AlphaPoint Teams up with Elliptic to Integrate Comprehensive Compliance Services

Elliptic – the global leader in cryptoasset risk management – today announced that it has partnered with AlphaPoint, a veteran white label exchange software provider. Together, the companies will integrate comprehensive crypto compliance services as a technical integration option to their global customer base of independent digital asset exchanges, brokerages and wallets. 

AlphaPoint client exchanges now have the option to leverage Elliptic's rich API solution for compliance with anti-money laundering (AML) regulations for automated cryptoasset wallet and transaction screening in an increasingly regulated market. 

Additionally, exchanges will have access to Elliptic's real-time wallet screening tool – Lens – for pre-screen withdrawals and cryptoasset transaction monitoring tool Navigator for deposits. This will allow them to leverage automated risk scoring capabilities to support compliance in AlphaPoint’s white label exchange services, with custom risk thresholds easily set up for both deposits and withdrawals.

One of the key benefits of integrating Elliptic solutions is the configurable risk rules that allow exchange customers to define risk their own way, in order to potentially process transactions more efficiently and allocate compliance resources to high-risk transactions. These solutions automate compliance workflows and reduce the burden on compliance teams, helping AlphaPoint customers get to market faster. 

"Availability of industry leading compliance service options has never been more important to our global portfolio of clients," said CEO and Co-founder Igor Telyatnikov. "Elliptic is an excellent and well respected partner which is now helping our clients automate parts of their compliance workflows."