Protect the integrity of your digital asset transactions with trusted tools we are building for the borderless economy
One of the main issue in fighting financial crime is that traditional and crypto financial institutions manage their own Anti Money Laundering (AML) processes independently. These same institutions continue to invest enormous resources in internal systems to fight financial crime and fulfill regulatory requirements. Yet, financial crime occurs across institutions and jurisdictions in both crypto- and fiat worlds. The result is an industry on the verge of a revolution that still relies on regulatory processes of the last century.
Furthermore, governments are starting to tighten regulatory requirements for Crypto related transactions. Companies that transfer BTC or other crypto-assets must collect details of senders and recipients to help authorities crack down on dirty money, EU policymakers proposed recently in the latest efforts to tighten regulation of the sector. The law, which is one of the recommendations of the inter-governmental watchdog, the Financial Action Task Force (FATF), already applies to wire transfers. Providing anonymous crypto-asset wallets are supposed to be prohibited, just as anonymous bank accounts are already banned under EU anti-money laundering rules.
SyntiFi is here to close the gap and offers next generation risk intelligence, privacy enabled collaborative data analysis, visualization and actionable agent-centric intelligence to unlock compliance relevant insights about digital asset transactions.
The team of SyntiFi is based in Switzerland and combines unique skills and expertise in Capital Markets, Technology and Academia with a proven track record of driving digital transformation in tech and financial services.
We will provide more detailed information on our 2022 roadmap in another article shortly.
About SyntiFi
SyntiFi next generation risk intelligence offers privacy enabled collaborative data analysis, visualization and actionable agent-centric intelligence to unlock compliance relevant insights about digital asset transactions. SyntiFi features a number of innovations not seen before in risk intelligence. For more information, visit SyntiFi.com.
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