Collaboration Planned Between CPB SOFTWARE AG and Halvotec Information Services GmbH17. April 2012
Press release – Rosenheim, Germany:
IT companies CPB SOFTWARE AG and Halvotec Information Services GmbH, both providers of professional software solutions for banks, are set to embark on a joint project. They intend to combine two of their systems: SECTRAS, designed to process German reporting and tax data, and RaQuest, which is used for reclaiming foreign withholding tax.
The collaboration between the two IT providers is aimed at giving banks optimum support for processing tax issues. The increased functionality created by the interaction of the software solutions should lead to greater efficiency, while clients will also benefit from further added value as support will be more wide-ranging and processes more convenient to manage.