Sopra Steria, a European Tech leader recognised for its consulting, digital services and software development, today announced a strategic partnership with Chainalysis, the blockchain data platform. Sopra Steria and Chainalysis are working diligently to bring the company’s compliance solutions for cryptocurrency businesses in the European market.
The cryptocurrency ecosystem is undergoing rapid growth and transformation, creating a need for trusted partners that ensure digital asset-related businesses and services are empowered to remain compliant with the changing regulatory landscape. As the number of cryptocurrency investors grows, having the right tools in place to curb illicit activity is essential.
By utilizing Chainalysis industry-leading proprietary data and compliance solutions, Sopra Steria and Galitt, the company’s subsidiary dedicated to payment and transaction systems, will offer its customers a holistic cryptocurrency compliance program allowing proactive intervention and reporting while ensuring they remain compliant with local regulations regarding financial transactions.
“The open, transparent and decentralized nature of cryptocurrency is designed to democratize and create a more inclusive financial landscape,” said Bas Lemmens, GM of EMEA for Chainalysis. “We are excited to collaborate with Sopra Steria and its subsidiary Galitt to continue helping organizations create a safer blockchain environment in the European market.”
“We are very proud to partner with Chainalysis to get ready ahead of cryptocurrencies reaching mass adoption and integrating the existing financial sector with strong compliance requirements. With its solid experience in data and powerful proprietary solutions, Chainalysis complements our services well. Together, we will bring to our clients a safe and compliant environment.” said Pierre LAHBABI, CEO of GALITT, a Sopra Steria company dedicated to payment systems and transactions.
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