Trapets
Swedish AML and market surveillance platform with customer data held in Swedish data centres
Quick Overview
| Company | Trapets AB |
|---|---|
| Category | AML and Transaction Monitoring Software |
| Headquarters | Stockholm, Sweden |
| Founded | Not stated |
| EU Presence | Yes - Sweden (EU) |
| Data Location | Swedish data centres |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | Not stated |
| Main Features | Transaction monitoring, KYC and due diligence, customer and company screening, market and trade surveillance, risk scoring, flexible rules |
| Pricing | Pricing on request |
| Best For | Nordic banks, credit institutions and trading venues |
| Replaces | SAS Anti-Money Laundering, NICE Actimize |
Detailed Review
Trapets sells four connected products: transaction monitoring, KYC and due diligence, screening against sanctions and PEP lists, and market surveillance for trading venues. The company says it has more than 25 years of experience.
Its registered entity is Trapets AB in Stockholm. The homepage states that all customer data is stored in Swedish data centres, and that the company holds ISO 27001 certification since 2018.
One Platform Across the Customer Lifecycle
Onboarding checks, screening and ongoing monitoring share one customer view, so a change in a risk factor updates the other parts. The homepage quotes a DNB Carnegie customer describing exactly that.
Market Surveillance Too
Few AML vendors also detect market abuse and insider trading. Trapets covers both, which suits investment companies and trading venues that otherwise buy two systems.
Regulatory Alignment
Trapets states its solutions are kept aligned with AMLR requirements and operate in line with GDPR, DORA, EBA and ESMA frameworks.
Limitations to Consider
Trapets is aimed at Nordic and wider European regulated firms, and the pages checked name banks, credit institutions, investment companies, insurers and trading venues rather than small fintechs. Prices are not published. It does not advertise a self-hosted option, and its list of integrations is not public. Teams wanting a sharing network between banks should look at Salv.
Who Should Use Trapets
Banks, credit institutions, insurers and trading venues in the Nordics and Europe that want AML and market surveillance from one vendor with Swedish data residency.
Pros and Cons
Pros
- Customer data in Swedish data centres
- Monitoring, KYC, screening and market surveillance together
- ISO 27001 certified since 2018
- Explicit AMLR and DORA alignment
- Single customer view across modules
Cons
- No public pricing
- Regulated-institution focus, less for small startups
- No self-hosting statement
- Integration list not public
Alternatives to Trapets
Other European aml and transaction monitoring software worth comparing before you decide:
Lucinity
Iceland · Case management and AI agent for financial crime investigations
Salv
Estonia · Fraud and AML software with a bank-to-bank sharing network
Napier AI
United Kingdom · Modular screening and transaction monitoring for AML teams
IMTF
Switzerland · Siron One suite for KYC, AML monitoring and screening
See all European aml and transaction monitoring software or compare them directly against SAS Anti-Money Laundering on our alternatives page.
Frequently Asked Questions
The homepage states that all customer data is stored in Swedish data centres.
Yes. It sells market and trade surveillance alongside transaction monitoring and KYC.
The site names banks, credit institutions, investment companies, insurers and trading venues. Smaller fintechs may find <a href="/tool/salv">Salv</a> or <a href="/tool/napier-ai">Napier AI</a> closer to their size.