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New pre-packaged option for Xceptor Tax on SaaS accelerates deployment, enables scalability, and ensures regulatory compliance
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MiKaDiv module automates compliance with Germany’s upcoming digital tax reporting rules
London, UK – 18 February 2026 – Xceptor, a global leader in data automation for capital markets, today announced a pre-packaged option for Xceptor Tax on SaaS, its market-leading solution for operational tax automation. The new offering fast-tracks solution delivery, reduces resource burden on financial institutions, and helps firms prepare for upcoming regulatory change. As a result, more asset managers, custodians, and investment banks can benefit from automated, optimised, and compliant tax processes.
Xceptor has also introduced a MiKaDiv module within Xceptor Tax for seamless compliance with Germany’s new digital tax reporting framework, effective 1st January 2027. The new module includes enhanced data collection, an advanced data validation and processing engine, and built-in reporting and distribution capabilities. It proactively sources beneficial owner information, transaction data, and documents, reconciles discrepancies, and manages exceptions. Users can also generate standardised reports for submission to the German Tax Authority or other endpoints, such as their local tax agent.
“Tax operations have long been hampered by manual processes, regulatory complexity, and inconsistent documentation,” said Paul Duffy, Senior Product Manager for Xceptor Tax at Xceptor. “Xceptor Tax combines advanced data automation with AI-powered document intelligence to set the gold standard for withholding tax processes. Now, more institutions can automate at scale, reduce risk, and respond faster to market and regulatory change, all with the flexibility and resilience of SaaS.”
“Additionally, clearly mapped data sources, consistent formats, and streamlined workflows are essential for MiKaDiv compliance, and that's where Xceptor excels,” added Paul. “Our MiKaDiv module makes it easier for institutions to meet the 2027 income obligations with confidence and lays the foundation for smoother compliance with other mandates, such as the wider EU FASTER Directive.”
Trusted by eight of the top ten global custodians, Xceptor Tax, built on Xceptor’s enterprise-grade Data Automation Platform, automates complex operational tax processes, from documentation and relief at source to reclaim workflows and regulatory reporting. Now available as a pre-packaged SaaS option and with an integrated MiKaDiv module, the solution helps financial institutions reduce operational risk, boosts efficiency, and ensures compliance.
For media enquiries, contact:
Sofia Romano
Principal, Communications & AI
Email: sofia.romano@xceptor.com
About Xceptor
Xceptor is a global leader in data automation for financial institutions, specialising in capital markets. Trusted by over 100 clients and 11,500 users across 60 countries, Xceptor empowers business users to take control of their data and streamline processes with AI, while minimising risk. Its highly configurable platform underpins purpose-built solutions for tax, reconciliations, and post-trade operations. For more information, visit www.xceptor.com.
