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Kiwi FinTech DataTorque scores a win in Barbados

Kiwi FinTech DataTorque scores a win in Barbados

Wellington-based DataTorque claims its third contract win in the Carribean.

DataTorque wins a deal  to help Barbados increase its tax efficiency.

DataTorque wins a deal to help Barbados increase its tax efficiency.

Credit: Dreamstime

Fresh off the back of the go-live of its Haiti contract, Wellington FinTech developer DataTorque has sealed a deal to help the Government of Barbados improve its tax efficiency.

The three-year contract to deploy its Revenue Management System (RMS) followed an international tender.

DataTorque has partnered with Canadian firm C2D Services to install its RMS for the Barbados Revenue Authority (BRA).

“We are delighted to be working with the Barbados Revenue Authority to help them reach their revenue goals to fund essential public services,” said Bill Chatwin, managing director of DataTorque.

“Our RMS together with the professional consulting we offer will help them to modernise their service delivery, by replacing legacy systems for all their tax types.”

Barbados is DataTorque’s third client in the Caribbean, following its revenue and transport management system work with the governments of the Bahamas and Haiti.

The Haiti project commenced last February and finished in May this year.

In 2014, DataTorque was contracted by the government of the Bahamas to implement RMS to manage tax reforms including the introduction of a value added tax. The company also counts the revenue services of Swaziland and Samoa as clients.

Founded in 1994, DataTorque offers three products, RMS, a customs management system (CMS) and a transport management system (TMS).

Chatwin said DataTorque is extending its presence in the Carribean, which is a major target market.

“It is wonderful to now be working in Barbados which is of course a Caribbean hub. As a small independent nation totally surrounded by sea, and as a member of the British Commonwealth, Barbadians and Kiwis have quite a bit in common," Chatwin said.

"We’re looking forward to helping the BRA advance toward meeting their efficiency goals and delivering great service to their taxpayers."


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