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Markit, a global provider of financial information services, has continued its innovative approach to its solutions suite, this time targeting a new tax solution and Common Reporting Standard (CRS) for users, according to a Markit statement.
Just one week after its foray into the Fintech space with Fintech Sandbox, Markit this time has launched its CTI Tax Solutions, which engenders and oversees a CRS that helps identify tax residency and oversight across customer accounts. The solution was designed and supported by several leading players, including Barclays and Brown Brothers Harriman (BBH). Furthermore, both banks have already signed onto ... (read more)