The solution today’s cost basis challenges demand.

Determining cost basis often involves complexities that ultimately lead to “best guess” estimates. Now that strict new cost basis reporting requirements have become law, financial intermediaries need a reliable way to obtain accurate cost basis information. Fortunately , there’s an easy solution – NetBasis.

NetBasis provides accurate adjusted cost basis information in seconds. Drawing on a securities database extending back as far as 1925, it instantly accounts for historical pricing changes caused by stock splits, corporate mergers, dividend reinvestments and other events.

Built on the technology used by the IRS to audit capital gains returns for its 2005 Tax Gap Report, NetBasis offers a variety of usage options, from enterprise license or high-volume batch service to fully customized applications. It provides immediate compliance with new cost basis legislative requirements – without the time and costs of internallly developed solutions.