How much time do you spend chasing dead-end leads in compliance or investigation reports? Probably, too much. Trying to trace a suspicious crypto transaction through hundreds of wallets without the right tool can take long hours. With limited time and rising regulatory pressure, teams are forced to prioritize what data they can analyse, sometimes leaving gaps. Manually sorting through transactions isn’t just slow; it drains valuable resources and increases operational expenses.
But what if you could skip the noise and get straight to accurate, actionable insights? When it comes to investigating financial crime and ensuring compliance, speed and accuracy matter. Compliance officers and law enforcement need fast, reliable access to data to track illicit activities, assess risks, and meet regulatory obligations without increasing expenses.
How the Counterparty Report transforms investigations and compliance
1. A comprehensive single-screen source and use of funds analysis
The Counterparty Report provides a single-screen summary of an entire entity’s financial exposure, based on the analysis of all transactions of that entity over the selected time period. It enables investigators and compliance teams to quickly move from a broad risk overview to detailed insights on specific high-risk transactions subject to suspicious activity/transaction reports (SAR/STR).
Key benefits:
- Target any VASP within FIU’s jurisdiction
- Instantly assess risk with clear source and use of funds analysis
- Eliminate wasted hours sorting transactions.
For law enforcement
Understanding where the funds come from and how they are used is important in financial crime investigations. The report shows investigators which source and use of funds contribute to illicit activities. It helps them focus on the right connections instead of wasting time on dead ends.
For compliance officers
It’s useful for VASPs to know:
- What FIUs know about them. The Counterparty Report gives insights into their risk profile from a regulator’s perspective, helping them stay ahead of compliance issues and improve transparency.
- How risky their counterparties are. A comprehensive counterparty risk assessment can help reduce the risks of interacting with sanctioned, terrorist financing, and other high-risk entities.
2. Identification of high-risk activities
Key benefits:
- Identify direct and indirect connections to high-risk activities
- Identify the exact transactions that contribute to the risk.
For law enforcement
Time is crucial when investigating financial crime. The Counterparty Report gives an overview of a counterparty’s transactional risk, allowing investigators to quickly determine whether an entity is involved in fraud, money laundering, or other illicit activity.
For compliance officers
For compliance, it’s important to assess the risk of an entire entity, looking at all accounts together rather than just individual transactions. The report provides a big-picture view to identify high-risk accounts and understand the overall exposure within the entity.
3. Simplified reporting and evidence collection
Key benefits:
- Generate comprehensive reports for legal and regulatory use
- Data clearly organized for case-building.
For law enforcement
Investigators need solid evidence when prosecuting financial crimes. With the Counterparty Report, they get a detailed report on suspect entities and their transactional exposure, both direct and indirect.
For compliance officers
Regulatory bodies need transparent, structured reports. You can generate a Counterparty Report with a few clicks, without manually compiling data from multiple sources.
Your all-in-one compliance solution
The Counterparty Report isn’t just a standalone tool. It’s part of a toolkit that provides different features for compliance and in-depth investigations, including:
- GL Vision for in-depth insights into blockchain data, unlimited tracing, finding hidden connections between wallets, and demixing
- GL Monitoring with real-time score updates and immediate fraud alerts
- Risk Report, a full report on incoming transactions and wallets you interact with
- Entity Explorer, a deep dive into counterparties, their services, licenses, ownership, etc.