What is ChainComply?
ChainComply is all about helping financial professionals understand their crypto-holding clients… fast. It’s designed to keep organizations compliant with MiCA’s AML regulations while streamlining those often complex Source of Wealth (SoW) investigations. In a world where crypto transactions can feel like a maze, ChainComply offers a clear path forward, transforming the AML process into something more manageable and efficient.
Main Benefits of ChainComply
Here’s what ChainComply brings to the table:
- Mitigates fines and reputational risk by preventing financial crime and shielding organizations from negative publicity and legal troubles.
- Helps gain recognition from regulators by demonstrating a strong commitment to the latest AML requirements.
- Supports retention and expansion of crypto clientele, allowing firms to confidently serve existing customers and welcome new ones without compromising compliance.
- Saves time and reduces AML costs by enhancing the efficiency of first line of defense (1st LOD) teams, freeing up experts’ valuable time.
A Trust Layer for Seamless Crypto Wealth Movement
Crypto isn’t just traditional finance with a twist — it’s a whole different ballgame. The pseudonymous nature of cryptocurrency and its focus on transactions rather than individual identities means compliance needs a fresh approach. ChainComply’s Know Your Transaction (KYT) method is built for this exact challenge. It offers quick triage and decision-making tools that cover everything from Source of Wealth/Funds (both crypto and fiat) to hidden wallet and exchange detection. Plus, it clarifies the nature of business activities, simplifies fund flow visualization, and detects tax fraud and illicit activities. All that, alongside client counterparty analysis and standardized documentation, makes compliance smoother and smarter.
Security You Can Trust
Security isn’t just a buzzword here — it’s a cornerstone. ChainComply is officially ISO/IEC 27001 certified, which is the global gold standard for information security. This certification isn’t just a badge; it’s a promise to protect sensitive data, meet the highest compliance standards, and give financial institutions the confidence they need in a secure compliance automation partner. When security matters, ChainComply delivers.
Who Uses ChainComply?
The solution is tailored for a wide range of financial services professionals. Whether it’s banking institution AML teams, VASP AML teams, crypto tax accountants, or wealth and relationship managers, ChainComply fits right in. It’s built to help these experts meet the new regulatory standards emerging in the fast-evolving blockchain landscape. From counterparty analysis and capital gain calculations to using top blockchain forensic tools, source of funds verification, one-click reporting, and ensuring data completeness — ChainComply covers it all.
ChainComply’s Impact on Sustainable Development Goals (SDGs)
- SDG 8: Decent Work and Economic Growth — by promoting transparent and compliant financial practices in the crypto space.
- SDG 9: Industry, Innovation, and Infrastructure — through the use of cutting-edge blockchain forensic tools and automation.
- SDG 16: Peace, Justice, and Strong Institutions — by helping prevent financial crime and supporting regulatory adherence.
Ready to Simplify Compliance?
Compliance doesn’t have to be a headache. ChainComply streamlines workflows, cuts down on manual effort, and ensures full regulatory adherence — all with a modern, user-friendly approach. It’s about making compliance less complex and more effective, so organizations can focus on what really matters: serving their clients and growing their business in the crypto world.
