Company Research Report: Tookitaki Holding Pte. Ltd.

Company Overview

• Name: Tookitaki Holding Pte. Ltd.

• Mission: Transform the landscape of financial crime detection and prevention for banks and fintech companies.

• Founded: 2015

• Founders:

• Abhishek Chatterjee (Founder & CEO): With prior experience at JPMorgan, Chatterjee holds multiple patents in machine learning techniques for fighting money laundering.

• Jeeta Bandopadhyay (Co-Founder & COO): Recognized as one of Southeast Asia’s top 50 rising women in tech and a proponent of diversity and inclusion within the tech sector.

• Key People:

• Abhishek Chatterjee (CEO)

• Jeeta Bandopadhyay (COO)

• Headquarters: No information is available

• Number of Employees: Over 120 globally.

• Revenue: No information is available

• Known For: Tookitaki is recognized as the world's best anti-financial crime platform for fintech firms, utilizing advanced AI and community-driven intelligence for comprehensive risk coverage.

Products

FinCense Anti-Financial Crime Platform

• Onboarding Suite

• Description: Enhances customer onboarding experience by real-time screening and risk scoring.

• Key Features: Real-time APIs, 90% detection accuracy, comprehensive risk review.

• Name Screening

• Description: Screens customer details against watchlists in real-time across multiple languages.

• Key Features: 90% accuracy in detection using 12 advanced matching techniques.

• Payments Screening

• Description: Ensures compliance by screening payments in real-time to prevent illicit transactions.

• Key Features: 90% false positive reduction, multilingual support.

• Transaction Monitoring

• Description: Provides 100% risk coverage by leveraging the AFC Ecosystem for real-time detection of suspicious activities.

• Key Features: Advanced machine learning models, seamless scalability handling over 200 TPS.

• Fraud Prevention

• Description: Protects against 50+ fraud scenarios with real-time accuracy.

• Key Features: 90% reduction in false positives, scalable infrastructure.

• Customer Risk Scoring

• Description: Delivers accurate customer risk profiles with multi-attribute data analysis.

• Key Features: Pre-configured rules, customizability for specific business needs.

• Smart Alert Management

• Description: Reduces false positive alerts using AI to prioritize material risks.

• Key Features: 90% reduction in unnecessary alerts through supervised and unsupervised learning.

• Case Manager

• Description: Streamlines investigation processes by centralizing alerts at a customer level.

• Key Features: Automated reporting, network visualization, workflow automation.

Recent Developments

• Strategic Investments: Received a $20+ million strategic investment from Thunes.

• Partnerships: Formed an alliance with ABCOMP to enhance the financial crime compliance framework in the Philippines.

• Technological Advancements: Introduced generative AI in financial crime compliance to improve detection and effectiveness.

• Recognition: Tookitaki has been listed in the Forbes 100 Asia List and recognized as a Technology Pioneer by the World Economic Forum.

• Expansion: Entered new markets in the Middle East and Africa, reinforcing its global footprint.

Conclusion

Tookitaki continues to lead innovation in the AML and financial crime compliance space through its pioneering technology and strategic partnerships. As a robust anti-financial crime platform, it integrates advanced AI and community intelligence to mitigate emerging threats effectively and efficiently.