Out-of-the-box AML&KYC solution for a blockchain business that wants to be certain of every transaction

The smoothest and quickest way to onboard your clients in compliance with the regulatory requirements

The system is designed to collect necessary company and shareholders data for verification:

Customizable forms and questionnaires
Online client identification

Onboarding... Onboarded

Company

Onboarding Initiated
Identity verified
AML approval
Ready to trade

Collected information builds the ground for the KYB risk-matrix to evaluate transactions

Be sure that your clients comply with your AML / KYB policy on a daily basis

Our system thoroughly monitors all shareholders and key personnel of your client and detects if they are in:

In a global sanctions list
In a politically exposed persons (PEP) list
In another custom watch-lists
You will be notified immediately if client status changes

KYC re-check... Daily re-check completed

Director

PEP check OK

Sanctions OK

Residence OK

KYC re-check... Daily re-check completed

Director

PEP check OK
Sanctions OK
Residence OK

Increase your cryptocurrency and fiat transaction volumes without a headache related to KYT

When there are a couple of transactions or thousands of them, they are checked in real-time by the multi-factor risk matrix to produce the final risk-score

Daily/monthly limit per client
Payment country risk for fiat and crypto transactions
Suspicious patterns matching
Blockchain transaction score and implied risk-factors
Company-related custom risks

08-26 03:55:26	Txid: 0egxc5459s0egxc5459s0egxc5459s0egx...	1,000.001,000 ETH	Risk Transaction is classified as high-risk due to the fact that 40% of the funds came from the dark web and 60% came from hacking
08-26 03:55:26	Txid: d3ig4v9597930cjgklc60340fkkvkbkdd3ig...	100.00100.00 BNB
08-26 03:55:26	Txid: 99910004055419991...	200,000.00200,000 EUR
08-26 03:55:26	Txid: elfl50420709vkdclhle59207044793xcelfl...	55 BTC

Supported blockchains:

Bitcoin

Etherium

Litecoin

Tron

Bitcoin Cash

XRP

BSC (BEP20)

Dash

Tezos

Coming soon:

Polygon

Dogecoin

Cardano

BNB (BEP2)

Instant exchange in the EU

High volumes
EU regulation

Pain

Solution

You are required to have extended onboarding procedure, and you are drowning in emails requesting missing information

Since there are too many scoring rules and thousands of transactions per day, it is impossible to manually identify every red flag

On a daily basis you need to follow AML procedures and check directors of the companies for sanctions, check them in PEP lists and other registries

Receive alerts on any change in status of shareholders of yor counterparties

Since there are too many scoring rules and thousands of transactions per day, it is impossible to manually identify every red flag

Implemented Know-Your-Transactions procedure on blockchain and wire transfers means that all your transactions with your clients receive standard or high-risk score calculated on multiple factor risk model

Use case 1: Instant exchange in the EU

High volumes
EU regulation

Pain

You are required to have extended onboarding procedure, and you are drowning in emails requesting missing information

Solution

Since there are too many scoring rules and thousands of transactions per day, it is impossible to manually identify every red flag

Pain

On a daily basis you need to follow AML procedures and check directors of the companies for sanctions, check them in PEP lists and other registries

Solution

Receive alerts on any change in status of shareholders of yo counterparties

Pain

Since there are too many scoring rules and thousands of transactions per day, it is impossible to manually identify every red flag

Solution

Crypto broker in Switzerland, VASP

Regular high-volume transactions in crypto and fiat currencies.
Operating under Swiss regulation (AMLA)

Pain

Solution

You want to have a structured paperless onboarding procedure, with direct data sourcing for further client risk scoring.

The first component of FinchGuard allows you to conduct robust onboarding by collecting necessary company and UBO data as well as documents in a single window. The process supports various identification methods including SMS and video-ident

‘Travel rule’ compliance (FINMA requirements)

FinchGuard allows you to meet the requirement by performing automatic Satoshi-test (address ownership), incoming transfer address reconciliation, address whitelisting procedure. FinchGuard has integrations with several banks, cryptocurrency exchanges, OTC liquidity providers and digital asset custodians for automatic reconciliation

“Know your transactions” monitoring with multi-factor risk model on digital assets and fiat channels (in accordance with your AML policy)

FinchGuard offers risk monitoring engine for various factors like Daily Limits, 30-days Turnover Limits, Domicile risk and Payment country risk, Pattern matching, along with Crypto-transaction Risk score. KYT works in an automatic way, which suits any business with a large amount of daily transactions

VQF form and MROS reporting automation

Working with KYT module, an AML officer seamlessly switches between high-risk transaction list and their VQF forms, adding required data, commenting and exporting archives with all documents

Storing data in Switzerland

FinchGuard utilises AWS in Swiss region, so all the data is protected, backed up and stored in Switzerland

Use case 2: Crypto broker in Switzerland, VASP

Regular high-volume transactions in crypto and fiat currencies.
Operating under Swiss regulation (AMLA)

Pain

You want to have a structured paperless onboarding procedure, with direct data sourcing for further client risk scoring

Solution

Pain

‘Travel rule’ compliance (FINMA requirements)

Solution

Pain

“Know your transactions” monitoring with multi-factor risk model on digital assets and fiat channels (in accordance with your AML policy)

Solution

Pain

VQF form and MROS reporting automation

Solution

Working with KYT module, an AML officer seamlessly switches between high-risk transaction list and their VQF forms, adding required data, commenting and exporting archives with all documents

Pain

Storing data in Switzerland

Solution

FinchGuard utilises AWS in Swiss region, so all the data is protected, backed up and stored in Switzerland

1.AML / KYB-onboarding 2.AML / KYB monitoring 3.KYT-blockchain monitoring

Use cases Instant exchange in EU Crypto broker in Switzerland

Technology Media Partners News

Out-of-the-box AML&KYC solution for a blockchain business that wants to be certain of every transaction

Our partners

Banking partner

Leading blockchain ecosystem in Switzerland

AML/KYC compliance

Crypto custody

Cloud services provider

News

All news in our Medium blog

Dec 23

Merry Christmas and Happy New Year!

We would love to thank all of our clients and partners for being with us and helping us to grow and become better and stronger every day of the year. We must stick together to go through another rough patch. The FTX collapse shows us who is reliable enough and recalls that safety is always on the first place.

Dec 15

What blockchain company needs to be AML compliant?

Now there is no doubt that the crypto industry has fully realized the importance of building credibility, transparency, authority and trust. Decentralized nature of digital assets seems to be a favorable condition for criminals and requires increased compliance, which has prompted many regulatory bodies and policymakers to develop and implement regulations to prevent cryptocurrencies from being used for illicit financing activities.

Dec 13

FinchTrade joins Multichain Asset Managers Association

FinchTrade is pleased to announce that we have joined the Multichain Asset Managers Association (MAMA). We are happy to become a part of MAMA and appreciate the opportunity to influence the development of on-chain asset management.

Out-of-the-box AML&KYC solution for a blockchain business that wants to be certain of every transaction

The smoothest and quickest way to onboard your clients in compliance with the regulatory requirements

Be sure that your clients comply with your AML / KYB policy on a daily basis

Increase your cryptocurrency and fiat transaction volumes without a headache related to KYT

Instant exchange in the EU

Pain

Solution

Use case 1: Instant exchange in the EU

Pain

Solution

Pain

Solution

Pain

Solution

Crypto broker in Switzerland, VASP

Pain

Solution

Use case 2: Crypto broker in Switzerland, VASP

Pain

Solution

Pain

Solution

Pain

Solution

Pain

Solution

Pain

Solution

Out-of-the-box AML&KYC solution for a blockchain business that wants to be certain of every transaction

We offer Institutional grade technology

Secure

We like to be dull and pedantic when the security is on stake

Reliable

Manageable

In the media

Our partners

Our partners

News

Merry Christmas and Happy New Year!

What blockchain company needs to be AML compliant?

FinchTrade joins Multichain Asset Managers Association

Contact us

Contact us

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