Acupay’s Product Roadmap 2023
In 2023, Acupay continues building on its long-term strategy targeted at growth through service expansion and product diversification. Investment in new technology and elevated user experience remains at the forefront of our product development. Our roadmap includes initiatives that aim to develop and launch new product components, whilst modernising our legacy platform and ensuring the highest possible scalability, resilience, and performance of our product suite.
Here is Acupay’s roadmap for each of its products and services in 2023:
Issuer Services – Acupay System: The start of 2023 finds Acupay working with new corporate issuers to bring more tax-efficient securities into the market – the projects are currently confidential and will be communicated as soon as practically possible. Meanwhile, the Acupay team is working on an initiative to explore markets where the tax laws and regulations could enable issuers to issue securities employing tax relief mechanics. We look forward to sharing exciting news about new markets soon.
Outsourcing – TPS: As Acupay is about to conclude the major refactoring initiative aimed at improving scalability, robustness, and general performance of the TPS platform, a whole new set of enhanced features is planned. From market-driven tax changes in relation to new laws, treaties and documentation types coming into effect, to expanding the platform’s ability to deal with complex taxable corporate actions and reporting requirements, all the developments to be delivered this year will improve the solution’s capabilities and efficiency.
Tax Reclaims: 2023 is Acupay’s most ambitious year so far in terms of our market coverage expansion plans. This year, we plan to expand our service to no less than 30 additional markets. Leveraging our recent partnership with a top market data vendor, we aspire to deliver a significant improvement in our tax reclaim service, and we are excited to be in a better position to help even more clients file reclaims through a truly global service.
New Products – Market Data, World Tax Forms and New Acupay-BondCom Platform: Last year, Acupay shared exciting news about a new tax documentation management solution that would alleviate one of the most significant pains in tax and back-office operations. This year, in addition to proceeding to the next implementation and launch phases of this solution, we are expanding its scope to offer market information around tax relief in around the globe. The two services will complement each other and will eventually be integrated into the new Acupay-BondCom Services Platform. This new common product platform will replace our legacy systems, the Acupay System and the BondCom website and ticker solutions. The Acupay ecosystem will be a new cutting-edge, feature-rich platform aiming to revolutionise security lifecycle services, from back-office and processing aspects.
If you would like to learn more about our ambitious product roadmap for this year or discuss how our solutions could transform your cross-border investment tax relief and deliver value to your organisation and your clients, get in touch with us today to schedule a meeting at product@acupay.com or +44 207 382 0340.