EY - Tax technology for the Asset Management Tax function

EY Wealth & Asset Management webcast

Tax technology for the Asset Management Tax function

Driving efficiency into tax processes and deliverables

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As regulatory demand for tax information continues to grow, today’s Asset Management Tax function is challenged to meet its tax reporting obligations while controlling costs.

Inefficient data collection procedures, combined with resource constraints and a legacy of under-investment in tax technology, only add to the challenge.

Join our panel as we explore EY PowerApps, a set of data process and technology tools designed to assist the Asset Management Tax function in efficiently meeting its tax reporting obligations. With the help of EY PowerApps, the Asset Management Tax function can complete deliverables quicker, lower the risk of error, and communicate better and faster with stakeholders around tax reporting, while also driving cost out of the Tax back office.

Specifics topics to be discussed include:

  • Creating powerful end-user-developed reporting and analytics tools that will significantly reduce the time spent collecting, managing and manipulating tax data
  • Improving communication with investors and sharing information seamlessly with stakeholders
  • Using process and efficiency improvements to drive costs out of the Tax back office and improve net margins
  • Choosing the right tax data management solution for the Asset Management Tax function

 

Panelists

Darren Beardsley

Principal, FSO Tax Performance Advisory, Ernst & Young LLP

Darren Beardsley is the Financial Services Tax Performance Advisory co-leader of Ernst & Young LLP. He and his group provide an array of tax functional services designed to help improve the operating performance of tax functions for financial services companies including: tax transformation and operational strategy, tax function assessments/roadmaps, tax process redesign and technology enablement, SOX 404 documentation and advisory services, data improvement and information access, document and content management, tax function merger integration, organizational design, change management and project management services.

Darren’s experience includes managing projects with stakeholders across tax, finance, compliance, regulatory and information technology. He has worked with clients to help them re-engineer and improve their tax functions, including accounting and compliance processes, assess their current tax operating environment, assist in the redesign tax organization roles/responsibilities, help remediate internal control deficiencies, tax sensitize financial systems, and evaluate and assist in the implementation of tax technology tools.

Coskun Cavusoglu

Executive Director, FSO Tax Performance Advisory, Ernst & Young LLP

Coskun Cavusoglu is an Executive Director in Ernst & Young LLP’s Financial Services Tax Performance Advisory practice, focusing on tax technology, information, and process management. With 14 years of experience in enterprise architecture, process, and technology, he and his team of dedicated Tax Technology resources assist clients with their tax technology and process challenges.

He has worked on dozens of tax process and technology projects ranging from strategy, governance, vendor selections, taxonomies, as well as large-scale software development and deployment projects. A leader in the Tax Technology space, his experience as a tax technology architect in a wide variety of tax applications provides his clients with a streamlined approach to addressing their tax operations challenges.

He has also authored several books on Microsoft SharePoint technologies and is a frequent speaker in national and international technology conferences presenting on technology best practices.

Michael J. Polan

Executive Director, FSO Global Compliance & Reporting, Ernst & Young LLP

Michael Polan is an executive director in the Philadelphia Financial Services Office of Ernst & Young LLP. He focuses on the taxation of investments, allocations and technology to facilitate the taxation of investments and allocations. He currently is the team leader for the Securities Analysis Module, a module of EY TaxSpace.

He earned a Bachelor of Science degree in finance from the University of Delaware and a Master of Science in Taxation from Widener University.

Moderator

Mark Schutzman

Partner, FSO Tax Performance Advisory, Ernst & Young LLP

Mark Schutzman focuses on the effective operations of large corporate tax functions in the financial services industry. His project experience includes consulting on matters such as automation of critical tax processes and computations, tax ERP sensitization, and tax technology strategy development/roadmapping.

He has met with hundreds of Global Fortune 500 companies to research for a book he co-authored, “Tax Function Effectiveness - the vision for tomorrow’s tax function” published by CCH in 2008.

He has also authored numerous articles and is a frequent speaker before various business and trade groups, such as the Tax Executives Institute presenting ideas and insight to corporate tax best practices and trends in corporate tax management.