Swiss-headquartered SOFGEN has extended its partnership with ERI, the financial software business, under which ERI markets the former’s tax calculation and reporting platform to users of the OLYMPIC banking system.

Swiss-headquartered SOFGEN has extended its partnership with ERI, the financial software business, under which ERI markets the former’s tax calculation and reporting platform to users of the OLYMPIC banking system.  

The platform is called SaveTax, a multi-jurisdictional service. As part of the agreement, ERI will supply and maintain a standard interface between the OLYMPIC Banking System and SaveTax.

SaveTax covers 11 tax jurisdictions, in addition to producing generic tax statements for tax residents of European countries and elsewhere. The countries include France, Belgium, the Netherlands, Spain, Portugal, Switzerland, Germany, Luxembourg and the UK. Further countries will be rolled out as part of the 2014 - 2016 development cycles, according to a statement from SOFGEN.

SOFGEN is an IT consulting group specialised in private, commercial and retail banking. It was founded in Geneva in 1999; it also has offices in Chennai, Singapore, London and New York, and employs 450 staff and more than 200 clients. ERI operates in Geneva, Zurich, Lugano, London, Luxembourg, Singapore, and Paris.