Digimap Automatic Exchange of Information Solutions Division

Digimap has developed the IGOR Automatic Exchange of Information AEOI reporting system which allows Financial Institutions to submit returns to the Competent Authority and the onward submission to the XML files to the various jurisdictions around the world.

IGOR provides everything you require to comply as a participant in the Multilateral Competent Authority Agreement (MCAA) which involves implementing the Common Reporting Standard (CRS) to enable the exchange of information under the OECD global standard on Automatic Exchange of Information (AEOI).

IGOR Highlights

Self Service by Financial Institutions including registration and account setup. Including API’s to provide automation of these tasks

Automatic and manual upload of XML files for FATCA and CRS

Automatic exchange of data with CRS jurisdictions and the IRS for FATCA

User friendly validation and extensive reporting of XML files to ensure they comply with GIINs, FATCA or CRS schema Business rules, Country rules

The competent authority will benefit from

Simple authorisation of Financial Institutions

Key management reports to easily identify and manage the FI’s that have and have not reported

Secure messaging system with all FI’s

Active Directory integration

We have been extremely pleased with the IGOR system and the work Digimap has carried out. The CRS and FATCA obligations can be quite technical, and Digimap and its team of programmers has made that part easy for us as the Competent Authority and as easy as possible for the Guernsey Financial Institutions. From a Competent Authority perspective I have found having direct access to the developers of the software has been particularly helpful.

Nig Garland

Deputy Director (Compliance & International) of the Guernsey Income Tax Service

Treasurer Haigh said he “is particularly pleased that Digimap was awarded the tender as he and a colleague had visited the Digimap premises in Guernsey in August this year and they felt assured that Digimap would be able to provide the necessary technical skills and support into the future”. He also said he was “impressed by their ‘can do’ attitude, and noted that they had received some very positive feedback from the Guernsey Income Tax Office, which gave them a high level of confidence that Digimap’s product worked well”. Haigh went on to say that “coming from another small island state, albeit on the other side of the world, we felt they understood our needs and challenges and were more than willing to assist us with our CRS implementation.”

Andrew Haigh

Treasurer of the Cook Islands Ministry of Finance

Digimap’s Information Gateway Online Reporter (IGOR) solution brings together our deep knowledge of the business challenges faced by the Competent Authority and Tax Authority in a Jurisdiction under one division. With twenty years’ experience of delivering software solutions and services to public sector organisations, we have the skills and expertise to deliver digital solutions to meet your regulatory or legislative obligations.

The IGOR system has been live for 3 years and has already made 2 rounds of FATCA returns using IDES and the September 2017 CRS returns using CTS, in accordance with the OECD instructions.

What sets us apart is our ability to work closely with you to provide a solution to meet your requirements, working closely with our software development team. We believe in a partnership approach.

Contact us

Digimap Ltd, Cobo Business Centre, Route De Carteret, Castel, Guernsey, GY5 7YX

aeoisolutions@digimap.gg

+44 (0)1481 700321

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