AML transaction monitoring for credit unions.
Your goal is to turn customer transactions into financial information, and information into AML insights. Coretrack AML monitoring gives you the power of fraud insight at scale.
CU all-in-one AML monitoring platform
Instant oversight and compliance for your credit unions’ AML (Anti-Money Laundering) transaction monitoring, specifically tailored to meet the needs of Ireland’s credit unions.
Secure Data Uploads
Upload your transaction data to Coretrack for instant analysis, extracting flagged transactions for review based on set criteria.
Transaction Reviews
Clients can review flagged transactions, document decisions, and view all transactions meeting your credit union’s monitoring criteria
Advanced Data Filters
Offers powerful data filtering to analyze transactions in detail, identify trends or anomalies, and export results for AML compliance.
Custom Report Timing
Monitor transactions as often as daily, weekly, or monthly, with a set monthly cut-off to ensure timely, accurate reporting.
Enhanced Reporting
Generate Board Reports after each monitoring period, providing all key information for compliance and governance.
Bespoke Packages
We offer custom monitoring criteria, including transaction types, thresholds, and cumulative transactions, ensuring a flexible, risk-based AML approach.
Strategic partnership with Wellington and Progress to enhance Coretrack, integrating bespoke reports and aiming for seamless api transaction monitoring integration.
Secure data movement by design
Historic transactions can be stored in Coretrack for up to 5 years (in line with the Criminal Justice Act) or less depending on your requirements. No personally identifiable information is collected, ensuring data minimisation.
- Regular staff training & confidentiality bound
- Data Protection Impact Assessment (DPIA)
- Multi Factor Authentication
- Uploaded data files automatically deleted
- Regular Penetration Testing
ISO 27001 Hosting
Core Track is hosted in an ISO 27001 certified, EU owned data centre in Germany.
PII Compliant
No personally identifiable data is collected or stored at any time on the platform.
256 bit Encryption
All data is encrypted in transit and at rest using the industry standard for data encryption.
Irish Owned
Our software development team is staffed and located locally in Ireland.
Your partner in AML compliance
Coretrack is a dedicated division of O’Dwyer Power, chartered certified accountants. We are focused exclusively on meeting the compliance needs of Ireland’s credit unions. Leveraging our expertise in AML compliance and data protection, Coretrack offers advanced transaction monitoring solutions tailored to the unique regulatory demands of credit unions.
We provide powerful tools for managing compliance, risk, and reporting, enabling credit unions to streamline operations while maintaining adherence to the Criminal Justice Act and other critical regulations.
Our commitment to innovation and expert advice helps credit unions ensure robust oversight and effective AML practices, all while supporting their continued growth.