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Clearstream and Xceptor have entered into an agreement to offer a redefined service for withholding tax processing for financial intermediaries. The joint service will allow for elevated customer service levels while handling ever-increasing volumes, complexity and regulation.
Andrew Kouloumbrides, CEO at Xceptor, said: “The Xceptor Tax Solution is already the de facto industry solution for 5 of the top 10 global custodians. The partnership with Clearstream, takes us onto the other side of the process, laying the foundations for an industry shift. We are delighted to be partnering with Clearstream in bringing this initiative to market.”
Samuel Riley, Head of Investor Services and Financing at Clearstream, said: “Our clients rightly put their focus on...
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