FINTRAC
READINESS MADE EASY

Iluminai automates the most time-consuming and confusing aspects of FINTRAC compliance, reducing the pain of audits and the likelihood of fines.

REQUEST CONSULT
Person not understanding FINTRAC requirements

ARE YOU READY FORA FINTRAC AUDIT?

Are you constantly monitoring your clients?
Are you risk scoring each relationship? Each transaction?
Are you keeping an audit trail?
Are you doing all the above day in and day out?

If not, your brokerage could face FINTRAC fines of up to $250,000. With FINTRAC audits expected every two years, it’s only a matter of time until an auditor expects a YES to each of the above questions.

ILUMINAI: A better way to be
FINTRAC ready

NEXT-GEN KYC DESIGNED TO FIT YOUR BUDGET

Designed for Canadian real estate brokerages, Iluminai is built to streamline the hardest, most time-consuming aspects of FINTRAC compliance. Iluminai gives you a better understanding of the risk facing your brokerage; helps you identify which agents aren’t following the rules; frees up your support staff for more valuable tasks; ensures you’re more prepared for that inevitable FINTRAC audit; and – ultimately – reduces the risk of getting fined.

KEY
BENEFITS

AUDIT LOG

View an automated activity log for every client that you can then chose to share with a FINTRAC auditor.

CONTINUOUS MONITORING

Buyer and seller profiles are continually evaluated against Sanctions lists, PEPs, national & international enforcement bodies.

VISUALIZE RISK

Summarize your overall risk and understand the risk that each agent is bringing to your business.

RISK SCORING

After setting your brokerage’s risk tolerance, buyers and sellers are evaluated every night and assigned a risk score.

EASILY IMPORT DATA

With a few simple clicks, import data from LoneWolf CRM into the Iluminai platform.

RISK ALERTS

Sleep well knowing Iluminai will automatically notify you about any changes in risk.

FREE UP STAFF

Early results suggest Iluminai saves 2 to 5 hours per week in compliance-related administration.

1/10th THE COST

At approximately 1/10th the cost of a full-time compliance hire, Iluminai is priced to fit the budget of small businesses.

THE
SOLUTION

The Iluminai dashboard summarizes the FINTRAC risk facing your business.
You can then drill down, make an informed decision and then take action
before trouble boils over.

ILUMINAI
VS.

NO PLAN

With brokerages getting fined by FINTRAC at an increasing rate and audits expected every 2 years, brokerages without an effective compliance plan are one bad client away from serious consequences.

STATIC FORMS

Unlike form-based solutions that only provide templates or check static lists, Iluminai gives you continuous, data-driven insight about your brokerage’s clients.

COMPLIANCE HIRE

Unlike a full-time compliance hire, Iluminai uses AI, dynamic data sets and human-augmented intelligence to streamline your compliance obligations at 1/10th the cost.

TAKE ONE SMALL STEPTOWARDS FINTRAC READINESS

Contact us to discuss your FINTRAC requirements

Get PREPARED NOW