Case Study: Finoa strengthens crypto compliance and transaction monitoring with Merkle Science

Finoa cuts AML compliance workload with Merkle Science and streamlines audits

Finoa, a qualified crypto-asset custodian for institutions, faced the challenge of enhancing its transaction monitoring to support its expansion into new and emerging blockchain ecosystems while maintaining compliance and operational efficiency. To address this, Finoa partnered with vendor Merkle Science and its Compliance Solution Suite.

Merkle Science implemented a solution featuring extensive chain coverage, an intuitive dashboard, advanced transaction monitoring, and a behavior rule engine. This provided Finoa with best-in-class compliance tools, generated significant efficiency gains for its AML team by reducing manual workload, and streamlined its audit processes through enhanced documentation capabilities.

Finoa