The Solidus Cloud: New Paradigm for Compliance Teams

Crypto-native threat detection powered by Machine Learning

AI models minimize false positives providing smart probability scores and real-time alerting

Tweak and customize everything to reflect your priorities

Customize to your needs on every layer – from workflows and reports to algorithm sensitivity

Adaptable detection models ready for crypto’s unknowns

Block level front-running? Oracle manipulation? Solidus’ ML engines are ready for the future

Features

Alerts overview

All the compliance alerts you need in one place, with tallies, risk scores and visualizations to help reach wise compliance decisions, and act upon them.

Unified Case management

Advanced alert management capabilities to track, manage, escalate and ultimately audit concerns. Use for Solidus TM and MS alerts only, or integrate additional external or internal feeds via API.

Back-testing

Use historical data to test detection models, analyze activity and, when you adjust model sensitivity, ensure the new setting is up to par with compliance priorities.

Investigative toolbox

When manipulation concerns arise, all the tools you need to understand exactly what happened, why, with fully visualized data, events replay and more.

Multi-layered customizability

Tweak the system to suit your specific surveillance needs, across all functional domains: Workflow layer, alert thresholds, algorithmic behavior, reporting logic, storage access, and more.

Operating system-agnostic

Mac or Windows, desktop or tablet – access the dashboard easily from anywhere, and save unnecessary VM logistics.

Integration and consolidation-oriented

To allow managing all compliance requirements in one place, Solidus is API-agnostic. Integrate external or internal feeds (like KYC/AML, onboarding, blockchain investigation) into Solidus’ platform and create a one-stop-shop compliance management hub.

Intuitive, modern design

Solidus’ dashboard is designed with state-of-the-art UI/UX standards, enhancing finance industry norms, processes and terminologies

Wall Street-grade security

Solidus’ data stream is heavily protected by cyber-security standards scrutinized by industry experts. Data is anonymized so that no PII leaves the clients’ OMS. In accordance with regulatory requirements, data is kept in cold storage for 7 years, with API accessibility for clients.

Reporting, Regulatory and Internal

Customize, design, generate and submit regulatory and internal reports at the click of a button. Easily amend and resubmit rejected reports. Reports include:

  • MiFIID
  • MiFIID II
  • OATS
  • CAT

Supported MS Alerts

  • Layering
  • Spoofing
  • Front-running
  • Ramping
  • Pump & dump
  • Inside trading
  • Cross product manipulation
  • Churning
  • Parking
  • Blacklisted address alert
  • Reg NMS – trade-throughs/best execution
  • Suitability measurements
  • MiFIID compatibility requirements

Supported TM Alerts

  • Structuring (CTR evasion)
  • Round dollar transactions
  • Wires to/from high-risk jurisdictions
  • High amount of transactions
  • Activity profile deviation
  • Dormant accounts
  • Rapid movement of funds
  • Third party and multiple accounts/transactions 
  • Large scale asset purchases
  • Sequence of events
  • Unusual use of currency
  • Unusual purchase and/or sale of shares
  • Nested accounts
  • Account used as pass-through
  • Use of multiple jurisdictions
  • Frequent changes to client data
  • Redeeming products instantly or within a short period of time with an apparent disregard for fees
  • Unusual use of debit card
  • Circulation of funds
  • Excessive cash/cash equivalent transactions
  • Change in behavior relative to peer
  • Change in account behavior and unexpected account usage
  • Patterns of fund transfers between multiple accounts
  • High-risk factors

Under the hood: Blockchain-Native Infra Powered by Machine Learning

Adaptable Detection Engines

Proactive detection models that adjust, improve and become more efficient with time, rather than reactive, rule-based models based only on known manipulation schemes. Machine-learning enables responding to unknown threats as they occur, based on clustering, segmentation and cross-referencing thousands and more data points in seconds.

Probability-based risk scores

With probability scoring, unlike rule-based thresholds, compliance teams receive smarter alerts that don’t just point out something happened, but also how likely it was to have been a manipulative occurrence. Individual clients can create different probability standards for different assets classes, arenas, clients and scenarios, avoiding unnecessary alerting and reflecting internal priorities.

Near-real Time Alerting

Solidus’ machine learning engines are constantly active, continuously processing new data as it arrives, and buttressed on a top-of-the-art tech stack enabling fast processing alerting. That’s critical to providing an effective response to digital asset markets that operate 24/7, globally. For compliance and trading teams, it means the ability to respond to market integrity challenges immediately, rather than only retroactively.

Native support for digital asset data

Support for smaller decimals large amount of trades per minute, low latency messaging buses and the ability to process non-standardized data, among other features.

Integral blockchain connectivity

Whether you’re operating a centralized or decentralized entity, Solidus’s software has all the blockchain capabilities you’ll need: Integration to chain analysis platforms, blockchain readability, and more.

A system that evolves with regulation

With a dynamic regulatory landscape that’s set to change over the next few years, Solidus’ flexibility is critical to ensure no surveillance system overhaul is necessary each time a new regulation is implemented. Instead, customize and tweak report formats, tweak model sensitivity and restructure investigation workflows.

Our Clients

Buy side or sell side, crypto-newbie or finance veteran – Solidus is already working with clients like you worldwide to tackle manipulation and advance compliance

See it in action, live, with real-world data. Schedule a demo today