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Differentiators of the TAINA Platform

TAINAu2019s Platform has key back office & front office Differentiators<br><br>

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Differentiators of the TAINA Platform

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  1. Differentiators of the TAINA Platform 1

  2. Contents TAINA Platform unique features 3 Entire Tax form validation process 4 Back-office differentiators 5 Front-office differentiators 6 Differentiators of working with TAINA 7 Form processing statistics 8 2

  3. TAINA Platform unique features TAINA Platform ✓ ✓ ✓ ✓ Multi-tenancy architecture? Option of on-premise or hosted? Single platform across scanned, online and mobile forms? Advanced database extracts and MI? ✓ ✓ ✓ ✓ Real-time change in circumstance monitoring? Comprehensive IMY Structure building? ✓ ✓ ✓ ✓ ✓ ✓ Complex Structure Validation? Advanced business-logic enhanced OCR capabilities? Real-time Stock Exchange matching? Real-time customer facing validation? ✓ ✓ ✓ ✓ ✓ ✓ Truly scalable technology stack? ✓ ✓ Next generation flexible workflow? ✓ ✓ Flexibility to fit around existing systems? ✓ ✓ 3 *Please note this has been prepared based purely on the information and feedback we receive from our existing and prospective clients, none of these have originated in the TAINA Team. Some of these may not be up to date. We encourage everyone to do their comparison and arrive at their own conclusions.

  4. TAINA’s Platform is Differentiated across the entire tax form validation process Front Office Back Office Unrivalled Unrivalled sophistication sophistication of functionality of functionality Coherent data Coherent data storage and storage and taxonomy taxonomy Universal access Universal access mediums mediums Flexible optional workflow. Changes in Circumstances Batches & individual Paper forms Withholding Calculations Maps into regulatory reporting Data Output Rules Engine Online forms Complex IMY Structures Mobile Can support all business lines in one instance Advanced Audit trail ✓ Covers all major access mediums; Covers all major access mediums; scanned forms, e scanned forms, e- -forms and mobile ✓ Applies an automated, consistent and Applies an automated, consistent and comprehensive ruleset, covering FATCA, comprehensive ruleset, covering FATCA, CRS and Chapter 3 regimes CRS and Chapter 3 regimes ✓ Ensures higher data quality, which is Ensures higher data quality, which is stored for audit purposes, used for stored for audit purposes, used for regulatory reporting and Customer regulatory reporting and Customer Lifecycle management Lifecycle management forms and mobile 4

  5. TAINA’s Platform has key back-office Differentiators Key Differentiators Flexible & modular: Flexible & modular: Back Office Fits around your existing processes and systems Changes in Circumstances Customer Lifecycle Mgmt. Seamless end to end: Seamless end to end: Validates for all relevant tax regimes in the same module Withholding Calculations Covers Changes in Circumstances & RTK Covers Changes in Circumstances & RTK events events Regulatory Reporting Rules Engine data output Transparent ruleset: Transparent ruleset: We are happy with you reviewing our ruleset once committed Complex IMY Structures Seamless Withholding Calculations Seamless Withholding Calculations Account classification Audit trail Capability to process multi Capability to process multi- -tier complex structures seamlessly structures seamlessly tier complex 5

  6. TAINA’s Platform has key front-office Differentiators Key Differentiators IRS guidance without giving advice: IRS guidance without giving advice: Leverages IRS instructions in a customer friendly manner Front Office Best in class OCR: Best in class OCR: The only platform to process scanned forms and instantly validate OCR Scanned Data cross Data cross- -checks: checks: Online, scanned and mobile solutions leverage public information and FI’s own books and records data to validate in real-time Online Rules Engine Industry Industry- -first mobile Platform (in development): first mobile Platform (in development): Making tax forms as simple as possible for individuals and entities Mobile Operational Flexibility: Operational Flexibility: Can be used stand-alone, for remediation or built into your system for onboarding 6

  7. How working with TAINA is Differentiated from Deployment to Maintenance Multi Multi- -tenanted tenanted system ensures a system ensures a consistent ruleset, consistent ruleset, while lowering risk while lowering risk and reducing the and reducing the costs of costs of deployments deployments Dedicated Dedicated professional professional support (can be 24 support (can be 24 hours) hours) Responsiveness to Responsiveness to change requests, change requests, regularity and regularity and speed of updates speed of updates Speed of Speed of deployment deployment Ease of Ease of maintenance maintenance DEPLOYMENT MAINTENANCE 7

  8. TAINA form processing throughput TAINA Platform Form Processing Times minutes (fractions) 1.43 1.37 0.68 0.75 0.73 0.68 0.83 0.82 1.23 1.17 0.85 0.82 0.80 Daily Processing Per Person (6hrs) Form Type Timings (mins:secs) W8-BEN-E 2016 W8-BEN-E 2017 01:26 01:22 00:41 00:45 00:44 00:41 00:50 00:49 01:14 01:10 00:51 00:49 00:48 251 263 527 480 491 527 432 441 292 309 424 441 450 W8-BEN 2014 W8-BEN 2017 W8-ECI 2014 W8-ECI 2017 W8-EXP 2016 W8-EXP 2017 W8-IMY 2016 W8-IMY 2017 W9 2014 W9 2017 W9 2018 W8-IMY 2017 + 3 Beneficiary Forms 04:11 4.18 86 Each Extra Layer + 3 Beneficiary Forms 03:45 3.75 96 8

  9. Thank You! 9

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