Ensuring Institutional Compliance With TRM Labs Integration
Integrating risk management tools from our blockchain analytics and intelligence technology partner, TRM Labs, has enabled Ceffu to ensure its regulatory compliance and risk management program for client holdings by using TRM to screen for high-risk wallets as well as monitor and investigate suspicious transactions. The relationship is the latest in a series of steps Ceffu has taken to mitigate exposure to financial crime risk.
“As an institutional custodian, our utmost priority is to provide secure and compliant services that our clients can trust,” said Athena Yu, EVP of Ceffu. “Utilizing TRM’s compliance and risk management solutions strengthens our suite of secure custody solutions to help clients safely participate in this rapidly growing digital economy.”
Despite increasing institutional interest in digital assets, concerns over security and custodial services remain a significant hurdle to broader institutional participation in the space. Ceffu launched in December 2021 to address such concerns by offering top-grade security and integrated access to deep institutional liquidity venues with compliant, insured, and audited technology solutions. Since our inception, we have already secured our specie insurance, ISO 27001 & ISO 27701 certifications and SOC 2 Type 1 attestation, and are currently pursuing its SOC 2 Type 2 attestation.
“As mainstream adoption of digital assets progresses, it is vital that institutions have compliance peace-of-mind when choosing partners such as custody service providers,” said TRM co-founder and CEO Esteban Castaño. “By incorporating TRM’s suite of compliance and risk mitigation tools, Ceffu reinforces its ambition to deliver innovative services with trust and safety at the forefront.”
For more information on all the institutional-grade security measures we have in place to protect your digital assets, contact our team here.
About TRM
TRM provides blockchain intelligence to help financial institutions, cryptocurrency businesses and public agencies detect, investigate and manage crypto-related fraud and financial crime. TRM's risk management platform includes solutions for cryptocurrency anti-money laundering (AML), transaction monitoring and wallet screening, entity risk scoring including Know-Your-VASP, and transaction tracing for investigations. These tools enable a rapidly growing cohort of organizations around the world to safely embrace cryptocurrency-related transactions, products, and partnerships. TRM is based in San Francisco, CA and is hiring across engineering, product, sales, and data science. To learn more, visit www.trmlabs.com.
About Ceffu
Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets through its insured, segregated cold storage solution, Qualified Wallet. Institutions also benefit from Ceffu’s secure gateway to a wide range of liquidity products within the Binance ecosystem as Binance’s institutional custody partner.
Stay informed
LinkedIn: Ceffu
Twitter: @CeffuGlobal