Elemento

TransWise

An All-in-One Solution for Streamlining Money Exchange and Remittance Functions. Core application and integrated money movement solution which handles the business, operational and accounting needs of the enterprise, with focus on improved efficiency, salability and profitability.

Transactions, at its Core

Designed with emphasis on the “-ilities” such as Speed, Security, Reliability, Flexibility, Scalability, Accessibility and no-compromise approach on Transparency and Compliance forming the backbone of money movement ecosystem.

Transactions

Facilitating, Tracking, and Resilient Management of transactions from sender to receiver, across diverse partner networks, paths, timelines and eventualities with integrated Anti-Fraud, Anti-Risk, AML and compliance capabilities. Comprehensive transaction tracking and reporting features, allows businesses to maintain detailed records and comply with regulatory requirements

Networks

Effectively managing partner networks and its definitions for pricing, handling integrations, transformations & enrichments, transaction routing based on rules & policies in real time. This integration allows for secure and efficient transfer of funds, as well as real-time exchange rate updates. Engineered for agility, partnering with new banks and money transfer organizations are now easier than ever before.

Pricing

Equipped with versatile pricing capabilities to meet the dynamic needs of businesses. It allows for flexible pricing strategies, including fixed rates, variable rates based on market fluctuations, and customized rates for specific currencies or customer segments, ensuring accurate pricing and conversion for transactions involving different currencies, ultimately optimizing revenue.

Accounting

Efficiently manages multi-currency transactions, providing real-time updates on rates and ensuring accurate financial records. Enables seamless tracking of transactions, simplifying the management of branches and profit centers. With its comprehensive reporting features, including trial balance and statement generation, businesses can easily monitor their financial performance and ensure regulatory compliance.

Know Your Customer

Know Your Customer (KYC) capabilities enables businesses to efficiently verify and manage customer identities, ensuring compliance with regulations and reducing the risk of financial crime.

Customer

Customer information, whether individual or corporate, is meticulously maintained and validated for accuracy and sensitivity. Supports a flexible process flow, encompassing onboarding and ongoing information updates. Serving as a single source of truth for customer information, the platform offers built-in APIs for seamless integration with other systems, ensuring that customer data is always current and accessible across the organization.

Beneficiary

Organizing beneficiaries and profiles is crucial for expediting transaction processing, conducting effective risk assessments, and ensuring compliance. Supports multi-faceted beneficiary profile management, taking into account the transaction's nature, value, partner network and all necessary information for facilitating transactions, and complying with regulatory policies systematically, ensuring efficiency and security.

Documents

Facilitates the management of documents required to verify the identity of customers, beneficiaries and ensure compliance with regulatory standards. Allows for the secure upload, storage, management, document expiration tracking, version control, and audit trails of these documents, ensuring that they are easily accessible when needed for verification or audit purposes, maintaining the integrity and security of the information.

Insights

Built-in analytical capabilities to derive valuable insights and trends from the KYC data and transaction properties. These insights help businesses gain a deeper understanding of their customers, assess risk more effectively, and analyze customer behavior. By leveraging these insights, businesses can make informed decisions that improve risk management, ensure compliance with regulations, and enhance customer service.

Is TransWise right for your business ?

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Please feel free to reach out if you have any further questions or if there is anything else you would like to know about our product. We are here to help!