Introducing RegTank Protego

Compliance Suite 

Automate your AML compliance processes with RegTank’s full compliance suite, Protego. Protego is a proprietary Regtech offering that helps cryptocurrency institutions speed up the process of AML/CFT and save at least 30% cost* .

 

By integrating KYC and KYT coupled with RegTank Know Your People (KYP) internal controls set-up, Protego serves as the ultimate compliance command centre with a streamlined set of policies and response controls. Institutions can now react agilely to the rapid-changing regulatory landscape with simply a couple of clicks.

Know Your Customer

( KYC )

RegTank helps you manage your KYC obligations such as risk assessment, screening, record keeping and ongoing due diligence in a single consolidated, user-friendly platform

Customer

Onboarding

  • ID verification with Video onboarding option

  • Instant Face Recognition & Biometric Analysis between ID document and photo or selfie captured on a smartphone, tablet or webcam

  • Data Extraction & Validation

We extract relevant data points from user’s ID documents including name, document number, and more, using optical character recognition (OCR).

KYC

Screening

  • AML/CFT Screening

The information will be loaded to our database and screening about any PEP, sanctions, etc. that might match, in accordance with the requirements of regulators.

  • Risk Scoring

Combing screening results and basic information of users, a risk score can be given to each user customised to your scoring standards.

Ongoing

Monitoring

  • Automated Re-screening

On-going monitoring could be laborious but crucial to reduce compliance blind spots and the need for future bulk remediation projects.

To ensure the safety and reliability of users and meet compliance requirements, our system has a function to allow clients to do rescreening according to user’s risk level. The frequency of rescreening can be customized and automated. 

 
 

Know Your Transaction

Monitoring Platform

( KYT )

RegTank offers real-time analysis to identify and report suspicious cryptocurrency transactions. Manage your risk exposure to illegal activity by utilising advanced risk algorithms for transaction limits, laundering trends, and layering heuristics and robust cryptocurrency addresses database.

Real-time Transaction

Monitoring System

Our real-time transaction monitoring system introduces sophisticated machine learning methods to alert exchange users about the high-risk activity patterns that are likely to require closer scrutiny. We provide pre-defined rules & algorithms, data visualization & analysis of historical transactions, and API integration to users.

Risk Scoring

and Reporting Platform

We enable clients to add important indicators that contribute to a risk score. Companies create risk-based rules that take into account a holistic view of the customer. To determine what scoring/reporting customizations are needed and implement these customizations, we provide workshops, architecture reviews, and application development.

Fund Tracking

and Investigation

We track the fund source and fund destination of each user’s wallet, once the user transfers in or out of the wallet whose address matches the suspicious wallet address in our database, the system will immediately remind the exchange. Our solution provides real-time early warning of suspicious trends, and accurately monitor risk addresses.

Know Your People

Internal control set-up and reporting

( KYP )

People are the weakest link in your security. Leveraging on our experience in the industry, our team assists in the proper set-up of reliable, robust, and transparent internal controls to ensure that processes are functioning to achieve organizational excellence efficiently and effectively and to prevent adverse risk incidents that could damage corporate credibility.

Internal

Controls

Design and monitor the efficacy of internal controls, which are firmly ingrained and incorporated into everyday business operations. Ensure systems work safely and efficiently with designated checks.

Risk

Management

Identifying, evaluating, treating, and monitoring risks helps companies gain a competitive edge by improving operational and business performance. Facilitate top-down and bottom-up risk identification approaches

Compliance Document

Management

Stay ahead with flexible compliance document management. In addition, enable regional or departmental administrators to identify controls for their business part and document all processes before deployment.

 

One-stop compliance solutions for fintechs, navigating compliance, security and risk management challenges in the most effective manner

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© 2020 by RegTank Technlogy Pte. Ltd.

About
Contact us

114 lavender street #07-89 CT-Hub2, Singapore 338729

 

Hotline: +65 3138 3819

Email: info@regtank.com

QQ: 3253835158