The partnership with CipherTrace will allow the company to expand its product portfolio to include blockchain analysis, cryptocurrency investigation, and AML tools such as CipherTrace Armada™ and CipherTrace Inspector™. Powered by the world’s leading cryptocurrency intelligence and blockchain analytics, CipherTrace Armada delivers deep insights into a bank’s money laundering risks from virtual asset service providers (VASPs). The CipherTrace Inspector financial investigations solution can be used to further identify risky attributes of crypto addresses and wallets. Dubai, UAE: Spectrami, the region’s primary cyber security value-added distributor has joined hands with CipherTrace, a leading cryptocurrency intelligence company to access CipherTrace's cryptocurrency intelligence solutions for anti-money laundering, financial investigations, and virtual asset risk mitigations for banks and other financial institutions throughout the Middle East, North Africa and Turkey. CipherTrace delivers the world’s most comprehensive cryptocurrency intelligence to detect money laundering, inform law enforcement investigations, and enable regulatory supervision.

Source: The North Africa Journal December 15, 2020 09:00 UTC