There are a whole lot of solutions that are available in the market but only a few can be experienced in compliance and operations. To resolve this, TSS Consultancy Pvt Ltd is committed to focus on making new enhancements with different solution for the compliances. It offers quality compliance solutions that are extremely efficient and available at a desirable cost.
Over a decade, TSS Consultancy is one of the fastest growing technology solutions providers in the financial industry. It is targeting on building innovative products for financial institutions with the help of its compliance and operations. The company is growing consistently from its inception by serving more than 150 institutions across BFSI with its TrackWizz. A product suite launched by TSS Consultancy has different modules and is used for compliance and operations. Apart from this, it has secured the second position continuously in a row from Crisil for its MSME Ratings. The company’s vision is to become a trusted partner for the progressive institutions by not only with its compliance and operations but also with the support of its 140 professional experts.
The Magnificent Duo’s
Sagar Tanna and Sameer Tanna are the Founders of TSS Consultancy Pvt Ltd. Sagar completed his graduation in Bachelor of Information Technology from Atharva College of Engineering, while Sameer did his graduation in Bachelor of Computer Science from Cornell University.
Since the Tanna brothers belong from an engineering background, they gained their financial service experiences from their own family business of equity broking and external organization through which the brothers established TSS Consultancy. They started by introducing Anti Money Laundering compliance in 2008 which was very new and capital markets were required to comply with the norms during that time. Later on, the brothers seized the opportunity of AML solution by serving over 150 institutions across the BFSI sector.
A Unique Product Suite
TrackWizz is a product suite which offers several modules of compliance and operations. It is self-enhancing while keeping pace with the changing landscape. These includes customer life cycle, anti-money laundering solution, insider trading & research analyst regulations, process & document management, franchisee / channel Partner and spend management.
The company commits to deliver its services for free with a new version for every quarter of the year. This is allowing the organization to focus on the growing business while it protects the risk arising out of the non-compliance. Presently, this compliance and operations suite is available at a subscription fee / pay per use model. In addition, TrackWizz CKYC solution is helping most of the top five banking sector to submit and exchange information with central KYC registry. This single product is contributing a major share in uploading the records to the central KYC registry space.
Tailored- Customer Services
TSS Consultancy is also driving its culture in every possible way in order to help its customers to meet their needs. Some of the excellent initiatives of the company, firstly appointing a FATCA CRS Consultant to help its customers who have subscribed to its software, plus gets free consultation about FATCA CRS compliances and opinion in black and white. It has tied up with Thomson Reuters; a world check for data feeds which helps the company to screen its customers through largest repository of global data feeds.
Being a software service model provider, the company enriches in keeping pace with the changing time and requirements. This model can be afforded by every institution, be it big or small, as the software comes at per transaction cost or pay per use. The company delivers free services regarding new changes as per the request from its customers and in a time bound manner. Free tax consultant advisory is helping the customers to get black and white opinions from experts at no additional cost. Even the company arranges knowledge webinars taken by industry leaders for its customers.
Apart from this, it is one of the leaders in capital markets having more than 90 percent market share among institutions using an AML Product. Currently, it is serving more than 100 institutions. It has also earned a reputation of reliable partner with a robust offering and significant contribution to a majority of bank brokerages & commodity stock exchanges.
Future Endeavors
TSS Consultancy always believes that a strong foundation product can help a company to serve its customers in a long way. So, it has built TrackWizz to perform as one of the best compliance and operations suite in the world. While talking about the future, Tanna brothers said “We see ourselves as a premier technology partner trusted by the most progressive and credible institutions for their compliance and operation’s needs.”
Source :-The 10 Most Prominent BFSI Solution Providers In 2018