FIS® Income Reallocation Services solve the onerous battle to produce accurate tax statements within a condensed timeframe. We source, test and standardize the information for ease of use, while giving you access to the original source format as well. It delivers daily updates and supplemental files during the critical tax reporting season.
Income Reallocation Services use data mining and predicative analytics to annually identify the securities that are likely to experience income reallocation events, offering the best possible tax reporting experience for your customers. You can use it as a standalone solution or as part our managed tax services product, FIS® Tax Reporting Manager.How FIS empowers tax information reporting
Discover a solution that produces accurate and timely tax statements
Experience broad coverage
Support a broad spectrum of securities that experience reallocation events
Generate multiple reports
Produce more than 40 web-based reports, such as progress status by firm or globally
Save time and money
Substantially reduce the number of corrected 1099s