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 off-chain transaction data to help piece together the full picture.
Automate Your Data Gathering
Make use of ChainComply's automated data gathering process to gain access to consistent and complete data. Quickly identify any compliance risks with our advanced 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 unique solution
Easily comply with 16/01 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.
ChainComply + Forensic Tools | Blockchain Forensic Tools Only | |
|---|---|---|
Transaction Dataset | Off-chain and on-chain - includes crypto exchange account data | On-chain only |
Depth of Insight | Holistic, high-level overview | In-depth, end-to-end blockchain intelligence |
On-Chain Risk Assessment Capabilities | None, integrates with established blockchain forensics tools | Proprietary |
Ability to Integrate Other Forensic Tools | Yes, two or more | Manual |
Target Audience | Client-facing teams, 1st LOD AML teams | Deep on-chain FinCrime investigators, law enforcement, FIUs |
Process | Enhanced due-diligence | Live on-chain transaction monitoring, on-chain only enhanced DD |
Value Proposition | Efficient triage and rapid risk assessment, AML team efficiency gains | Blockchain intelligence combating crypto crime |
Exchange Data Collection | Digitalised and outsourced to your end-clients, inlcuding automated hidden story discovery | N/A |
Exchange Data Quality | From primary source, cannot be tampered with | Subject to manipulation |
Data Augmentation | Automated for on-chain and off-chain transaction data, reuses blockchain forensics information | Manual |
Reporting Format | Standardised, consistent to fit into regulatory requirements, yet parametrisable | Inconsistent, partial and focused on details |
Reporting Efficiency | One-click | Manual, therefore very time consuming |