Comsure's iTrack AML CRA system is being upgraded. The Comsure team are running the final tests (checks and balances) before going live.
When we go live, we will update all current users to MKII and hope to add a new group of users in Jersey, Guernsey, Mauritius, and elsewhere.
For those who do not know about Comsure's iTrack, it is an AML CRA system, a comprehensive, web-based solution designed to help institutions manage and assess their financial crime and AML/CTF/CPF risks.
Here are some key features:
iTrack AML
- Risk Assessment: This process uses qualitative and quantitative data to create a detailed risk profile of an institution's products, services, geographies, and customer entities.
- Automation: Aggregates multiple risk categories and provides seamless updates to address regulatory changes.
- Reporting: Generates presentation-ready reports, charts, and tables to communicate risk to stakeholders, including regulators.
- Compliance: Meets the standards of international regulatory bodies such as FATF and Wolfsberg.
Customer Risk Assessment (CRA)
- Predictive and Analytical: Combines forward-looking risk prediction with historical scrutiny to assess customer risk.
- Risk Rating: This system assigns risk ratings based on geography, industry, and transaction habits.
- Compliance: Ensures full compliance with laws, regulations, and guidance.
Comsure's iTrack AML CRA system is designed to be flexible and scalable, making it suitable for institutions of all sizes. It helps firms demonstrate the robustness of their AML systems to regulators, covering aspects like client onboarding, verification, risk assessments, monitoring, and reporting.
- 👉 Want a Demo or Early Access?DM us or email [mathew@comsuregroup.com] to learn how iTrack AML MKII can transform compliance risk assessments.
Stay ahead of risk. Stay ahead of regulators.
References
itrack | AML | Comsure, Jersey - comsuregroup.com https://www.comsuregroup.com/advisory-product-support/itrack-aml/
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