Softronic CM1 and VALEGA launch partnership: enhanced AML compliance with integrated cryptanalysis

Softronic CM1 AB (CM1) and VALEGA Chain Analytics Oy (VALEGA) start a strategic partnership. CM1 is Softronic’s anti-money laundering AML platform and the collaboration integrates VALEGA’s analysis of crypto transactions and hidden crypto exposure with established monitoring of traditional payment flows into a cohesive process.

Financial institutions today work with advanced systems to detect suspicious activity in the traditional payment system. At the same time, criminal networks are increasingly leveraging crypto-infrastructure to move values, mask traces and quickly switch between crypto-assets and fiat. The result is a surveillance gap between two worlds that are in reality connected.

The partnership with VALEGA is an important step for CM1, as it means that VALEGA’s cryptoanalysis are included in financial institutional transaction monitoring processes. It creates faster implementation, higher operational relevance and a clearer workflow for compliance and AML teams.

Through the integration, the parties strengthen financial institutions’ ability to detect risks linked to money laundering, fraud and terrorist financing, even when flows move between traditional accounts and crypto environments.

The ambition is to contribute to a new standard for financial monitoring in a reality where both traditional payments and crypto-assets coexist.

Sandra Madstedt, Business Unit Manager for Softronic CM1, says:

• With the deepened collaboration between Softronic CM1 and VALEGA, we strengthen the ability and conditions for our customers by offering an integrated cryptoanalysis in our existing AML platform. This is a natural step in our ambition to help financial vendors face an increasingly complex reality where traditional payment flows and crypto-assets coexist.

• Through the collaboration with Softronic CM1, we can for the first time connect analysis of crypto transactions with established monitoring of traditional payment flows. Together, we create a more comprehensive infrastructure to detect and counter economic crime, comments Sven Färm Martinsson, CEO of VALEGA.

Contact persons:

Sandra Madstedt, Business Unit Manager CM1, Softronic AB (Publ)
Phone: +46 70 881 31 53
Sandra.madstedt@softronic.se

Sven Färm Martinsson, VD för VALEGA
sven.martinsson@valegachain.com