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
The Core Ledger & Account Management Platform encompasses a suite of interconnected web-based user interfaces, providing a comprehensive financial service facility built upon a foundation of multi-currency accounts. This platform’s core functionalities include:
- 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. - Centralised 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 incentivise referrals and drive client acquisition. - Enhanced User Experience:
Offers an optional white-label mobile app for iOS and Android for enhanced customer convenience.
This solution offers unparalleled flexibility. You can customise it to your specific needs through both White Label web facilities and robust API integration options. Its scalable architecture ensures it can seamlessly accommodate your business growth and expansion into new markets and transaction volumes.
“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 specifically 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 & receiving payments, managing recipients and currency exchange.
Integration Partners
