TrackWizz Anti Money Laundering

Venu Madhav Head - Operations,

We have been using TrackWizz offered by TSS for our compliance-related activities for the past few years. With the help of TrackWizz, we've been able to effectively manage all our regulatory AML related requirements easily, even as we continue to scale at a fast pace. The tools offered on TrackWizz are top of the line. Additionally, the team at TrackWizz has been extremely accommodative in understanding our business-specific requirements and customizing solutions to match them.

Stephan Kemp Compliance Officer,

The TrackWizz Risk Rating and Periodical Review solution provides us with the ability to systematically risk rate our clients in accordance with our risk rating methodology. The solution converts a complex set of requirements into a simple and intuitive risk rating process that enables us to focus our energy and resources on those clients that pose a higher money-laundering or terrorist financing risk to our organisation. The solution is the essential component of our risk based approach and smoothly integrates with our solutions ecosystem. In our experience the solution is stable and we are expertly supported by TSS to address any improvement or enhancement requirements. A true game changer if you are dealing with large volumes of clients and have limited resources available.

Stephan Kemp Compliance Officer,

The TrackWizz Transaction Monitoring solution allowed us to significantly improve the efficacy and robustness of our transaction monitoring programme. The solution includes an intuitive workflow that allows users to collaborate seamlessly when reviewing transactions that are potentially suspicious or unusual. With the help of TSS, we were able to customise transaction monitoring rules that is specific to the transactional behaviour of our clients. This ensures fewer false positives and frees up resources to focus on those transactions that is indicative of reportable behaviour. The solution further allows a fully auditable workflow which provides much needed ease of mind to AML/CFT Compliance Officers.

Amit Arora Senior VP,

Over the last 7 years, our relationship with TrackWizz has been growing. It began with Anti Money Laundering and we use now more than 7 modules in areas of insider trading and KYC. Their approach of continuously improving the solution in this ever-changing landscape of financial services is their biggest strength. The integration of modules in a single software has also helped to achieve savings of cost and resources.
TrackWizz is a genuine partner for our compliance and operations requirements.