MSatyam and Dion come closer to offer software solution
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Mahindra Satyam and Dion Global Solutions (Dion) have jointly announced to offer a software solution "FATCA TRAC" to assist financial institutions (FIs) in Australia and New Zealand (ANZ) in order to meet the US Foreign Account Tax Compliance Act (FATCA) regulations. Dion's FATCA TRAC, developed in partnership with Mahindra Satyam, has been designed to allow for customization and future proofing in order to meet a range of business, country and integration requirements and will enable financial institutions to swap from complying with the US FATCA regulations under an IGA without impacting their compliance programme. Rohit Gandhi, Senior Vice-President, Asia-Pac, India & MEA, Mahindra Satyam , said, "The jointly developed FATCA TRAC product enables us to combine the product development expertise of Dion with Mahindra Satyam’s ability to deliver solutions to business problems. The FATCA TRAC product w...