What EY can do for you
Banks’ tax and finance functions face dynamic pressures staying on top of legislative and regulatory change globally, keeping pace with technology, and attracting and retaining professionals with future-focused skills. These functions face a tall order: do more and contribute more with fewer resources and continuing pressure to reduce costs, in a rapidly changing world of risk and regulation. How can they be equipped with digital capabilities that evolve alongside the market, with human help whose talents also must adapt?
The TFO solution supports banks with a new tax and finance co-sourcing operating model to help manage risk and improve visibility, realize increased value from data, drive innovation and new ideas, and improve efficiencies.
Leveraging EY’s capabilities to help banks
Tax function improvement
Design and help implement future-proof tax and finance functions. Gain efficiencies through the right mix of co-sourcing, technology, and internal capabilities across tax compliance, tax accounting, tax controversy and tax advice.
Customer tax operations and reporting
Meet customer-related regulatory obligations through an integrated suite of Customer Tax Operations and Reporting Services (CTORS), supported by EY teams across the globe and underpinned by leading technology.
People and workforce
Effectively harness the people agenda as part of a cohesive business strategy that includes integrated workforce mobility, powerful workforce analytics and people advisory services.
Tax guidance
Provide tax advice that blends technology and business acumen to focus on consistency, compliance and banks’ strategic objectives.