Efficient processes for corporate clients: The Düsseldorf online broker CapTrader and the fintegra GmbH have entered into a strategic partnership to automate the tax accounting of securities transactions. With the new product „WAVE“ (Automated booking of securities) German corporate clients, foundations and family offices receive an exclusive solution from a single source.
Wave: No more manual bookkeeping
Until now, the biggest hurdle for companies trading via international brokers has been the high manual effort involved in processing the data for accounting purposes. This is where „WAVE“ comes in. CapTrader delivers all transactions automatically to fintegra. There, the data is prepared, processed and output in common formats such as DATEV or CSV. The customer's tax advisor can import this data directly and seamlessly.
Comprehensive tax processing
„WAVE“ is not just an interface, but an intelligent tool. It supports all products that can be traded on CapTrader, including complex forward transactions such as futures and options combinations. In addition, it processes:
- Corporate actions and short selling
- Tendering and settlements
- Dividends and interest received
- Fee payments of all kinds
Reporting date valuations and legally compliant statements in accordance with commercial and tax law are an integral part of the package.
Expertise meets innovation
The founder of fintegra, Dr. Rolf Müller, is an expert who has been dealing with tax issues relating to assets for over 30 years. The fintegra group of companies, based in Nuremberg, is the market leader in the development of digital products for securities accounting. In combination with CapTrader's global trading infrastructure, the result is an offering that massively simplifies the management of complex securities accounts.
Conclusion
With the fintegra cooperation, CapTrader solves an essential problem for professional investors. „Wave“ also makes highly profitable global trading child's play in administrative terms. Entrepreneurs and foundations who value legally compliant and time-saving accounting will find the perfect solution here.