Crypto and Blockchain features

Proof of source of funds and more.
Market-leading compliance checks.
Now available for crypto firms.

With crypto becoming mainstream, your firm faces an increasing barrage of regulatory checks. Armalytix enables compliance for financial crime and social responsibility checks on both crypto and fiat currencies. Within moments, we deliver proof of source of funds, bank account verification and more to your clients, simply integrated into existing workflows.

We give you the checks you need, in moments

Regulatory checks around client's financial circumstances in the past required long and complex forms. Armalytix solves this with simple and elegant client experiences across mobile and desktop, delivering:

01

Data

Accurate, verified, up to date.

02

Answers

The questions you need answered.

03

Evidence

The proof you need.

01

Data

Accurate, verified, up to date.

02

Answers

The questions you need answered.

03

Evidence

The proof you need.

Features & benefits

What do I get?

A sophisticated tool to perform regulatory checks on your clients

Ask the questions and get the evidence and analysis you need

Create tailored questionnaires or choose from industry-endorsed templates

Simple upload of supporting documentation for clients

No app or software download for you or your clients

A range of pricing options

News

Crypto and Blockchain Financial Services Legal and Property 29.06.22
Securities.io – Crypto and regulation, a matchmaker is needed

The crypto and traditional finance worlds are beginning to merge, as crypto’s fresh, upstart attitude falls more in line with the more stable but slower traditional finance. Crypto has struggled with a reputation of aiding and abetting money laundering, providing anonymity for fraudsters and criminals alike. As the two worlds meet, a matchmaker is needed to bridge the gap between them.

Crypto and Blockchain Financial Services Legal and Property Press 6.06.22
Today’s Conveyancer – Armalytix and Legal Eye announce source of funds partnership

Armalytix, the open banking platform which streamlines the collection of data for the professional and financial service industries, is partnering with Legal Eye, a specialist risk and compliance advisory business supporting law firms across the UK, to provide expert input and guidance on the groundbreaking Armalytix Source of Funds questionnaire.

Accounting Crypto and Blockchain Financial Services Legal and Property Press 23.05.22
The Times – In a world of financial crime, proof is critical

It has taken a geopolitical crisis, the exposure of massive fraud around COVID payments and the rise of crypto for it to hit home why anti-money laundering and fraud checks matter at every level. Government and regulators are reacting to increasing financial crime by mandating more checks for more firms in more sectors.

Accounting Crypto and Blockchain Financial Services Legal and Property Press 30.03.22
eWeek – Data, Data, Data

The importance now placed on data collection is huge. Our economy is no longer trust-based, it is now proof-based, and firms are under increasing pressure from regulators to know more about their customers. Add in the fact that companies need to take into account all financial data sources people have, from loans to multiple bank accounts and payslips, as well as non-financial data, such as personal data and identification checks, it is no surprise that companies are struggling to verify this data.

Accounting Crypto and Blockchain Financial Services Legal and Property Press 20.01.22
AccountingWeb – Government writes off £4.3bn in stolen Covid payments

The Treasury expects to recover just a quarter of the £5.8bn lost to fraud and error across multiple Covid support schemes. However, industry experts told AccountingWEB their warnings ahead of time fell on deaf ears as the government pressed ahead with inferior technology and outdated processes that played straight into the hands of fraudsters.

Accounting Crypto and Blockchain Financial Services Legal and Property News 16.12.21
Armalytix Press – The Fintech Times Money Heist

By utilising the power of technology, financial institutions and crime-catchers stand a much better chance of fighting financial fraud.

Reports

Proof of source of funds
analysis

Analysis of account activity and transactions:

Proof of available funds and supporting evidence
Analysis on accumulation and source of those funds
Tailored or template questionnaires available
Bank statements with marked-up transactions

Bank account verification

Confirm client and 3rd party accounts at any point in your process:

Verify account details direct from the bank
Prove ownership and control
Run at any point in your process
Use for clients or 3rd parties, business or personal accounts

Proof of source of funds
data

All transactions across one or more accounts:

Transactions and balances
Verified bank data
Customisable date ranges
Multiple bank accounts in one report

Proof of funds

Balance data on one or more accounts:

Up to date account balances
Verified bank details
Proof of sufficient funds
Multiple accounts in one report

Proof of source of funds
analysis

Analysis of account activity and transactions:

Proof of available funds and supporting evidence
Analysis on accumulation and source of those funds
Tailored or template questionnaires available
Bank statements with marked-up transactions

Bank account verification

Confirm client and 3rd party accounts at any point in your process:

Verify account details direct from the bank
Prove ownership and control
Run at any point in your process
Use for clients or 3rd parties, business or personal accounts

Proof of source of funds
data

All transactions across one or more accounts:

Transactions and balances
Verified bank data
Customisable date ranges
Multiple bank accounts in one report

Proof of funds

Balance data on one or more accounts:

Up to date account balances
Verified bank details
Proof of sufficient funds
Multiple accounts in one report

Armalytix in action

Quick, simple, effective.

Watch the video

Proof of Source of Funds Check

Making it work for you

No barriers, get started today or use our APIs to integrate into your existing set-up. We’ll review your existing workflows, agree the information you need and build great client experiences for you. No need for forms.

Option 1

Deploy today

Get started right away.

Option 2

Integrated

Fit seamlessly into your existing systems.

Option 3

Technology partners

Access our checks through your existing AML technology providers.

What our clients say

'The guys really love the system and it has been a massive help to us.'

Marc Lansdell - Managing Director - Evolve Law

'Armalytix is simple, secure and saves a lot of time.'

Mohit Baheti - Director of Operations - Online Account Filing

Testimonials

Pricing

We offer pricing packages to suit direct or partner businesses of all sizes. Get in touch to discuss. If you prefer, use the live chat to speak to us now.

Get started

Get started today

Armalytix works effortlessly for you, saving time and reducing regulatory risk. Join our trusted and successful community and see how together we are reshaping your industry.

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