FalconX, the leading institutional digital asset prime broker and Crypto’s first CFTC-registered swap dealer partners with Solidus Labs to bolster trade surveillance and transaction monitoring on their platform, FalconX360.
In the dynamic landscape of digital asset trading, ensuring compliance and security while maintaining deep liquidity poses significant challenges for institutional investors. The fragmented nature of the crypto industry further complicates trade surveillance, requiring innovative solutions to detect suspicious activities across various trading venues.
By integrating Solidus Labs' cutting-edge crypto-native detection technology, FalconX can now leverage:
- Scalability: Solidus Labs' crypto-native detection algorithms swift integration allows FalconX to confidently expand their digital asset portfolios, and enhance liquidity access on new venues at scale
- Comprehensive coverage: Monitors both trades and transactions for enhanced risk detection.
The partnership with Solidus Labs enables FalconX to:
- Ensure Comprehensive Coverage: Maintain a vigilant watch over suspicious activities, enhancing the security and integrity of transactions.
- Build Investor Trust: Provide institutional investors with a secure environment, knowing their trades comply with regulatory standards.
- Adapt to Market Dynamics: Utilize Solidus’ technology to swiftly adapt to new trading venues and scale operations without compromising on the highest standards of compliance and security.
Solidus Labs was the ideal partner for us due to their expertise in trade surveillance and deep understanding of crypto. Their crypto-native detection algorithms, designed to rapidly onboard new trading venues, coupled with comprehensive trade and transaction coverage, align with our vision to provide secure, efficient digital asset market access for institutional investors.
Nicole Vasold
,
Head of Surveillance
,
FalconX
