Cryptocurrency Risk and Fraud Controls for Financial Institutions
CipherTrace Armada helps banks, payment providers, and regulators uncover virtual currency-related transactions for use in risk and fraud models by mapping legal names and account numbers to VASPs. Armada’s VASP Risk Monitor allows users to view, filter, sort, and drill down on VASP risk- and fraud-related data points, such as asset profiles, domiciled location, and transactional risk profiling.
Financial Investigations and Blockchain Forensics
CipherTrace’s enormous repository of attribution data ties crypto-addresses to real-world organizations, sanctioned entities, IP addresses, and events. Complete transactional histories and a graphical explorer make it easy to “follow the money,” and integrated case management capabilities power collaborative investigation.
Cryptocurrency Anti-Money Laundering Transaction Monitoring
Sentry allows your internal business systems to take advantage of CipherTrace data for real-time “know your transaction” monitoring. CipherTrace Sentry exposes relevant data from CipherTrace’s enormous attribution data lake, which ties crypto-addresses to real-world organizations, sanctioned entities, IP addresses, and events. CipherTrace Sentry also assigns risk levels to millions of crypto addresses based on their direct and indirect interactions with suspicious addresses and wallets.
Travel Rule Compliance for Virtual Asset Service Providers
CipherTrace Traveler helps financial organizations and cryptocurrency exchanges comply with global “Travel Rule” regulations and Financial Action Task Force (FATF) recommendations. It is easy to implement and compatible with international messaging standards, including IVMS. Traveler is the most secure, reliable way to exchange required Travel Rule originator/beneficiary information, even with VASPs that do not currently have a travel rule solution.