Thomson Reuters Launches AML Solution

Trac traces trade-based money laundering in compliance with the Monetary Authority of Singapore and Hong Kong Monetary Authority’s guidelines


According to Thomson Reuters, Trac is an end-to-end solution, which combats risks at all stages of the trade, from pre-trade to post-trade.

Trac screens vessels and third parties, tracks shipments, provides regulatory reporting and monitors transactions.

Thomson Reuters says in a statement that the solution utilizes a powerful and highly customizable workflow for users and incorporates Thomson Reuters World-Check for compliance screening, Eikon for price validation and shipment tracking, and One

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