IDR has enhanced its tax servicing capability with the appointment of tax industry heavyweight, Robin Silverthorne as Tax Services Director.
Robin has over 20 years’ experience in senior tax roles spanning global banking groups including NatWest and HSBC, Big 4 accounting firms and the UK tax authority. He will spearhead the growth and development of our existing Tax Services, which cover all aspects of FATCA and CRS reporting for both fund managers and investors, bringing to bear a unique blend of in-house, advisory and regulatory tax expertise.
Tim Andrews, CEO of IDR says “Our clients have asked us to help them solve more problems with the information we hold, so I’m delighted to have Robin on board to help us achieve this through building upon our existing tax offering. Gathering information relating to tax is an integral part of the onboarding process so with this data already in our hub we’re ideally placed to support fund managers with future obligations in relation to tax compliance and reporting, with no extra hassle for their investors. It’s a simple yet elegant to a solution to an industry-wide challenge.“
Robin says: “Throughout my career I’ve been committed to tailoring innovative, joined-up tax solutions which make the tax process easier and more efficient for clients. Tax reporting is an increasingly challenging area for fund managers to navigate, especially as they raise bigger funds across a wider pool of investors so I’m excited to continue this journey with IDR.
The whole team’s passion for transforming how the private markets operate with their one-and done onboarding solution combined with their impressive reach across the industry globally made it an easy decision and I’m excited to get started.”
“For too long, private markets investors have been asked to provide information in triplicate for Subscription, KYC and Tax. We provide a solution with a universally compliant single access token. With IDR, investors simply authenticate once, in one platform, with expert support. Robin’s tax expertise will help us as we continue to enhance the underlying functionality of our token and underpin the development of a more efficient and accessible private markets eco-system” Tim concludes.
