Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech PR

DataTracks Oxbow: A Game-Changer in Global Compliance

Published

on

datatracks-oxbow:-a-game-changer-in-global-compliance

AMSTERDAM and LONDON, March 18, 2025 /PRNewswire/ — DataTracks, a global leader in regulatory reporting solutions, announces a new version of DataTracks Oxbow, its FATCA/CRS reporting software. DataTracks Oxbow is a cloud-based solution that simplifies compliance for financial institutions by streamlining report creation and improving accuracy through an intuitive user experience.

“We’re excited to launch this upgrade, reinforcing our commitment to innovation and customer success,” said Suresh Swaminathan, CTO of DataTracks. “With advanced technology and user-centric design, financial institutions can navigate FATCA and CRS compliance confidently and efficiently.”

About DataTracks Oxbow

DataTracks Oxbow now offers a robust, secure, and intuitive system tailored to meet evolving FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) reporting requirements. It efficiently processes thousands of investors record and adapts to XML schemas across multiple jurisdictions, to support streamlined compliance.

Already feature-rich, enhancements include:

  • Secure Cloud Hosting is designed with high-level data protection.
  • Intuitive Report Wizard and a Redesigned Dashboard that simplify preparation, improve usability, and reduce manual effort.
  • Multi-User Workflow supporting preparer and reviewer roles for secure collaboration and accountability.
  • Scalability to process thousands of investor records swiftly and accurately.
  • Built-In Validation with jurisdiction-specific rules (e.g., Luxembourg, Cayman Islands) to ensure compliance.
  • Effortless Amendments allowing quick updates as regulations evolve.
  • Multi-Jurisdiction Compatibility covering CRS XML schemas across various regulatory landscapes.
  • IRS Integration enabling direct digital signing and FATCA reporting submission.
  • Full Audit Trail tracking every user action to ensure transparency.
  • Investor-Friendly Outputs in well-structured PDF formats for distribution.

Oxbow combines flexibility, automation, and accuracy – empowering institutions to manage complex, multi-jurisdictional reporting with confidence.

About DataTracks

DataTracks, recently recognized as a G2 Best Software winner in the Governance, Risk, and Compliance (GRC) category for 2025, has been providing compliance reporting solutions for over 20 years. In addition to Oxbow, DataTracks recently launched DataTracks Aurora, an AI-powered reporting solution for the Malaysian Business Reporting System (MBRS), reinforcing DataTracks’ commitment to simplifying compliance across global regulatory frameworks.

DataTracks’ full-stack solutions have supported over 30,000 clients across 25+ countries in effortlessly navigating diverse global regulatory regimes.

For more information, visit https://www.datatracks.com.

For Business Enquiries
Europe: +31 20 225 3702

Advertisement

Media Contact: mediarelations@datatracks.com

Disclaimer: Statements regarding product performance are based on internal assessments and client feedback. Results may vary. DataTracks is not affiliated with or endorsed by the Internal Revenue Service (IRS) or the Organisation for Economic Co-operation and Development (OECD).

Photo – https://mma.prnewswire.com/media/2643247/DataTracks_1.jpg
Logo – https://mma.prnewswire.com/media/663546/DataTracks_Logo.jpg

DataTracks Logo

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/datatracks-oxbow-a-game-changer-in-global-compliance-302404208.html

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

NYSE Content advisory: Pre-Market update + Stocks try for weekly gains

Published

on

NEW YORK, March 21, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.

Kristen Scholer delivers the pre-market update on March 21st

  • American Water (NYSE:AWK) will open the U.S. Markets to celebrate World Water Day.
  • The S&P 500 is trying to end a four-week losing streak as trade begins early Friday.
  • On Wednesday, the Federal Reserve said economic uncertainty has risen something that NYSE-listed companies like Nike and FedEx have also noted.

Watch NYSE TV Live every weekday 9:00-10:00am ET 

NYSE Logo

Video – https://mma.prnewswire.com/media/2647196/NYSE_March_21_2025_Market_Update.mp4

Logo – https://mma.prnewswire.com/media/2581322/New_York_Stock_Exchange_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update–stocks-try-for-weekly-gains-302407997.html

Continue Reading

Fintech PR

Bitget Hosts First-Ever Ramadan Iftar Night in Dubai for MENA Community, Raising Funds for 100,000 Meals

Published

on

bitget-hosts-first-ever-ramadan-iftar-night-in-dubai-for-mena-community,-raising-funds-for-100,000-meals

VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, hosted a Ramadan Iftar night, gathering blockchain pioneers, crypto investors, and industry experts for an evening of networking, collaboration, and reflection. The event highlighted the spirit of Ramadan while aligning with Bitget’s broader initiative to donate 100,000 meals to vulnerable communities. The event is co-hosted with Cypher Capital and IO.net.

The Iftar night provided a platform for meaningful dialogue among attendees, who broke their fast together in a warm, inclusive atmosphere. Discussions centered on blockchain innovation, market trends, and opportunities for collective growth, showing the blockchain industry’s potential to drive social impact.

Bitget initially pledged 10,000 meals, and extended donation matches to all donations, a dollar for a dollar to double the efforts of the community. With the generous support, the gathering reflected the essence of Ramadan, emphasizing compassion, reflection, and collective growth. Guests enjoyed a traditional Iftar meal while exploring collaborative opportunities and discussing the future of blockchain technology. By fostering connections among blockchain enthusiasts, Bitget aimed to highlight the importance of community-driven initiatives in advancing innovation and inclusivity within the crypto ecosystem.

The Iftar night event aligns with Bitget’s 100,000-meal donation initiative. Attendees contributed through donations, with Bitget matching each dollar raised. 

“Ramadan is a time for reflection, gratitude, and giving back. By bringing together leaders, investors and experts from the blockchain space and supporting those in need through our meal donation program, we aim to embody the values of compassion and unity. ” said Vugar Usi Zade, COO of Bitget. “We’re committed to doing our part, and we’ll keep pushing to help as many people as we can—not just during Ramadan, but every chance we get.

The 100,000-meal initiative targets vulnerable communities in regions facing significant challenges, aiming to alleviate hunger during the holy month. To achieve the fundraising target, Bitget has introduced initiatives encouraging participation from users, VIP clients, and influencer partners. Exclusive auctions featuring memorabilia from partnerships with La Liga also go towards the fundraiser.

Bitget’s Ramadan Iftar Night celebrated cultural traditions and promoted popularization of technology and humanitarian efforts. In a total so far, Bitget has raised 42604 meals aiming to surpass 100,000 anticipating auction results and events upcoming in Jakarta and Malaysia. The blockchain industry continues to evolve, Bitget remains steadfast in its pledge to empower communities, drive innovation, and create lasting positive impact.

Media partners: Bitcoinist | Blockchain Reporter | Bitcoin.com | Coinedition | Coingape | Crypto news | Crypto Daily | Cryptopolitan | Cryptorank | Mpost | NewsBTC | UAE news 247

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

Advertisement

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

View original content:https://www.prnewswire.co.uk/news-releases/bitget-hosts-first-ever-ramadan-iftar-night-in-dubai-for-mena-community-raising-funds-for-100-000-meals-302407931.html

Continue Reading

Fintech PR

Bitget Celebrates 1.5 million Downloads in February

Published

on

bitget-celebrates-1.5-million-downloads-in-february

VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto exchange by Forbes, alongside surpassing 100 million registered users, a testament to its growing influence and user-centric innovations.

The exchange’s rise reflects its focus on delivering secure, intuitive trading solutions tailored to evolving market demands. By prioritizing robust security protocols, regulatory compliance, and transparent operations, Bitget has established itself as a reliable platform for traders navigating the dynamic crypto landscape. Features such as copy trading and Bitget Seed, an AI-driven tool for identifying emerging Web3 projects, equip users with advanced strategies and real-time insights, streamlining decision-making in fast-paced markets.

With this momentum, Bitget continues to expand its suite of trading tools and services. Recent upgrades to its platform integrate new and advanced technologies designed to enhance user experience, from seamless asset management to AI-powered market analytics. These advancements underscore the exchange’s ability to adapt to industry trends while maintaining a competitive edge.

As the industry continues to transform, Bitget remains focused on refining its platform, broadening its global footprint, and introducing new features that cater to the diverse needs of traders in this rapidly evolving space.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

View original content:https://www.prnewswire.co.uk/news-releases/bitget-celebrates-1-5-million-downloads-in-february-302407919.html

Advertisement

Continue Reading
Advertisement
Advertisement European Gaming Congress 2024

Latest news

Trending