Solidus Labs Unveils HALO: A Crypto-Native Market Integrity Hub Designed for Digital Assets | News
NEW YORK–(BUSINESS WIRE)–March 23, 2022–
Solidus Laboratoriesthe benchmark for crypto-native market integrity solutions, today announced the launch of HALOthe first automated, comprehensive and testable trade monitoring and market integrity center designed for digital assets.
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Halo by Solidus Labs (Photo: Business Wire)
The launch of HALO will help shape the future of financial risk monitoring. Designed from the ground up to bridge the gap between crypto and traditional finance, HALO provides Wall-Street-grade crypto-native regulatory risk and compliance solutions. Increasingly, financial institutions are relying on HALO as they expand into new revenue opportunities afforded by digital assets. Beyond a growing customer base of crypto and DeFi businesses, HALO is also poised to offer government agencies tools to create transparency, enable innovative regulatory frameworks, and ensure safe and regulated crypto financial services. in their jurisdictions. The platform addresses many crypto-specific challenges, such as new market structures, volatility, volumes, data types, decentralized services, exchange dynamics, crypto market abuse typologies -natives – and changing business and regulatory requirements.
“Crypto’s potential to make financial services more accessible, transparent, liquid, and efficient depends on cutting-edge financial risk monitoring that enables the merits of digital assets, while surgically mitigating its many new risks,” Asaf said. Meir, Founder. and CEO of Solidus Labs. “HALO achieves this by unifying formerly disparate risk data points and continuously monitoring that data in real time, creating a universal behavior-based customer risk profile that allows our customers to focus on real risk, real time, throughout the investment journey. .”
Combining state-of-the-art machine learning technology with decades of traditional financial risk know-how and best practices, HALO is uniquely designed to meet the “triple T” (T3) pillars of market integrity in the crypto and DeFi space – trade monitoring, transaction monitoring, and threat intelligence. HALO modules include:
Commercial monitoring: HALO’s comprehensive market monitoring tools ensure market integrity by comparing abnormal crypto orders and execution patterns against the market norm, to alert businesses and networks to potential rule violations trading or unusual market volatility. HALO users can easily customize detection model sensitivity and backtest against real data to meet the needs of rapidly changing regulatory and compliance environments.
Transaction monitoring: HALO’s real-time continuous monitoring of crypto and fiat transactions provides unparalleled native blockchain capabilities to detect, investigate, and report suspicious crypto deposits and withdrawals for Anti-Money Laundering (AML), sanctions and financial risk compliance.
Threat Intelligence: Backed by a built-in onboarding checker, powerful integrations, and crypto-native infrastructure, HALO’s Universal Client Risk Profile aggregates risk across the entire investment journey and across multiple markets – from l onboarding to trading, post-trading and everything in between. By synthesizing numerous signals into a single threat intelligence hub, HALO surgically surfaces overlooked threats in crypto and DeFi services, empowering businesses to act in real time.
HALO currently protects over 25 million retail and institutional investors worldwide and is actively used to monitor over a trillion events daily. The platform deploys over 50 different proprietary market abuse typologies, protecting investors and protecting crypto businesses from emerging threats unique to the crypto and decentralized finance space. “Since our inception, our deepest commitment has been to enabling a safer crypto ecosystem. HALO brings us one step closer to that goal while taking user experience to the next level, empowering risk and compliance teams, and allowing crypto businesses to grow more securely,” Meir said. “It is the culmination of thousands of hours of work with crypto teams and discussions with regulators, realizing our vision to harness crypto not just as an opportunity to transform financial services, but also as an opportunity to evolve financial risk monitoring into the future.”
To learn more about Solidus Labs and HALO, visit: www.soliduslabs.com
About Solidus Labs:
Solidus Labs defines the categories of crypto-native triple T (T3) market integrity solutions – trade monitoring, transaction monitoring, and threat intelligence.
Our mission is to enable safer crypto trading throughout the investment journey across all centralized and DeFi markets. As the founder of industry-leading initiatives like the Crypto Market Integrity Coalition and DACOM Summitand in everything we do, Solidus is deeply committed to ushering in the financial markets of tomorrow.
Crypto exchanges, financial institutions and regulators around the world rely on Solidus HALO – our real-time, comprehensive, testable and scalable platform. By protecting their business from known forms of market abuse and a plethora of emerging crypto-specific risks, we enable our clients to grow faster and more securely.
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Trevor Davis, Gregory FCA
Phone. : 443-248-0359
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY LEGAL FINANCE SECURITY BANKING OTHER TECHNOLOGY PROFESSIONAL SERVICES NETWORKING SOFTWARE DATA MANAGEMENT
SOURCE: Solidus Laboratories
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PUBLISHED: 03/23/2022 09:00/DISC: 03/23/2022 09:02