FSL’s offering of Offshore Reporting Funds data integrated with CGiX’s tax calculations has now gone ‘live’ with two existing clients. The data is included as part of the Income and Capital Gains Tax modules, removing the painstaking process of manual research and interpretation of thousands of offshore funds. This service is proving to be a great addition to FSL’s product portfolio and an increasingly popular ‘value added’ service for clients.
The Offshore Reporting Funds data offering has also seen success as a stand-alone product, for use within client’s internal systems via our export functionality. With a high net worth client already on our books, we are currently in contract stage with a further five. The future of our Offshore Reporting Funds data offering is very positive, with interest and demand growing steadily since its launch in early September. More clients are becoming aware of the demand for this data which FSL can provide in an easy-to-use, convenient, cost effective flexible format.