Apiax use case Tax-Efficient Investment Advice

Modern digital RegTech tools make it easy to assess the tax impact of investments. This enables financial service providers to offer their clients value-added investment advice and address some of the key challenges facing financial institutions, including the need to offer value-added services and differentiate their brand in the marketplace.

Increasing complexity of tax regulations

It is blatantly obvious that increasing regulatory complexity threatens productivity and efficiency and holds back the entire financial industry. This also implies, however, that substantial benefits await those that navigate regulatory complexity better than their competitors. This is especially the case with tax regulations. In fact, using capable RegTech technology, financial service providers can make use of tax regulations to their – and their clients’ – advantage.

With the right set of digital tools, financial service providers can turn tax regulations into competitive advantage.

Turn tax regulations into tax-efficient investment advice

With the help of tax-impact calculations on financial instrument-level, client advisors can offer their clients personalised, tax-efficient investment recommendations. They can create new touch-points and activate their clients with a topic that is not just highly relevant to their investment performance but also offers an engaging investment narrative. The good news here is that our RegTech solution is able to generate tax-impact calculations on ISIN-level at the click of a button. This is all made possible by machine-readable regulations on financial instrument-level that take into account the precise tax implications of individual financial instruments.

Digital tax regulations allow to offer tax-efficient investment recommendations that are beneficial to investment performance.

Personalised investment recommendations

All this leads to one of the industry’s biggest needs, the demand for personalised, value-added investment services. The growing demand for tailor-made advice and new products is one of the most important challenges in wealth management and private banking. The introduction of new, value-adding, tailor-made services is a priority for financial institutions. The quality and frequency of customer interactions are among the most important factors for customer satisfaction. And all the while, banks and wealth managers struggle to differentiate their brand on the market. Tax impact calculations offer very concrete answers to all these challenges.

Struggling to offer personalised products? Or to position your brand on the market? Tax impact calculations offer very concrete answers to the main challenges that financial institutions face today.

Start working with digital tax rules now

Start working with digital tax rules now. Start using this information in your advisory processes, advisory applications and internal systems. To learn more about the benefits of digital tax rules, download our whitepaper or get in touch with us so that we can schedule a meeting.