Singapore, March 15th, 2024 - Regnology, a software provider with a focus on regulatory reporting solutions, today announced to have won the Best Vendor Solution for the Common Reporting Standard (CRS) at RegTech Insight Awards APAC 2024. The awards are designed to recognise excellence in RegTech solutions and services and focus on vendors providing exceptional offerings to capital markets participants in APAC. 

Angela Wilbraham, CEO at A-Team Group, and host of the 2nd annual RegTech Insight Awards APAC 2024, commented “These awards celebrate providers of leading RegTech solutions, services and consultancy across Asia-Pacific. The winners were selected by A-Team Group’s RegTech Insight community and demonstrate exceptional creativity in building solutions that solve regulatory challenges. Our congratulations go to Regnology for winning Best Vendor Solution for the Common Reporting Standard (CRS).” 

Regnology offers a centralized tax reporting platform, managing multiple tax regimes for 140 countries, as well as offshore and onshore tax calculation, withholding, simulations and client tax reporting. The solution ensures that clients stay current with the latest changes in international tax regimes, including the Central Electronic System of Payment Information (CESOP) and Crypto-Asset Reporting Framework (CARF). In October 2023, Regnology announced the strategic shift to 100% hyperscale-cloud delivery of its tax reporting solutions delivered through Rcloud, its state-of-the-art cloud platform powered by Google Cloud, enabling unforeseen scalability and access to transformative AI technology to its customers. 

 

"We extend our gratitude to the esteemed panel at the RegTech Insight Awards for recognizing our efforts, and to our valued customers for their unwavering trust in us. Our dedication lies in fostering financial stability and promoting tax transparency within the industry. Continuously evolving, our team diligently updates our solutions to guarantee compliance with both current and future tax reporting requirements."

Fabrice Chatelain, Head of Tax Solutions, Regnology

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