ComplyTrack for Creatio
Not rated
Ensuring compliance with the regulator’s requirements (KYC, AML, CTF/CPF, legislation, industry standards).

Overview

Product overview

Product description

The ComplyTrack for Creatio helps make your compliance functions and processes easy, transparent, and manageable

Use cases:

ComplyTrack for Creatio provides a unique set of functions and electronic processes every organization needs in order to combat money laundering and terrorism financing. The close relation of this app with other Creatio objects (processes, persons, documents) makes the process of compliance incident processing highly automated, provides any investigation with the full set of the necessary information, and ensures control over the execution of the decisions aimed at minimizing compliance risks. The app can be used for automation of compliance with other requirements of the regulator (legislation, industry standards). The universal functionality of the app makes it a convenient tool in the internal control system of any company.

Key features:

  • Customer KYC profile management
    Customer profile creation and maintenance with 360-degree visibility of the customer compliance information, full understanding of the client’s customers, identification of beneficial owners of an account, detailed review of other personal and business relationships of the customer, automated creation of groups for linked persons, internal and external communication on compliance investigations, GDPR compatible.

  • Document management
    Create libraries of documents regulating compliance risk processing and ensure compliance-related document structured storage (external regulatory documents, investigation documents, identification, registration, and other documents provided by a client). Document cross-linking to several business objects (partners, clients, cases, incidents, etc.), control of document expiration dates, etc.

  • Incident registration
    Ensure precise incident registration mechanism (e.g., incident triggered by a match with watch lists, client’s suspicious activity, and other triggers) with the possibility of automated registration of an incident via feed from external systems, based on an email or built-in business rules, or manual incident registration via user interface.

  • Preconfigured Compliance Processes and Investigation Digital Dossier
    If necessary, initiate digital dossiers on the incidents or scheduled inspections. The system offers requesting, receiving, and storing expert’s assessments, explanatory memos, documents, and comments, setting up online processes for making decisions, coordination, and control of execution of the decisions made in the course of investigations in accordance with the procedures adopted in your company, configurable classification of dossiers, checklists, processes, etc. Use standard processes focused on the specific task, e.g., Accepting new clients (onboarding), Client due diligence (CDD, EDD) and other.

  • Questionnaire management
    Create digital questionnaires for various types of clients and their authorized representatives, including questionnaire versioning and different types (client’s questionnaire, information on business partners, investment questionnaire, etc.), management of amendments in questionnaire data (including online coordination of the amendments), coordination and approval of questionnaires filled in by the clients.

  • Determining client’s risk score
    Use client’s risk score calculation mechanism based on the client’s parameters, registered relations, and questionnaire data to get a holistic view of your customers by understanding their risk level. The system offers setting various scores for separate risk factors to set up optimal risk assessment model in accordance with the business strategy of the company. The system stores historical data used for the purposes of risk calculation audit. Flexible risk rules designer provides a possibility to support industry best practices KYC/AML/CTF.

  • Checking matches with control lists
    ComplyTrack for Creatio comes with pre-installed customer data watch list screening functionality for verification in the course of the online process of accepting the client or in the course of the investigation (incident-based or scheduled inspection), section of regular inspections for automation of daily check of counterparties, customers and related person against sanctions lists and other uploaded lists, audit log of checking results, possibility to create local list of unwanted person, automated import of lists from external sources (e.g., OFAC, EU, UN sanctions lists, Dow Jones, Accuity, LexisNexis), automated watchlist screening of persons involved in investigations.

  • Regulatory reporting
    For report generation you can use data accumulated from a multitude of source modules. Our data-first approach allows you to take advantage of all data already managed and stored in the system, even data manually entered for previous reports. Save time, manual effort and reduce data operating errors. The data can be displayed as charts, KPIs, tables, drilldowns, and can be exported to the files of popular formats such as .xls, .doc, .pdf, xml, etc. For example, an integrated mechanism for generating a SAR/STR report in goAML (XML) European format or generating a customer profile printout.

  • Compliance business rules
    The ability to set up scenarios that require a response from an employee or client. A flexible mechanism for setting up new rules allows you to use any data from the system. As a result of the rule triggering, the ability to send a notification to certain employees or organizational groups, create an incident, or start a new business process with its own logic (for example, block a client).

  • Ensuring control
    Use centralized incident, investigation, and process registers for efficient control of compliance in general. The system offers grouping by source, type of risk, business process, person in charge; searching for a separate dossier or process, obtaining detailed information (history of registration and processing, explanatory memos, expert’s assessments, comments, documents, decisions made and history of their execution); planning preventive risk mitigation measures; automatically generated tasks for employees, based on the scheduled activities; business process of control over execution of actions and approval of results; preinstalled report panel for tracking the presence of new incidents and other important indicators.

Categories

Industries

UI Framework

UI Framework
Classic UI

Type

Type
Application

Price

Price
Paid
Trial

Compatible with Creatio

Version
7.14 and up

Pricing

Monthly
Annual
ComplyTrack for Creatio Cloud / On-site
$ 60.00 user / month
billed annually

Terms and Conditions

By installing this product you agree to terms and conditions outlined in the license agreement.

Pricing FAQ

How does pricing work?
What currencies are accepted for payment?
Do the listed prices include taxes or discounts?
Does the listed price include the cost of the Creatio Platform plan?

Support

Support is available for this application
Support is provided by the developer within the “Basic” and “Business” packages. Detailed information about the support packages and the support terms can be found on the Creatio website.

Installation

Setup guide

For installation and setup, please contact the solution developer Confero Technologies or your personal manager at Creatio.

Compatibility notes

Compatibility notes
Application works only in the Classic UI. Freedom UI support is coming with the next release.

Product compatibility

UI Framework

Classic UI

Deployment Options

Cloud
On-site

DBMS

PostgreSQL
MS SQL

Platform

.NET Framework

Compatible with Creatio

7.14 and up

Versions

Versions history

Version
Compatibility
Release date
1.2.0
7.14 and up
29.07.2024
Release summary
  • A group of related clients/persons (holding), calculated based on the relationships with the specified depth.
  • Mechanism of customizable universal validations.
  • Activation of beneficiary and representative connections through risk-case.
  • Mechanism of customizable business rules for automatic creation of incidents or risk-cases.
  • Automatic client onboarding mode depending on the results of scoring and screening.
  • Containerization (moving to Kubernetes) of the internal screening service (working mode without the Siron KYC product) to increase the efficiency of multithreading.
  • Mechanism of notification rules based on the occurrence of terms or changes in field values.
  • Risk scoring has added the ability to create models for limiting the level of risk or setting a minimum level of risk.
  • REST API for client cards (in addition to standard integration methods with the Creatio platform)
  • Transaction verification process by product codes to identify dual-use goods.
  • Added details for accounting of licenses and audit of PEP statuses
  • Improvement of risk-case term control mechanism, creation of automatic print forms in the case
  • Extended partner card, added the ability to create a connection from the partner card.
  • Expanded search conditions by lists (sanctions, etc.). Added a section for searching for persons online with the possibility of printing the verification result and saving the result in the person's documents.

Manual app installation

  1. Open the needed app → the Packages tab - download the Markeplace app files.
  2. Click in the top right → Application Hub
  3. Click New application. This opens a window.
  4. Select Install from file and click Select in the window that opens.
  5. Click Select file on the page of the Marketplace App Installation Wizard and specify the app file path.

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