Notabene provides a powerful feature that allows you to connect your account with some of the largest blockchain analytics tools and sanction screening providers in the industry. By doing this, you'll be able to perform due diligence on your counterparty before finalizing a blockchain transaction. This is an essential step that helps you evaluate your potential risk exposure by accepting a certain blockchain transaction.

You can connect your compliance tools by follow the steps outlined on this page. Once done, you'll be able to see the risk score given by your provider (if available) and if there are any potential sanction matches. This information is shown in the "Transaction Information" section when clicking on the “I” button located near “Accept” and “Decline”.

You can automate the transfer approval process by setting up a rule in the rules engine. For instance, you can set up a rule that identifies the more sensitive counterparty wallets that require your attention. Instead of reviewing all transfers, your compliance team can focus on the ones that need further on-chain investigation.

Another rule you can set up is the sanction list check. This rule flags all transfers that involve sanctioned counterparties. By manually reviewing them, you can decide whether they are correct matches or false positives. Alternatively, you can choose to decline those transfers automatically, without further review.

To learn more about the tools available for integration, please visit our marketplace integrations page.

If you have any questions or need any assistance, please contact us at support@notabene.id.