TraX

TraX is a comprehensive online tool for a company’s compliance team to combat money laundering and prevent the financing of terrorism (AML/CFT). The anti-money laundering software filters financial transactions and customer databases against official watch lists to help prevent release or processing of any transactions by blacklisted individuals or entities.

TraX is a real-time transaction monitoring system with an inbuilt analytics rule engine essential for any compliance team. This powerful AML, KYC software allows you to monitor and track each financial transaction real-time through black list screening, pre-configured rules, risk-based scoring and case management.

Cinque Technologies has partnered up with Acuris Risk Intelligence, a leading global provider of customer intelligence data including historical PEPs, sanctions and adverse media databases, to allow organizations to comply with the AML regulations through a single, cost-effective platform.

The AML, KYC tool aids in automation and structuring data, helping to streamline internal processes, gain a clear picture of risks, and minimize manual workload. The anti-money laundering software delivers high-end monitoring, visualisation and analysis to ensure faster decision-making. Leveraging a wide spectrum of tools for efficient data management, suspicious activity monitoring, analytics and more, it enables the compliance officer to make faster and more informed decisions. Gain access to real-time risk data and discover valuable insights with one of the most powerful AML software solutions today.

  • A comprehensive solution which reduces the risks of each financial transaction.
  • Blacklist screening with embedded free list and comprehensive Acuris Risk Intelligence dataset.
  • The AML software is compatible and integrable with different financial inhouse applications.
  • Flexibility and ease to add, edit and monitor industry standards and Central Bank rules.
  • The anti-money laundering software provides real-time notifications and alerts based on the predefined rules and cases.
  • TraX is one the most used AML softwares in the financial markets in the GCC.
  • Custom risk-based and profile-based reports available as PDFs.