FinTech Software and Data Company M&A

The Challenge

A FinTech software company placed itself on the market for sale. Detailed due diligence was necessary to determine the value, risk, and cost of integrating the firm. If the due diligence process resulted in the acquisition of the Fintech company, the integration had to be executed flawlessly without any adverse customer experience impact.

The Solution

Due diligence was performed on the customers, products and services, financials, information technology, organization and personnel, business and data operations, cybersecurity, compliance, and other critical aspects of the potential target. Merger P&L forecasts, integration roadmaps and timelines, synergies, integration risks and a bid price were developed. The company was acquired and integrated.

The Benefits

Revenues were increased 60% and EBITDA by 30%. A significant customer list was acquired. The geographic footprint and market were significantly expanded in the US nationally and across Europe and Asia. The overall breadth of financial market data content was significantly increased, the software product and managed services portfolio were significantly expanded and the feature/functionality of existing product and services was greatly enhanced. There was zero adverse impact to the customer bases caused by the integration.

Loan Packaging Optimization with RPA

The Challenge

The loan packaging process needed to be shorter with reduced manual human error and rework and at a lower cost to remain competitive in the market and maintain margins. Economic conditions did not support addressed the challenge by simply improving existing processes and hiring more staff and training them better.

The Solution


Robotic process automation bots were implemented to perform the tasks summarized below.


  • The bot downloaded the loan package and split the documentation by classification type.
  • The bot correctly indexed documents and validated or identified missing documents or information.
  • The bot updates the loan details on the LOS as required such as the order compliance report, flood certificate, fraud report, and loans in the LOS.

The Benefits

The solution resulted in 30% AHT reduction and greater than $3 MM USD of annualized savings

Tax and Accounting Principles for Hedge Funds

tax plan

Today’s environment and market volatility have prompted fund managers and investors to evaluate the tax implications of their portfolios. The dislocation of markets has created a dynamic that is more important than ever to monitor your portfolio from a tax perspective. 

The main events influencing tax planning this year are lessons learned from the 2008 financial crisis, the 2017 Tax Cut and Jobs Act, the COVID-19 pandemic, and various regulatory changes. There are a variety of topics that are of particular importance this tax season, as well as considerations that might arise in the coming year, such as modifications to the 2017 tax bill. Another area of special relevance this year is how the CARES Act impacts taxes. For instance, how should Paycheck Protection Program loans and Employee Retention credits be treated? What are the state and local impacts of a remote workforce? Also influencing tax planning this year is the recently released “The Made in America Tax Plan[1]” by President Biden.

The current corporate income tax regime contains incentives for corporations to shift their production and profits overseas. Declining corporate tax revenues hinder the ability of the United States to fund investments in infrastructure, research, technology, and green energy. The Made in America tax plan would fundamentally reorient corporate taxation to reverse this legacy.

The proposed tax plan implements a series of corporate tax reforms to address profit shifting and offshoring incentives and to level the playing field between domestic and foreign corporations. These include:

  1. Raising the corporate income tax rate to 28%.
  2. Strengthening the global minimum tax for U.S. multinational corporations.
  3. Reducing incentives for foreign jurisdictions to maintain ultra-low corporate tax rates by encouraging global adoption of robust minimum taxes.
  4. Enacting a 15% minimum tax on book income of large companies that report high profits, but have little taxable income.
  5. Replacing flawed incentives that reward excess profits from intangible assets with more generous incentives for new research and development.
  6. Replacing fossil fuel subsidies with incentives for clean energy production.
  7. Ramping up enforcement to address corporate tax avoidance.

These are the major elements of the Made in America tax plan, but the proposal contains several additional tax incentives that would directly benefit U.S. corporations, pass-through entities, and small businesses. These include, for example, a marked increase in the resources available through the Low-Income Housing Tax Credit and other housing incentives. These unique issues make it more important than ever to have a timely tax analysis on your portfolio, outlining tax efficiency goals and tools like a wash sale watch list, lost harvesting and aging reports.