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Telekurs Financial launches new service for French Fiscal Prices (ISF: Impôt de Solidarité sur la Fortune)

Paris, 24 April 2007 – SmartCo, the French software house specialising in data management applications for the financial sector, and Telekurs Financial, a specialist service provider in the capture, processing and distribution of international financial information, have announced the integration of Telekurs Financial's Valordata Feed data flow into SmartCo’s Smart Financial Data Hub system.


Due to the strength of its experience in providing calculated data on various asset classes, Telekurs is providing a solution to the specific needs of French and Monegasque customers and, in general, for Private Banking. This solution is similar to some other products already available from Telekurs, primarily end-of-year pricing for the Swiss market.

ISF Prices is available now and consists of a file of data for more than 55’000 financial instruments. The ISF file, delivered by Telekurs Financial, allows the banks to select the most profitable method, of the official methods of calculation applied, to the taxpayer.

Julien Deschamps, project manager ISF” adds: ISF quotation is part of the continuity of our product offer. We have expertise in providing calculated financial data and, based on this expertise, together with a desire of answering the specific expectations of our local market, we are now offering a file of quotations to facilitate the procedures of ISF declarations.”

Newly launched, ISF Prices” by Telekurs Financial has already attracted several customers such as the Compagnie Monégasque de Banque (CMB), who has just ordered this tool for the production of the tax declarations of its customers who are liable to the ISF.

Telekurs Financial

Telekurs Financial is a company in the Telekurs Group, which operates in the fields of financial information, payment transactions and IT services.

As a leader in its field, Telekurs Financial specializes in the procurement, processing and distribution of international financial information for investment advisory services, portfolio management, financial analysis and securities administration.

A global network of local financial market specialists procures real-time stock exchange information at source from the leading financial centres. Containing over 2.5 million financial instruments, the database of structured, encoded securities information maintained by Telekurs Financial and its representative offices abroad is unparalleled throughout the world in terms of both depth and data coverage.

As the official numbering agency for Switzerland and the Principality of Liechtenstein, Telekurs Financial is responsible for allocating Swiss security (Valor) numbers. It is a founding member of the Association of National Numbering Agencies (ANNA) and leads the way in introducing standards aimed at simplifying trading and securities administration.

Telekurs (France) SAS is one of the 18 subsidiary offices of Telekurs Financial, located in 14 major financial centres around the world. Telekurs (France) SAS is also one of the data collection centers of Telekurs Financial, handling all gathered information directly sourced from more than 220 stock exchanges, 550 contributors, and the major press agencies.

For additional information, please visit www.telekurs.fr

     

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