InstantWatch

InstantWatch, developed by Trapets, is a platform designed to assist businesses in combating financial crime. According to the vendor, it offers solutions for anti-money laundering (AML), know-your-customer (KYC), market surveillance, and transaction monitoring processes. The platform is intended for small to large enterprises in various professions and industries, including financial institutions, banking and financial services, insurance companies, investment firms, and trading venues.

Key Features

Transaction Monitoring: According to the vendor, InstantWatch provides automatic risk assessments, surveillance, and rapid alerts against money laundering and terrorist financing activities. It aims to help businesses comply with regulations and detect suspicious activity by offering comprehensive transaction monitoring and real-time data analysis for risk assessment.

Customer Due Diligence: The vendor claims that InstantWatch can improve customer onboarding and ongoing due diligence processes. It is said to reduce operational costs and perform accurate risk assessments, while offering a seamless experience for customers. The customer due diligence solutions are also customizable to meet specific requirements.

Screening: According to the vendor, InstantWatch enables businesses to screen customers against PEP (Politically Exposed Person), sanctions, and other watchlists. This feature is intended to help businesses comply with regulations, perform better risk assessments, and speed up the customer onboarding process. It also provides reliable data sources for screening purposes.

Market and Trade Surveillance: The platform's market and trade surveillance feature is claimed to detect, investigate, and report suspicious market manipulation and insider trading behaviors in real-time. It aims to help businesses comply with regulations and prevent market abuse by providing intelligent monitoring and detection capabilities. The customizable dashboards allow for real-time data analysis.