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Coinfirm releases new Standard AML Risk Reports for Cryptocurrencies

Nov 25, 2019

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Recognized as a global leader in RegTech for blockchain, Coinfirm serves as a foundation for the safe adoption and use of blockchain. The Coinfirm AML/CTF Platform uses proprietary algorithms and big data analysis to provide structured, actionable data that solves compliance and transaction risk issues in blockchain and cryptocurrencies. The blockchain agnostic platform is currently used by anyone ranging from major financial institutions to exchanges. In addition, Coinfirm develops dedicated blockchain solutions such as the data provenance platform Trudatum that was recently integrated by the largest bank in CE.



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This past year the crypto world has seen quite an evolution around regulatory guidelines with AMLD5 and FATF travel rule being debated, big tech giants like Facebook venturing into crypto, new age banks embracing blockchain and offering crypto services, crypto exchanges still being hacked and crypto traders continuing to be victimized by wide range of scams, ponzi schemes. All these developments have direct or indirect impact on the entire crypto ecosystem requiring even more focus and increased efforts to implement the best AML solutions and we are always looking at new ways of helping our users to achieve this.

At Coinfirm we’re always working towards improving our solutions to provide the best AML analytics and user experience to our clients. We take great pleasure in announcing, that we have upgraded the Standard AML Risk Report with new features and more powerful data analytics. Moreover, we’re excited to share, that our users can now upgrade their Basic AML Risk Reports to our new Standard AML Risk Reports for FREE. Please note, that users who want can continue to generate Basic reports and not upgrade to the new Standard Reports.

If you are not a Coinfirm client or registered user and would like to explore our AML blockchain analytics solutions, then our sales team will be happy take you through a live demo and explain all the benefits. We’d be glad to setup a trial account customized for your business needs so you can directly experience all the powerful features, reports, and analytics. Please email your demo requests to contact@coinfirm.com

Let’s take a quick look at what’s new in the upgraded Standard AML Risk Report:

Profile Analysis & Summary
The initial profile summary displays the identified profile name and the type. There is a dedicated section in Standard Reports on profile analysis that highlights the ownership details.

Profile Analysis


Balance & Tokens
In addition to the overall crypto balance, in the upgraded Standard report you can view current balance in USD value along with number of tokens and their value.

Standard AML Risk Report Picture

C-Score analysis
C score is showcased as a summary on first page of the report along with a dedicated section that breakups the C score by % of risks associated with the address. In standard report 1 key risk indicator is highlighted as shown in the graphic below.

C Score Analysis

Financial Analysis
The financial analysis section shows the total transactions, input/output and balance analysis in a visual graph format. The online report enables you to customize the select date and view financial analysis in an interactive way.

Financial Analysis

To view a sample hack-related upgraded Standard AML Risk Report click here

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