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FATCA sets its sights on world domination

May 14 Posted by AutoRek Admin in FATCA 0

Although most people think of the Foreign Account Tax Compliance Act (FATCA) as a particularly loathsome US creation, it seems that FATCA has begun to...

Continue reading Foreign Account Tax Compliance Act, regulations, FATCA, compliance

Hedge funds managers face a tough balancing act

May 08 Posted by AutoRek Admin in Reconciliations 0

The incredible speed of today’s trading environment – combined with a sharp increase in trading activity and the increasing complexity of the actual p...

Continue reading regulations, Asset Management, asset reconciliations, compliance

FATCA webinar strikes a chord with worried FFIs

May 04 Posted by AutoRek Admin in FATCA 0

Our webinar on FATCA drew quite a large audience last week, since lots of foreign financial institutions (FFIs) have begun to get seriously worried ab...

Continue reading Klear, Foreign Account Tax Compliance Act, regulations, compliance

Still hoping FATCA will go away? Think again.

Apr 25 Posted by AutoRek Admin in FATCA 0

As with any other nuisance – novelty ringtones, reality TV, rising fuel prices – a lot of people have been hoping that the horrendous FATCA would ju...

Continue reading compliance, Foreign Account Tax Compliance Act, FATCA, regulations

Paper-based payment systems are the dinosaurs of modern banking

Apr 16 Posted by AutoRek Admin in Banking 0

According to an article in The Times, hundreds of thousands of UK savers are still suffering delays and inconvenience each year because banks and buil...

Continue reading retail banking, compliance, Financial Services, regulations

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AutoRek^® is a product of API Software Ltd and was born in 1994 in the days of mass privatisation and de-mutualisation. By working closely with a number of stockbrokers involved in these massive share sales, we discovered that existing manual reconciliation systems simply couldn’t cope with the volumes, short timescales and accuracy demands placed upon them. Find out more about AutoRek.

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