Company Information

Get to know Systax

Systax is a specialized division within the Thomson Reuters corporation that focuses on delivering advanced software and services for tax information management. With a long history as a trusted provider, its primary mission is to help financial institutions—such as brokerage firms, banks, mutual funds, and retirement plan administrators—navigate the complexities of tax regulations. Systax's solutions automate critical processes like cost basis reporting, corporate actions processing, and the generation of essential tax forms (e.g., 1099 and 1042-S), ensuring accuracy, efficiency, and compliance with evolving tax laws.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service
Financial Wealth Management

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Systax

Brazil

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.