T

TSS Consultancy

AI-powered AML SaaS for onboarding

Overview

TrackWizz provides cloud-based anti-money laundering (AML) and know-your-customer (KYC) compliance tools for financial services. The platform uses artificial intelligence to streamline digital onboarding and regulatory processes, including identifying and masking sensitive data such as Aadhaar numbers to meet privacy and regulatory requirements. The service is offered on a Software-as-a-Service (SaaS) basis, generating revenue through subscriptions and related services. TrackWizz differentiates itself by focusing on data privacy features (like masking sensitive identifiers) within AML workflows and by engaging with the industry through major events and partnerships, supported by investors such as WestBridge Capital. The company aims to reduce financial crime risk for banks, insurers, brokers, dealers, and exchanges by making onboarding, screening, and ongoing compliance more efficient and scalable.

Significant Headcount Growth

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About TSS Consultancy

Simplify's Rating
Why TSS Consultancy is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningFinancial Services

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Mumbai, India

Founded

2007

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Simplify's take

What believers are saying

  • Screenzaa added 33 screening sources across 19 jurisdictions on June 24, 2026.
  • TrackWizz launched Case Decision API, automating onboarding decisions with zero manual intervention.
  • NISM and TrackWizz formalized their RegTech Lab collaboration on October 27, 2026.

What critics are saying

  • TrackWizz faces global AML rivals like ComplyAdvantage and Refinitiv in enterprise screening deals.
  • SEBI and RBI rule changes in 2027 force expensive product rewrites and certifications.
  • A single RBI or SEBI enforcement failure destroys TrackWizz's compliance brand.

What makes TSS Consultancy unique

  • TrackWizz bundles AML, CKYC, onboarding, surveillance, and employee-trade tracking for BFSI clients.
  • WestBridge-backed TSS Consultancy spans banks, NBFCs, stock exchanges, brokers, and dealers.
  • OVSE registration and NISM's 2026 RegTech Lab collaboration signal regulatory credibility.

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Benefits

  • Professional Development Budget

Growth & Insights and Company News

6 month growth

13%

1 year growth

12%

2 year growth

12%
India Technology News
Oct 27th, 2026
NISM and TrackWizz Collaborate to Strengthen RegTech Education, PMLA Compliance and Market Surveillance.

NISM and TrackWizz Collaborate to Strengthen RegTech Education, PMLA Compliance and Market Surveillance. Quick Summary The collaboration will bring technology-enabled, simulation-based learning to students and capital market professionals, supporting capacity building for safer securities markets Mumbai, 27th October 2026: The National Institute of Securities Markets (NISM) and TrackWizz, the RegTech platform of TSS Consultancy Private... The collaboration will bring technology-enabled, simulation-based learning to students and capital market professionals, supporting capacity building for safer securities markets Mumbai, 27th October 2026: The National Institute of Securities Markets (NISM) and TrackWizz, the RegTech platform of TSS Consultancy Private Limited, have entered into a collaboration to strengthen technology-enabled education and capacity building in regulatory compliance, anti-money laundering (AML) and market surveillance through NISM's RegTech Lab. The initiative aims to bridge the gap between understanding regulatory requirements and applying them in practice. Through structured learning programmes, technology demonstrations and case-based simulations, students and capital market professionals will gain practical exposure to how technology can support the identification of suspicious transactions, financial malpractices and potential money-laundering activities. The RegTech Lab will facilitate experiential learning using case studies and simulated scenarios informed by domain expertise and capital-market compliance practices. Participants will explore key stages of the compliance process, including risk assessment, transaction monitoring, alert analysis, investigation and regulatory reporting. The initiative will support NISM's broader objectives of professional education, research, innovation and capacity building in the securities markets. TrackWizz will contribute its technology platform and subject-matter expertise in AML, CKYC compliance and market surveillance to support the Lab's learning objectives. The collaboration will provide an opportunity to connect regulatory concepts with practical applications of RegTech in the capital markets. TrackWizz by TSS supports a significant share of RegTech compliance requirements across the capital markets and their stakeholders, bringing substantial industry experience and technological expertise to this collaboration with NISM. Shri Shashi Krishnan, Director, NISM, said, "Our vision is to build capacity for our capital markets using new-age technologies and innovative learning models. The RegTech Lab seeks to bridge the gap between knowledge of regulatory requirements and their practical application, preparing professionals who understand both market conduct risks and the technologies that help identify and address them." Shri Sagar Chandrakant Tanna, Founder and CEO, TrackWizz - TSS Consultancy, said, "We are committed to combating financial crime and believe that domain expertise, combined with technology, is essential to strengthening the RegTech ecosystem. Our experience in surveillance technology will contribute to this initiative by helping learners understand how technology can support compliance and the detection of financial misconduct." The collaboration was formalised through an exchange of the agreement at the NISM-TrackWizz Collaboration Meet held at the TSS Consultancy office in Mumbai. The event was attended by Shri Shashi Krishnan, Director, NISM; Shri Chandrakant Tanna, Chairperson, TrackWizz - TSS Consultancy; Shri Sagar Tanna, CEO; Shri Malay Shah, CTO; Shri Amit Amlani, CFO; Shri Sanket Nagesh Ahire, Manager, NISM; and other stakeholders from both organisations. Itn. We Live in a T-Shaped World- Broad knowledge across ecosystems is essential, but it's the deep expertise of Subject Matter Experts (SMEs) that helps organizations leap forward. At IndiaTechnologyNews, we go beyond news, views, and analysis - we showcase SMEs, translating their insights for wider audiences. Write to: [email protected]

YourStory
Sep 11th, 2023
WestBridge Capital invests in TSS Consultancy at Rs 900 Cr valuation

The company will use the funds for research and development, particularly in artificial intelligence, and scale its SaaS offerings 'Screenzaa', including launching new products in financial crime niches.

Entrackr
Sep 11th, 2023
WestBridge invests in regulatory tech company TSS Trackwizz

WestBridge invests in regulatory tech company TSS Trackwizz.

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