best Software” provider in the Governance, Risk and Compliance (GRC) category for 2025, has been offering solutions for compliance reporting for over 20 years. In addition to Oxbow, Datatracks recently launched Datatracks Aurora, a AI-based reporting solution for the Malaysian Business Reporting System (MBRS), which underlines the commitment of Datatracks to simplify compliance with global regulations.
The complete solutions from Datatracks have supported over 30,000 customers in more than 25 countries to effortlessly navigate through the various global regulatory systems.
You can find more information at https://www.datatracks.com.
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