FIS Compliance Plus

FIS' Compliance Plus® is an enterprise-wide tax reporting service that incorporates all the FIS Wall Street Concepts’ (WSC) Asset Class Services to process transactions.

Through Compliance Plus, WSC provides tax information reporting outsourced solutions to the financial services industry to facilitate production of Forms 1099, 1042-S, 5498, K-1, etc. for domestic, retirement and nonresident alien accounts.

This includes the special requirements associated with REMICs, Pass Through Mortgage Backed Securities, Long term OID bonds, Master Limited Partnerships, Mutual Funds, REITs, Unit Investment Trusts, and Widely Held Fixed Investment Trusts (WHFITs).
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Tags:
outsourcing, tax information reporting, compliance, IRS, Wall Street Concepts, WHFITs