EDX Markets and Solidus Labs Team Up for Best-in-Class Transaction Monitoring

EDX Markets (EDX), the innovative crypto exchange backed by a consortium of major Wall Street firms partners with Solidus Labs, to provide transaction monitoring across EDX’s platform.

Challenges

EDX, built on the foundation of established Wall Street practices, prioritizes seamless, end-to-end transactional risk management with the goal to maintain the highest levels of compliance within the crypto market and to mirror institutional best practices by integrating best-in-class risk management tools used by traditional financial institutions.

Solution

Leveraging Solidus Labs’ crypto-native detection technology , EDX benefit from:

  • Automated and Scalable Transaction Monitoring: seamless end-to-end transactional risk management capabilities in order to maintain the highest compliance standards across the cryptocurrency industry and reflect key institutional best practices
  • Universal Client Risk Profile capabilities: EDX can tailor risk assessments to individual users, ensuring a more comprehensive approach to security.

Results

This collaboration signifies EDX's unwavering commitment to:

  • Security and Compliance: Solidus Labs' cutting-edge solutions empower EDX to consistently exceed industry compliance standards.
  • User Protection: Enhanced transaction monitoring safeguards the integrity of the EDX platform.

Solidus’ transaction monitoring solution is a powerful addition to EDX’s suite of compliance measures. We are focused on bringing the best of traditional finance to cryptocurrency markets and are committed to ensuring safe and compliant trading. As an industry-leading provider of AML solutions for detection of money laundering and financial crime activities in crypto markets, Solidus will help us protect the integrity of our platform while meeting regulatory expectations and Wall Street-grade best practices.

Chris Tyrrell, Chief Compliance Officer, EDX Markets

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