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ComPilot

ComPilot helps you manage your financial crime risk by ensuring that everything you need in terms of customer risk management, from onboarding to on-going monitoring, is comprehensively covered.

The challenges of Web3 compliance​

There are many challenges that you can face in Web3 compliance (also known as crypto compliance).

  • Data from multiple sources can end up in isolated silos, making it hard for you to work with.
  • There are many manual and repetitive steps, which are time-consuming and error-prone.
  • It is difficult to set up a customer journey that is simple for both you and the customer.

ComPilot addresses these challenges with the ComPilot Dashboard, ComPilot providers, and the ComPilot Rules Engine.

The ComPilot Dashboard​

The ComPilot Dashboard is the control centre for configuring the compliance process and is also a unique source of data on your customers.

On the ComPilot Dashboard, you can:

  • Configure your compliance process by configuring providers and configuring the ComPilot Rules Engine.
  • Manage your customers.
  • View usage metrics.

ComPilot identity verification and screening providers​

ComPilot identity verification screening providers allow you to screen your users.

If you are starting out on your Web3 compliance journey, ComPilot can offer you all the identity verification and checks you need.

If you already have your identity verification tools, you can connect them to ComPilot to gather the data and benefit from an advanced case management system and a unique source of truth.

There are several different types of provider, including:

  • KYC providers, which collect customer data to perform identity verification.
  • KYT providers, which analyze customer data to perform know-your-transaction checks.
  • Fraud detection providers, which analyze customer data to perform fraud detection checks.
  • AML screening providers, which analyze customer data to perform anti-money-laundering checks.

To use providers, you set up a workflow (a sequence of steps that a customer goes through as they are verified by ComPilot). If a step in a workflow requires a provider, ComPilot allows you to set up and configure it according to your needs.

The ComPilot Rules Engine​

The ComPilot Rules Engine allows you to define the compliance checks that a customer must pass before interacting with your application.

The compliance rules can be created from scratch, or from templates provided by ComPilot.

The ComPilot Rules Engine receives verifiable credentials (VCs) or zero-knowledge proofs (ZKPs) and checks them against the compliance rules. The application receives the rule execution result, allowing the application to allow or deny access to the customer.

ComPilot use cases​

  • If you want to do business with individuals and need to do know your customer (KYC) checks, you can use ComPilot as a platform for business-to-individual crypto compliance.
  • If you need identity verification and know-your-transaction checks, and if you need help designing a compliance strategy, then you can use ComPilot as your all-in-one platform for crypto compliance.
  • If you need help with getting your regulatory license, reducing your compliance costs, and having a single source of truth for all your compliance data, then you can use ComPilot as a control center for a crypto compliance stack.
  • If you want to provide access to your smart contracts while preserving the privacy of your customers, you can use ComPilot for Privacy-preserving KYC. -If you want to do business with other businesses and need to do know your business (KYB) checks, you can use ComPilot as a platform for business-to-business crypto compliance.