R&D Tax Credits for Financial Service Companies

Financial Service Companies

Companies within the financial services industry are able to reap the benefits of R&D tax credits as a reward for their research activities. Many companies are performing qualifying activities daily to improve and develop their products, processes, software, and technology that qualifies them for R&D tax credits.

Qualifying activities include

  • Automating manual processes through software implementation
  • Developing complex reporting functionalities to address customer’s requests
  • Developing solutions for big data usage
  • Integrating clients solutions with in-house software system
  • Developing theoretical models to be factored in the risk assessment of pricing

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