Bittrex Crypto Exchange Platform to Use IdentityMind for Anti-Money Laundering (AML) Support
IdentityMind has just gone ahead to announce that Bittrex platform will be utilizing their Digital Identities Platform. They will be using the platform for the automated transaction monitoring as their core function in the AML program they have in place, this is for both the Bittrex.com and the Bittrex International platform.
IdentityMind is a SaaS platform that focuses mainly on online risk management, together with the automation complicate. While the Bittrex company is a US-Based crypto exchange and technology platform, one that will significantly benefit from IdentityMind’s services and technology.
The growth of the Bittrex platform has come as an automated transaction monitoring, one that is being pushed to the forefront of the regulatory landscape. A company that has been able to prove the need for automated, efficient AML compliance solutions to be put in place within the community. Additionally, with platforms like IdentityMind that primarily focuses on the comprehensive and operational support of the AML process will allow the community to enjoy scalable and efficient services.
“We continue to invest in how our clients can quickly turn their manual processes into automated transaction monitoring and cost-effective compliance operations. It is clear to us that in order for financial institutions to take advantage of the advancement in compliance technology we have to integrate quickly and seamlessly into their day-to-day operations. We are thrilled to help Bittrex, one of the most important digital exchange platforms in the world, in adopting and realizing the benefits of automated transaction monitoring.’’
Jose Caldera, IdentityMind’s Chief Products and Marketing Officer.