U.K. Firm Wants Cost-Effective, Scalable Back Office Liberum, a pan-European investment bank, signed a multi-year deal with Torstone Technology in July to deploy the vendor’s Inferno back-office system and went live earlier this month with the new system, achieving a four-month implementation, according to Liberum and vendor officials. An employee-owned firm, Liberum offers pan-European equity… Read More >>
IRS Eases Key Pain Points of FATCA Transitional Rules
The Department of the Treasury and the Internal Revenue Service (IRS) are extending key transitional rules for the controversial Foreign Account Tax Compliance Act (FATCA), in response to concerns from those affected by the effort of the U.S. government to enforce tax compliance for foreign financial assets and offshore accounts held by U.S. citizens overseas…. Read More >>
