As an analyst with extensive experience navigating the complex world of finance and technology, I am particularly excited about this partnership between Moody’s and Elliptic. The integration of real-time on-chain data from Elliptic with Moody’s off-chain data sources promises to revolutionize the way we screen Virtual Asset Service Providers (VASPs).
Financial research and ratings company Moody’s teams up with blockchain analytics specialist Elliptic, aiming to enhance risk assessments for Virtual Asset Service Providers (VASPs).
Through this collaboration, you’ll gain comprehensive, in-depth understanding of Virtual Asset Service Providers (VASPs), as it integrates financial information from traditional and modern sources seamlessly within a user-friendly interface.
🤝 Excited to share that we’ve teamed up with Moody’s to transform Virtual Asset Service Provider (VASP) screening! By blending Elliptic’s real-time on-chain data with Moody’s off-chain sources, we aim for a smooth integration. Stay tuned for more updates below!
— Elliptic (@elliptic) August 15, 2024
As someone who has navigated both the traditional finance world and the digital asset space, I have come to appreciate the importance of having a comprehensive platform that integrates all necessary data into one place. This includes transaction histories, financial records, and regulatory information, which are essential for understanding potential risks. The growing intersection between traditional finance and the digital asset sphere has made it crucial to have a clear picture of these risks in order to make informed decisions. I firmly believe that such a platform would greatly enhance my ability to manage my investments effectively and mitigate any potential pitfalls.
Furthermore, Elliptic is known for its expertise in following on-chain data, keeping tabs on more than a thousand Virtual Asset Service Providers (VASPs), and examining digital transactions for any signs of illicit activities.
Rather than being moody, it also brings along its extensive off-chain database, holding data on over 21 million risk assessments and 51,000 sanctioned entities. Combining these resources results in a unified risk management system that assists financial institutions in adhering to anti-money laundering (AML) and Know Your Customer (KYC) regulations.
Read More
Sorry. No data so far.
2024-08-20 02:30