John Byrne, IM's CEO, stated, Most corporate actions software contains only very limited tax functionality, leaving institutions to develop extensive manual procedures to minimise taxation of cross-border income. However, withholding tax optimization has been rapidly increasing in importance for investors and we have recently been asked by several clients to develop a more sophisticated set of services into our converg-e and CAMA products. ... We are already in discussions with several of our clients to hook up to this new service which we believe will provide them with operational efficiency as well as a significant market advantage.
More Quotes from John Byrne:
This has been a very dry winter. Normally we'd see snow melting from the hills and running into the streams.John Byrne
I have no problem with Spain or with the Spaniards, but ... I cannot understand how a democratic British government can want to give away what is our birthright without even asking us.
John Byrne
I feel not unlike a small boy, waking from a bad dream to find reality not much of an improvement.
John Byrne
It will become the standard of care. In five years, I think we will not be able to imagine a world in which we do not have a camera in a cardiac surgery operating room.
John Byrne
It's a model that the nurse-midwife provides total care to her patient and yet has backup in an emergency situation. If you're doing it at home, you would not have the backup of the hospital.
John Byrne
I think the time for dawdling has disappeared, ... If there's anything we've learned, it's that each new study and set of findings provides indications that we are more vulnerable and have less time to act than we thought before.
John Byrne
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