The agreement was signed in the Arab Jordan Investment Bank premises in Amman with the
presence of Mr. Wael Al Qadi Assistant GM of AJIB and Mr. Rand Hashem the Managing Director
of Pio-Tech .
FATCA is a new US law released to prevent tax evasion by US citizens and residents through
use of offshore accounts.This new law requires financial firms to implement considerable
enhancements to their processes and systems relating to the collection and reporting of client
information , Bank-BI ® FATCA Compliance System from Pio-Tech combines the tools ,
technology and expertise to deliver a solution that helps organizations to manage and control
the complete cycle of their client identification, information management and reporting
process with minimum impact on their current technology infrastructure.
“We are proud of AJIB confidence in our delivered solutions knowing the banks continuous pursuit to enhance their services by adopting new
technologies and solutions, we also believe that this project will be addition for a series of successful implementations in Pio-Tech’s march”.
said Rand Hashem, Managing Director,Pio-Tech.
Pio-Tech has long crowned the market as a pioneering System Integrator and Business Solutions Provider, backed by a history of proven
innovative results and a dedicated team of consultants with a futuristic vision.
The company’s carefully-built vertical solutions introduced an original brand, which evidently confirmed its presence as a commanding
flagship in the financial industry. Through its wide array of solutions, Pio-Tech has helped myriad financial institutions to better understand
their business and bond with their customers, and ultimately, to steer their operations towards attaining excellence in performance.