integrated result: Crypto Asset Service Provider Risk Estimation

Banks that handle transactions that involve cryptocurrencies need to know the associated risks with those transactions. The output is not a predefined risk score but rather a set of indicators that the customer can use in their own way. Not every customer will have the same ‘risk appetite’ so this flexibility is needed. This also ensures transparency towards data sources and processing so there is explainability. Another unique feature is the ability to include Layer 2 (Lightning network) information in the analysis.

The result is integrated into the COINOMON product of Netsearch. • The product is combined with Tagpacks (CFLW) to identify suspicious VC addresses • Another data source is the CASPER (Netsearch) tool that links crypto exchanges to IBANs • Finally, layer 2 flow analysis (TNO/Janus) provides additional indicators

None - the service is available through a web interface that can be tailored according to needs.

Financial institutions that deal with cryptocurrency transactions

An account from Netsearch is needed to make use of this service.