Our SaaS platform helps bank AML and onboarding teams collect the right data, reconstruct the client's wealth story, assess risk, and produce an audit-ready Source-of-Wealth file.
of banks do not interact with blockchain, yet they are indirectly exposed to AML risk.
Blockchain
₿Crypto Exchange
€Bank
Why do banks struggle with crypto Source of Wealth today?
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Crypto-origin wealth is risky, and for larger amounts a Source-of-Wealth review is required.
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A fiat off-ramp transaction shows Source of Funds (from a CEX), not Source of Wealth.
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Source-of-Wealth data is distributed across many exchanges and wallets.
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First-line teams reject or escalate cases too early.
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Second-line teams' blockchain analysis tools cannot produce a defensible conclusion.
Where do banks use ChainComply?
Off-ramp review
A client moves a considerable amount from a crypto exchange as a down payment for a mortgage.
High-net-worth onboarding
High-value clients present wealth with a crypto origin as they rebalance their portfolios. The AML team needs a credible Source-of-Wealth view: exchange history first, wallet activity where relevant.
What changes with ChainComply?
Mitigate fines and reputational risk
Take one step further to prevent money laundering, and shield your organisation from negative publicity and fines.
Retain and expand your crypto clientele
Confidently serve existing customers and welcome new crypto-holding customers without compromising on compliance standards.
Follow a structured workflow and escalate less
Save days of manual work by digitalising the process. Only truly difficult cases are escalated.
Deter bad actors
Repel fraudsters and money launderers by taking extra steps on risky and complex transactions.
Ready to update your crypto EDD?
Turn slow, manual crypto reviews into a faster, more consistent workflow.
