Our Solution to Your Challenge
EBA’s AML guidance (Chapter 21) requires VASPs to conduct full Source of Funds (SOF) and Source of Wealth (SOW) checks in certain cases.
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ChainComply automates these pain points so you can prepare to scale.
Piece Together
the Full Picture
ChainComply has a standardized data aggregation workflow of on-chain and
on-exchange transaction data to help piece together the full picture.
Automate Your SoW reviews
Quickly identify the source of clients’ funds—including investment gains—and triage suspicious-activity alerts with explainable analytics.
Use Top Blockchain
Forensics Tools
Work with risk scores from your preferred blockchain forensics tools, integrated by us. Streamline decision-making into minutes.
One-Click Regulatory Report
ChainComply gives you everything you need for fast and accurate compliance decisions. Generate a compliance report with a single click.
Compliance Teams Benefits
Explore some of the benefits of using ChainComply's SoW solution
Easily comply with 16/01/24 EBA guidance update and avoid fines
Make onboarding and EDD faster and lovable for your clients
Save money and time with automation, prepare to scale
Eliminate bottlenecks and unlock previously restricted client base
How is ChainComply Different from Blockchain Forensic Tools?
We combine on-chain data and exchange transaction history for a comprehensive view of clients' wealth creation.
Dimention | ChainComply | Blockchain Forensic Tools (like Chainalysis) |
|---|---|---|
Transaction dataset | On-exchange (API and CSV) & on-chain | On-chain only |
Process | Enhanced due-diligence | Live on-chain transaction monitoring, on-chain only enhanced DD |
Value proposition | Triage and rapid risk assessment. AML team efficiency gains on crypto-related cases | Blockchain intelligence and transaction monitoring for combating crypto crime |
Target audience
| Traditional banks and crypto exchanges' 1st LOD AML teams | Crypto exchanges' AML teams, law enforcement, and FIUs |
Current wealth assessment | Holistic (on-exchange and on-chain), incl. amounts locked in DeFi | On-chain only, no DeFi |
Investment gains and profit assessment | Capital gains and profit in time: per wallet, exchange and asset | N/A |
Depth of Insight | Holistic Source of Wealth | In-depth, end-to-end blockchain intelligence |
On-chain risk assessment capabilities | None. Integrates with established blockchain forensics tools (like Chainalysis) | Proprietary |