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
Securities.io – A Nightmare on Crypto Street
2022 was not a good year for global anti-money laundering. Fines rose by more than half on the previous year, topping £4bn, according to recent data. Despite all the issues, crypto’s revolutionary promise remains. Two-thirds of central banks plan to issue their own digital currencies in the next decade. But something needs to be done, or the worst could be yet to come for the crypto industry.
Financial IT – FTX was crypto’s canary. Financial institutions ignore its demise at their peril
Financial services firms must tread carefully and treat the recent FTX scandal like the canary down the coal mine. The exchange’s demise is an early warning sign that danger lies ahead – and that as crypto continues to grow, the worst may be yet to come.
Source of Funds is Complicated. How to Make it Simple.
Understanding the client’s financial position and the ability to identify risk sooner are two key requirements for firms undertaking Source of Funds checks.
Best in class Source of Funds and how we’re achieving it
Over the past few years, we have developed the best-in-class Source of Funds (SoF) checks in the legal market space with upfront fact finds, market leading analysis and a Legal Eye endorsed questionnaire. To do this we have combined cutting edge technology, with a deep understanding of both what is required by the regulators and what the needs of a modern law firm are - all whilst creating a simple, slick digital experience for the client.
Compliance Week – Deutsche Bank efforts to meet BaFin order reflective of EU’s AML struggles
With Deutsche Bank struggling to meet #AML requirements, and every one of Europe’s top 10 banks being fined for money laundering offences in the last decade, the question remains; are AML regulations being implemented as they should?
City AM – The billions of dirty money in the City: Q&A with Richard McCall
To discuss the failures in AML over the last 10 years and what comes next, City A.M. sat down with Richard McCall, CEO at Armalytix, a London-based data intelligence fintech that specialises in helping financial and professional services companies navigate through the complex and rapidly-changing AML maze.
Featured in
Reports
Proof of source of funds
analysis
Analysis of account activity and transactions:
Bank account verification
Confirm client and 3rd party accounts at any point in your process:
Proof of source of funds
data
All transactions across one or more accounts:
Proof of funds
Balance data on one or more accounts:
Proof of source of funds
analysis
Analysis of account activity and transactions:
Bank account verification
Confirm client and 3rd party accounts at any point in your process:
Proof of source of funds
data
All transactions across one or more accounts:
Proof of funds
Balance data on one or more accounts:
Armalytix in action
Quick, simple, effective.
Proof of Source of Funds. Sorted.
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.
