TDE Delivers Another Successful Global CRS & FATCA Reporting Season
For trust companies, corporate service providers, fund administrators and financial institutions, the annual CRS and FATCA reporting season is one of the most critical periods of the regulatory calendar.
Fixed deadlines, evolving international requirements and complex multi-jurisdiction reporting leave little room for error. Success depends on accurate data, robust reporting technology and the confidence that expert support is available when it matters most.
We’re pleased to report that another CRS and FATCA reporting season has been completed successfully by TDE users around the world.
Reporting at scale
This year’s reporting season saw TDE support:
Almost 17,000 Reporting Financial Institutions (RFIs)
More than 110,000 reportable account holders
Reporting across 28 international jurisdictions
CRS and FATCA reporting completed successfully
No outstanding support calls at the close of the reporting season
No known instances of clients being unable to submit on time
These figures demonstrate the scale at which TDE supports regulated financial services businesses worldwide, helping organisations meet their reporting obligations accurately and efficiently.
Supporting global reporting
The reporting undertaken through TDE spanned major international financial centres including Guernsey, Jersey, the Isle of Man, Luxembourg and the British Virgin Islands, alongside jurisdictions as diverse as the Cayman Islands, Sweden, Singapore, Hong Kong and the United Arab Emirates.
In one jurisdiction alone, TDE supported well over 5,000 CRS submissions, highlighting the platform’s ability to manage significant reporting volumes while maintaining a smooth and dependable experience for clients.
As regulatory reporting continues to expand internationally, firms increasingly require a solution capable of handling multiple reporting regimes without increasing operational complexity.
Built specifically for AEOI reporting
TDE has been developed specifically for the challenges of Automatic Exchange of Information reporting.
Its powerful validation tools, automation and jurisdiction-specific functionality help organisations prepare, validate and generate CRS and FATCA submissions with confidence, reducing manual effort while improving accuracy.
Whether reporting for a single jurisdiction or managing obligations across multiple territories, TDE provides the flexibility and control required by today’s international fiduciary businesses.
Technology backed by expertise
Successful reporting is about far more than producing XML files.
Clients need confidence that their data has been validated correctly, submissions can be completed on time and knowledgeable support is available whenever required.
This year’s reporting season concluded with no outstanding support calls and no known instances of clients being unable to submit on time. That reflects not only the robustness of the TDE platform, but also the expertise of the Vega team supporting clients throughout the reporting process.
Ready for the future
With regulatory reporting continuing to evolve and new requirements such as CARF approaching, organisations need reporting technology that can adapt alongside changing legislation.
The latest reporting season once again demonstrates TDE’s ability to support high-volume CRS and FATCA reporting across multiple jurisdictions while delivering the reliability clients depend on when regulatory deadlines matter most.
Another successful reporting season. Almost 17,000 Reporting Financial Institutions. More than 110,000 reportable account holders. Twenty-eight jurisdictions. Most importantly, another year of helping clients meet their regulatory obligations with confidence.
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