TRαDE, which stands for tax reporting and alpha discovery engine, is RSM’s proprietary, cloud-based tax platform that handles the most common tax timing and character concerns encountered during the trading of securities.
Traditionally, tax preparers would analyze tax calculations in separate and distinct steps, leaving traders to make investment decisions using inaccurate calculations of tax ramifications.
With TRαDE, an integrated approach supports a contemporaneous, tax-sensitized view of the portfolio. This enhances compliance, ensures accurate tax calculations and enables tax-efficient decisions about trades.
TRαDE has revolutionized the tax compliance function from a cost center to a value-creation center by providing portfolio managers with real-time tax data and in-depth analytics. TRαDE, with its standard yet flexible design, provides simple answers to complex tax rules and trade ramifications for:
