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  • Saphyre and Global Tax Recovery Partner to Revolutionize Tax Reclaim Processing

Saphyre and Global Tax Recovery Partner to Revolutionize Tax Reclaim Processing

Key Highlights:

  • Saphyre and Global Tax Recovery streamline tax reclaim processing.

  • Collaboration leverages Saphyre's real-time data for efficiency.

  • Partnership reduces operational overhead for asset managers and owners.

  • Innovative solution addresses complex tax reclaim challenges.

  • Enhances investment performance by optimizing tax reclaim processes.

Source (PR Newswire)

Notable Quotes

"Asset managers and institutional investors encounter significant complexities and inefficiencies in managing tax reclaims, which can ultimately impact investment performance."

Ray Shivers, COO at Saphyre

"Data procurement is an essential factor in being able to execute reclaims faster and more efficiently."

Mark Friedman, Founder and joint CEO at Global Tax Recovery

Our Take:

The strategic partnership between Saphyre and Global Tax Recovery marks a significant advancement in the financial operations sector. By leveraging Saphyre's cutting-edge real-time data and Global Tax Recovery's expertise in tax reclaim services, this collaboration addresses a critical pain point for asset managers and institutional investors. The integration of real-time, verified data into the tax reclaim process not only enhances efficiency but also ensures greater accuracy and transparency, ultimately optimizing investment strategies and improving performance. This move underscores both companies' commitment to innovation and client-centric solutions, setting a new standard for the industry.