Solution Overview
Trusek has developed a comprehensive, ready-to-go BaaS infrastructure encompassing core Ledger, Account Management, Risk, Compliance, and Reporting functionalities.
This robust platform enables a diverse range of interconnected financial services and capabilities.
Core Ledger &
Account Management Platform
- Robust Transaction Processing: Securely records all activities and transactions in encrypted, dedicated, fault-tolerant cloud-based databases.
- Comprehensive Reporting: Generates reports for management, regulatory compliance, and client needs.
- Centralized Administration: Offers a comprehensive back-end interface for managing all aspects of the platform.
- Customer-Centric Interfaces: Provides a user-friendly interface for customer registration, account management, and payment initiation.
- Flexible Support Channels: Includes a customer support call centre interface, adaptable for in-house or outsourced operations, as well as a branch/agent interface for face-to-face interactions.
- Growth-Oriented Ecosystem: Supports an affiliate program to incentivize referrals and drive client acquisition.
- Enhanced User Experience: Offers an optional white-label mobile app for iOS and Android for enhanced customer convenience.
“Single View” Dynamic
Multi-Currency account
Trusek uniquely enables Dynamic Multi-Currency accounts, allowing customers to seamlessly make payments in multiple currencies without the needing to pre-fund each currency account individually in advance.
| £ | Currency accounts set up in real time |
| $ | Single account to hold multiple currencies |
| ¥ | Simple user-friendly interface |
| € | Supports Spot, Limit & Future trades |
| ₦ | All trades recorded in real time into customer’s accounts |
| ₹ | Double entry accounting throughout to aid auditing |
| ₩ | Automatic Future payments |
| ฿ | Option to attach to a Visa/MasterCard |
| ₺ | Customer can access their accounts through Web, Call Centre, and Branch facilities (where available). |
Risk, Compliance &AML
Trusek empowers you to navigate the complex regulatory landscape with robust Risk, Compliance, and AML capabilities. Our solutions seamlessly integrate with third-party services, enabling you to conduct thorough due diligence and ensure compliance with all relevant regulations.
- Set & Regulate Onboarding Rules for KYB/KYC/AML compliance policies for all Clients
- API Integration to 3rd Party KYB/ KYC/ AML / Sanction List Service Providers
- Set and regulate ongoing checking rules
- In-built transaction monitoring capability for countries, currencies, beneficiaries, transaction amounts, transaction volumes etc
- API Integration with 3rd Party Transaction Monitoring Providers
- Comprehensive Reporting
Loans, Overdrafts and Savings
Trusek‘s Ledger and Account Management modules provide comprehensive support for Loans, Overdrafts, and Savings, encompassing the following key features.
- Lending & Savings Capabilities: Robust functionalities for managing lending and savings products.
- Account Management: Comprehensive management of savings and loan accounts.
- API Integration to 3rd Party Savings and Loans Banking Partners
- Overdraft Management: Efficiently manage overdraft facilities for customers.
- Settlement & Reconciliation: Streamlined processes for settlements and reconciliations.
- Comprehensive Reporting: Generate insightful reports across all aspects of lending and savings operations.
- Interest Calculation: Accurately calculate interest daily, monthly, and annually.
- Product Information: Maintain detailed information about savings account products.
- Customer Application: Facilitate customer account application processes.
- Broker interface for applying and managing accounts, can be White Labelled
Additional Account Features
In addition to the multi-currency accounts the Trusek platform supports:
- Bulk upload and regular payments
- Loans, credit/debit cards, overdrafts and savings accounts
- Separate interfaces to support Call Centre, Agent and Admin functions
- e-invoice creation and management
- Affiliate programmes
API Connections Hub
The API Connections Hub expands the core service capability by supporting integration with third party Foreign Exchange, Payments, Risk, Compliance & Financial services providers.
- External integrations may include:
- KYC/sanctions checking
- AML transaction monitoring
- Banking and reconciliation
- National and International payments
- Currency exchange
- Visa/MasterCard transaction processing (issuing)
- Savings, Loans and Overdrafts
Learn Money
This app has been specificly designed to aid all age groups in the day to day task of managing money, this is a learning tool that has all the features you would expect to find with modern banking applications; including, sending & recieving payments, managing recipients and currency exchange.
Integration Partners
