Identity Verification Experts Launch New Service
Tracesmart launch new anti-money laundering facility
View as PDF
 Print View
April 8, 2009 (FPRC) -- Cardiff based suppliers of data cleansing and people tracing, Tracesmart, have launched a new online service to combat money laundering.
Tracesmart are renowned for their tracing expertise as they currently help reunite unclaimed assets with their rightful owners and offer a variety of pension tracing services. However the company also offers a host of other provisions via its Tracesmart Corporate division, not least of which is their electronic identity verification facility, ID. Identity checks are an essential part of current anti-money laundering (AML) legislation and as such, ID is currently used by a vast range of businesses as part of their AML measures.
Previously, Tracesmart customers using ID, needed to select multiple tabs and verification criteria to conduct an identity check as part of AML procedures. This is no longer the case, as Paul Weathersby, Technical Director for Tracesmart explained, "It was noticed by our technical team that to conduct a thorough AML search using ID meant that multiple search tabs had to be utilised and what Tracesmart's customers really needed was the means by which multiple tabs could quickly be searched simultaneously. As such, we have developed AML – allowing users to swiftly and confidently verify client identity. We have also created an improved interface to make this an easy and straight forward task."
Money laundering is considered to have a massive negative financial impact upon the UK economy and the addition of Tracesmart's new AML service is another means of combating the problem, fighting those who use the money to fund criminal activities.
Speaking about the new service, Mike Trezise, Managing Director for Tracesmart, added, "Our new AML service is further proof of our commitment as a company to product development, improved customer service and most importantly, confirmation of our responsibilities as a data company that we continue to fight any form of identity related crime. We strive to improve our services so that we can protect our customers, and in turn, their customers, from the negative impact of identity fraud."
Notes to Editors: Tracesmart Ltd was formed in 1999 and supplies a diverse range of consumer data cleansing, identity check and tracing tools to a wide variety of industries. Their client base ranges from SME to blue chip companies; allrecipients of bespoke solutions, built around their specific needs.
Paul Weathersby - Tracesmart's Technical Director, Weathersby is the driving force behind the development and production of Tracesmart's suite of web-based services, and manages and directs their experienced IT team.
Mike Trezise is the founder and Managing Director of Tracesmart. With over 25 years tracing and fraud analysis experience, his unrivalled knowledge provides the company with a distinct competitive advantage.
Contact: Adam Smith – Marketing Manager Tracesmart Ltd
2 Sovereign Quay
Havannah Street
Cardiff
CF10 5SF
Tel: 029 2047 4120
Mobile: 07976 637 091
Email: adam.smith@tracesmart.co.uk
Images available on request.
Send an email to Matthew Hopkins of Tracesmart Corporate
02920 474159
Keywords:
data cleansing, Anti Money Laundering , Identity Checks
Recent Press Releases By The Same User Online People Search Company Sending Out the Right Message (Thu 7th May 09)
Tracesmart Sponsors Adoption Agency (Thu 9th Apr 09) J2 Solutions Sign With Tracesmart (Fri 6th Mar 09) Tracesmart Sponsors Adoption Agency (Mon 2nd Mar 09) Tracesmart Sign the Personal Information Promise (Mon 23rd Feb 09) |
