Financial institutions need to know they will meet evolving regulatory compliance requirements when accepting Bitcoin and other digital currencies. ChainWatch is an AML (anti-money laundering) tool built for broker-dealers. It powerfully leverages vast global information on the Blockchain, combined with client risk information within the broker-dealer trading community. Traders, administrators and compliance professionals can conveniently access right from the Blockstation trading platform.
Identify and rapidly react to suspicious behaviors or bad actors
Access unique broker-dealer network generated risk information
Find suspicious transactions or wallets through risk assessments identifying specific levels of risk
Visually and graphically identify and trace the flow of wallets and transactions
Demonstrate a robust compliance regime for digital currencies to regulators
Meet AML counterparty due diligence, Monitor and flag illicit transactions or persons
Provide a clearly identifiable, end-to-end audit trail of transactions
Seamlessly trace transactions and isolate specific nodes
Manipulate nodes backwards thousands of levels to access and flag issues
Save data, build and manage cases and reporting to government bodies
ChainWatch is used for onboarding new clients and ongoing monitoring to meet local regulatory and compliance requirements. It offers risk scoring, analysis, monitoring and reporting functions to comply with money laundering and terrorist financing laws.
EASY ACCESS
right from your Blockstation trading platform portal or API
easy-to-use interface
Investigate wallet addresses with easy-to-use interface and powerful data filters
Graphical Reporting
Includes number of transactions, nodes, knowns and unknowns, institution identification and flagged connections
Risk scoring
Metrics to assess suspicious wallets or transactions
Rich graphical visualizations
Easily understand node connections and transaction flows
Transaction tracing
Tracing back through thousands of connections
Flagged reports
Detail reports right from your Blockstation trading platform or API
Government Reporting
Easy to compile wallet/funding information for SAR or STR reports
Credible data sources
That can be reported to and used by regulators
Real Trading community data
Real client wallet and transaction information from broker-dealer network constantly being updated
Submit flag data
Add suspicious transaction and wallet data to the database to benefit your broker-dealer peers
Reduced false positives
Real client information from broker-dealer networks helps improve accuracy