Scivantage to Co-Sponsor Cost Basis Reporting Webinar on June 16 at 1 PM EDT

Scivantage will be co-sponsoring a Cost Basis Reporting webinar on Wednesday, June 16th at 1 PM EDT.  PriceWaterhouseCoopers (PWC) will also be co-sponsoring this event, which is being hosted by Financial Technologies Forum (FTF).

To learn more about the event or to register, click here.

Cost Basis Reporting: Addressing Your Concerns

Date/Time: Wednesday, June 16, 2010 at 1:00 PM EDT

With the deadline for the new Cost Basis Reporting Law only 6 months away, your firm is fully prepared, right? IT updates made, systems integrated, staff trained, customer service reps in place? If only it were that easy. With final provisions yet to be released by the IRS, addressing these issues becomes that much more challenging. Attend our 90-minute Cost Basis Reporting online seminar to ease your concerns and get your questions answered directly by a tax expert, technology expert and industry peer. Get an update on the current requirements and learn best practice approaches to ensure operational efficiency and satisfied customers.

  • Overview of Cost Basis Reporting
  • Understanding the Challenges
    • Tax lot relief method
    • Covered vs. noncovered securities
    • Basis Adjustments
      • Wash Sales
      • Corporate Actions
      • Foreign Corporate Actions
    • Reporting Requirements
      • Transfer Statements
      • Issuer Reports
  • Implementation Considerations
    • Educating your client
    • Training
    • Penalties/liabilities
  • Best Practices for Tacking IT Challenges
    • Readiness and costs
      • Timeline
      • Hidden Costs
    • Selection of technology
      • Build vs. Buy
      • Expandability/Ability to innovate
    • Data Management
      • Frequency of transaction processing
      • Frequency of client reports
      • Availability of data for other applications
    • Traps for the Unwary
      • Automation versus manual processing
      • Reconciliation
      • Exception handling
      • Underestimating the challenges
  • Case Study: Hear from one of your peers
  • Q&A: Your chance to ask the questions you know you have
     

Featured Speakers:

  • Cameron Routh, Senior Vice President, Strategic Products, Scivantage
  • Dominick Dell’Imperio, Partner, PricewaterhouseCoopers LLP
  • Marty Rosen, Senior Vice President, New Accounts/Customer Reporting, Jefferies & Company, Inc.
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