The signing of the FATCA Inter-Governmental Agreement between South Africa and the USA and the subsequent introduction of the FATCA provisions by SARS caused a great deal of change in the financial services market. Insurance and investment companies specifically were affected as these changes impacted a range of internal processes, internal training and risk monitoring.
With a network of over 15 000 charities Stewardship, a London based organisation, facilitates donations of more than £70 million yearly. The organisation operates as a donor advised fund, taking donations from givers and claiming their tax rebate under the UK’s Gift Aid scheme. It then makes onward donations to charities at the request of the original donors.
A prominent South African based financial services group was formed in 2010 through the merger of two large insurance and financial services companies. As a result of the merger, the organisation now had two employee benefits divisions and IT systems, both with similar functionalities. The organisation made the decision to combine these two divisions into
Based in the UK, red24 is a leading risk management company that delivers a range of products and services to businesses, organisations and individuals around the world. The company assists clients in minimising risks to their personnel, operations and profitability, and have a global network of multi-disciplinary consultants. TravelTracker, a red24 online tracking and location
Sanlam is a leading South Africa-based financial services group, with various business clusters which provide financial solutions to individual and institutional clients across all market segments. The Employee Benefits (EB) division within Sanlam Corporate was lacking an automated web solution which started resulting in delays and inaccuracies in the important monthly processes of contributions, deductions