The signing of the FATCA Inter-Governmental Agreement between South Africa and the USA and the subsequent introduction of the FATCA provisions by SARS caused a great deal of change in the financial services market. Insurance and investment companies specifically were affected as these changes impacted a range of internal processes, internal training and risk monitoring.
With a network of over 15 000 charities Stewardship, a London based organisation, facilitates donations of more than £70 million yearly. The organisation operates as a donor advised fund, taking donations from givers and claiming their tax rebate under the UK’s Gift Aid scheme. It then makes onward donations to charities at the request of the original donors.
Cedar Springs Presbyterian Church (CSPC) is an American based organisation in Knoxville, Tennessee that provides financial support in the form of sponsorship to missionaries who do voluntary work in various organisations across the world. CSPC is also a financial sponsor to many NGOs that provide logistical support for missionaries. CSPC and the NGO’s wanted a common reporting system
The Group Forensics Services (GFS) department, within a large insurance organisation, identifies and investigates transgressions within the broader company. Given the high volume and impact of their work, the department needed a scalable solution to improve their capturing and case management process. Although simplistic in its concept, the GFS management process spans across several user roles with GFS users
An interview with the Head of Solution Delivery at Saratoga, Agnieszka Ceitil by Consultant, Inga Davids. Artificial intelligence has gained traction across various industries and as a result it’s likely to disrupt and change many professions in the near future. McKinsey & Company estimates that as much as 45% of the tasks currently performed by
Everybody struggles to find their professional footing, to gain personal and financial independence and to fulfill their desire to establish a career and a life for themselves. For millennials entering the workforce, these seem even more unattainable and this generation is having an especially difficult time getting started. Let me paint the picture for you
In the highly competitive industry of technology solution delivery, Saratoga Software and Alacrity Technologies recently merged to provide an improved offering to clients and to position the new combined business as the solution delivery partner of choice. “After spending the past 18 months exploring the market for partnership opportunities, I am very excited that we
A prominent South African based financial services group was formed in 2010 through the merger of two large insurance and financial services companies. As a result of the merger, the organisation now had two employee benefits divisions and IT systems, both with similar functionalities. The organisation made the decision to combine these two divisions into
Based in the UK, red24 is a leading risk management company that delivers a range of products and services to businesses, organisations and individuals around the world. The company assists clients in minimising risks to their personnel, operations and profitability, and have a global network of multi-disciplinary consultants. TravelTracker, a red24 online tracking and location
Sanlam is a leading South Africa-based financial services group, with various business clusters which provide financial solutions to individual and institutional clients across all market segments. The Employee Benefits (EB) division within Sanlam Corporate was lacking an automated web solution which started resulting in delays and inaccuracies in the important monthly processes of contributions, deductions