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ComplyTrack Creatio

Ensuring compliance with the regulator’s requirements (KYC, AML, CTF, legislation, industry standards)
Software solution
Application type
On-site
On-site deployment
Cloud
Cloud deployment
    Product description
    Product description

    Application ComplyTrack Creatio helps make your compliance functions and processes easy, transparent and manageable.

    Use cases:

    ComplyTrack Creatio provides a unique set of functions and electronic processes every organisation needs in order to combat money laundering and terrorism financing. 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, ensures control over execution of the decisions aimed at minimising compliance risks. The app can be used for automation of compliance with other requirements of the regulator (legislation, industry standards). Universal functionality of the app makes it a convenient tool in the internal control system of any company.

    Key features:

    • Incident registration
      Register compliance incidents manually or automatically (match with control lists, incidents import from external systems, automated registration of incident based on email sent to a specific email address).
    • Digital investigation dossiers
      If necessary, initiate digital investigation dossiers (about incidents or scheduled inspections). Request, receive and store expert’s opinion, explanatory memos, documents and comments digitally in the dossier. Set up and use online processes for decision-making, approval and control of execution of decisions made in the course of investigation in accordance with the procedures adopted in your company.
    • Pre-configured online processes
      Use standard online processes for ensuring client onboarding, transaction monitoring, client due diligence/enhanced due diligence (CDD/EDD), suspicious activity report (SAR) processes and regulator or third party request processing.
    • Document management
      Create the necessary libraries and structured storage of important documents related to ensuring compliance (external regulatory documents, investigation documents, client’s documents – identification, registration etc.).
    • Questionnaire management
      Create digital questionnaires for all types of clients and their representatives. Manage versions of the questionnaires. Manage amendments in the questionnaire data (including electronic process of acceptance of amendments). Use questionnaire data for defining client’s risk profile.
    • Determining client’s risk score
      Use client’s risk score calculation mechanism that is based on client’s parameters, registered relations and questionnaire data. Set various values for separate risk factors for configuring optimal risk score calculation model that fits your company and complies with your business strategy.
    • Checking matches with control lists
      Automated checking of match of all persons (clients, partners, employees, counterparties) in control lists can be carried out at a certain frequency (daily, weekly, etc.). If necessary, use the mechanism installed in the app for checking one certain person. This verification can be carried out in the course of client onboarding or under an investigation (incident or scheduled review).
    • Ensuring control
      Use centralised incident, investigation and process registers for efficient control over the entire compliance process. Sort them by risk source or type, business process, employee in charge. Use search to quickly find the case or process you need and obtain exhausting detailed information (history of registration and processing, explanatory memos, expert’s opinions, comments, documents, decisions made and history of their execution). With an in-built board of reports track the dynamic of new incidents and other important indicators.
    Support conditions

    The developer provides support within “Basic” and “Business” packages in accordance with standard conditions of Creatio support services.

    Price
    - - - - Software solution - - - - ComplyTrack Creatio cloud subscription
    $ 856
    user / year
    - - - - Software solution - - - - ComplyTrack Creatio on-site subscription
    $ 856
    user / year
    - - - - - - - Add-on - - - - - - - ComplyTrack Creatio add-on cloud / on-site subscription
    $ 556
    user / year

    ComplyTrack Creatio add-on requires a valid Creatio license.

    The minimum annual purchase volume per customer is at least $5,000 spent for Creatio software and services.

    Pricing does not include taxes and fees (such as VAT) regulated by law.
    Product compatibility
    Product
    All products on Creatio platform
    Version
    7.14 and up
    DBMS
    Any supported DBMS
    Platform
    .Net Framework
    Guides and manuals

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

    Leave your feedback about the solution to its developer and Marketplace team