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Description

Financial institutions today encounter significant obstacles due to terrorism and illicit transactions, which are exacerbated by the limitations and rigidity of outdated core banking software. The labor-intensive process of manually categorizing accounts based on varying risk levels complicates growth and makes it nearly impossible to adhere to the stringent demands set forth by regulatory authorities. Moreover, many current systems tend to be reactive rather than proactive, resulting in challenges when it comes to managing potentially dangerous scenarios. In response to these issues, Sydel Corporation’s CompliXpert provides financial institutions with an advanced anti-money laundering monitoring and compliance solution, enabling compliance officers and their teams to efficiently access comprehensive data on account and transaction risk through a proactive, alert-driven framework. This innovative system not only streamlines compliance efforts but also enhances the institution's ability to mitigate risks effectively.

Description

FXPLUS is a leading software solution that oversees every facet of the currency exchange business, encompassing front office operations, back office functions, management information systems, and adherence to Central Bank and Financial Intelligence Unit regulations. This comprehensive platform for Bureau de Change Automation is designed specifically for full-service money changers and authorized dealers. Delivered through both Software-as-a-Service (SaaS) and in-house options for larger enterprises, it streamlines the complete operations of a Bureau de Change, from Point-of-Sale transactions to thorough accounting and financial oversight. Additionally, the system is equipped to meet national and international standards for Anti-Money Laundering compliance, ensuring that it fulfills the operational and reporting requirements set forth by central banks, such as the Reserve Bank of India. At FXPLUS, we collaborate closely with our clients to deliver tailored IT solutions and services that cater specifically to the needs of the Retail Forex and International Money Transfer sector, ultimately enhancing their operational efficiency and compliance capabilities. Our commitment to innovation and client satisfaction drives us to continuously improve our offerings.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$9000.00/one-time/user
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Sydel Corporation

Founded

1998

Country

United States

Website

sydel.com/financial-solutions/complixpert/

Vendor Details

Company Name

Minerva Technology Solutions

Founded

1995

Country

India

Website

fxplus.in/

Product Features

Banking

ATM Management No 
Compliance Tracking Yes 
Corporate Banking Yes 
Credit Card Management No 
Credit Union Yes 
Investment Banking No 
Multi-Branch No 
Online Banking No 
Private Banking No 
Retail Banking No 
Risk Management No 
Securities Management No 
Transaction Monitoring Yes 

Compliance

Archiving & Retention Yes 
Artificial Intelligence (AI) No 
Audit Management Yes 
Compliance Tracking No 
Controls Testing No 
Environmental Compliance No 
FDA Compliance No 
HIPAA Compliance No 
ISO Compliance No 
Incident Management No 
OSHA Compliance No 
Risk Management Yes 
Sarbanes-Oxley Compliance Yes 
Surveys & Feedback No 
Version Control No 
Workflow / Process Automation No 

Product Features

Currency Exchange

Analytical Reporting Yes 
Client Management Yes 
Custom Account Statements Yes 
Data Backup Scheduling Yes 
For Money Exchanges No 
Margin Management Yes 
Market Data Access No 
Position Management No 
Real Time Currency Quotes No 
Real Time Tracking No 
Transaction Management No 

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