Technology & Security — Engineered for Regulatory Reporting

At the heart of Novus Compliance is a technology platform purpose-built for the sensitive, high-stakes world of regulatory reporting. We combine bank-grade security with multi-layer validation and scalable automation — so your compliance team can move fast without cutting corners.

Our platform is more than a tool. It's your partner in achieving effortless, error-free, and audit-ready reporting for FATCA, CRS, and future regulatory frameworks including CARF and DAC8.

Generate Your First FATCA/CRS File

Uncompromising Security & Data Privacy

Your client data is your most valuable — and most sensitive — asset. We protect it with the highest industry standards.

• End-to-End Encryption: Data is encrypted in transit (TLS 1.3) and at rest (AES-256) on our secure servers. All sensitive fields — including TINs, names, addresses, account numbers, and balances — are encrypted at the field level.
• Data Sovereignty & Isolation: You control your data. We employ strict logical separation and process and store information in accordance with your regional requirements (EU, US, APAC).
• SOC 2 Compliance: Our infrastructure and operational practices are regularly audited against the AICPA's Trust Service Criteria for security, availability, and confidentiality.
• Principle of Minimal Exposure: Our architecture is designed to process encrypted data without unnecessary decryption — significantly reducing the attack surface.
• Zero Data Retention Policy: Final generated XML and encryption packages are available for download for a configurable period, after which they're purged from active servers. You control the data lifecycle.

Multi-Layer Validation Engine

Precision is non-negotiable in tax reporting. Our validation engine is designed to catch errors before they become rejections.

• Layer 1 — Input Validation: Checks data format, completeness, and basic logic upon upload. Missing fields and malformed values are caught immediately.
• Layer 2 — Business Rule Validation: Applies the complex rules of FATCA and CRS. Examples: "If AccountBalance > $50,000, then TIN is mandatory" and "If AH Type = FATCA102, Controlling Persons must be reported."
• Layer 3 — Schema (XSD) Validation: The final technical validation against the official IRS or OECD XML schema — FATCA XML v2.0.1 or CRS XML v3.0 — before file generation.

Clear Error Resolution: When errors are found, our system provides clear, actionable messages — not just raw XML error codes — so your team can resolve issues quickly. See our FATCA and CRS guides for the field-level rules we enforce.

Automation & Workflow Engine

We fit into your workflow — not the other way around.

• Bulk Processing Engine: Built to handle large volumes of data efficiently, so performance doesn't degrade during peak reporting seasons. Process thousands of account holders in a single batch.
• Automated Workflows: Configure rules for recurring reports, approval chains, and automated notifications to streamline your compliance calendar.
• Excel-to-XML Conversion: No XML programming or schema validation expertise needed. Download our Excel templates, fill them in, upload — and we generate the compliant XML automatically.
• Multi-Jurisdiction Output: Upload a single dataset and generate separate, correctly formatted XML files for each jurisdiction. We support India, UK, Luxembourg, Ireland, Canada, Switzerland, and 100+ other jurisdictions.
• IDES Integration: For FATCA Model 2 filers, we handle AES-256 encryption, digital signing, and direct submission to the IRS IDES Gateway.
• Correction Workflows: Full DocRefID and CorrDocRefID chain management. Use our Correction Filing Checklist to verify every step.

Why Choose Novus Compliance?

From FATCA and CRS to US information returns like 1099-MISC and 1099-NEC, Novus Compliance handles the full US tax reporting workflow — with the same validation engine, encryption, and audit trail that powers our AEOI platform.

Technical Architecture Overview

Our platform is built on modern, resilient infrastructure designed for compliance workloads.

• Cloud-Native & Resilient: Built on leading, scalable cloud infrastructure for high availability and disaster recovery. We target a 99.9% uptime SLA for the core platform.
• Modular Microservices: Our platform uses independent services for validation, XML generation, and encryption — ensuring stability and allowing for rapid, isolated updates without disruption.
• Continuous Deployment: Schema updates and feature enhancements are deployed seamlessly. When the IRS releases a new schema or the OECD updates CRS requirements, we're already ahead of it.
• Audit Trail: A complete log of data changes, generated files, and user actions provides a clear record for internal and external audits.

Ready for CRS 3.0 and FATCA v2.0.1

The OECD's amended Common Reporting Standard becomes mandatory on 1 January 2027. Our platform is already prepared:

• CRS XML Schema 3.0 — generates valid output against the new schema, including crypto reporting, self-certification status, and controlling person role fields.
• FATCA XML v2.0.1 — full support for the latest IRS schema.
• Zero and Negative Balance Handling — correctly reports accounts with zero or negative balances per the amended rules.
• Multi-Jurisdiction Timelines — generates the correct schema version for each jurisdiction, even during the staggered 2026–2027 transition. Read our CRS 3.0 guide for the full timeline.

Try Our Technology — Free Tools

Not ready to sign up? Explore the same engine that powers our platform through free tools.

• XML Validation Tool — validate FATCA and CRS XML against the latest OECD and IRS schemas. Free, instant, no signup.
• GIIN Validation Tool — verify any GIIN against the live IRS FFI List.
• GIIN Lookup — search the global FFI database by institution name or country.
• Download Templates — free Excel templates with test data for all major jurisdictions.

Independently Audited. Verified Confidence.

Our infrastructure and data practices undergo regular independent audits to comply with rigorous security standards. We engage third-party security firms for penetration testing and vulnerability assessments on our application and infrastructure. Security documentation — including our SOC 2 report and security whitepaper — is available under NDA for qualified enterprise clients.