Hyderabad: Mahindra Satyam and Dion Global Solutions have launched a software solution in Australia and New Zealand targeting the financial institutions. The solutions would help these institutions meet US Foreign Account Tax Compliance Act (FATCA) regulations.
Mahindra Satyam picked about 15 per cent stake in Dion last year. The solution, FATCA TRAC, developed by the two firms, complies with FATCA regulations, providing tools for programme management, client
classification and remediation, Rohit Gandhi, Senior Vice-President (Asia-Pac, India and West Asia and Africa) of Mahindra Satyam, said here in a release on Tuesday.
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