With the $1tn digital asset market in crisis this week, with further fallout suspected, it’s interesting to see how one firm decided that regulation was key to its business strategy.
Corlytics client is a relatively new blockchain cryptocurrency exchange providing a high-performance trading environment headquartered in the Americas but with an Asian-based compliance function.
They could see that there was increasing scrutiny around digital exchanges and crypto assets, and to help secure their future regulatory position, they decided to implement Corlytic’s regulatory risk platform in advance of launching.
The implementation was during the lockdown, but due to Corltyics having a SaaS solution, the implementation did not require travel – a truly digital implementation for a fully digital company.
The Benefits Of A Digitial Implementation
Our client was able to enjoy a number of benefits, including:
- Access to real-time global regulatory updates in one central platform.
- The reduction in regulatory ‘noise’ and the ability to filter regulatory content specific to their firm.
- The speed of getting a fully digital solution implemented and live.
You can read the full case study here.
