CleverChain
CleverChain provides an easy system for regulated organisations such as financial institutions, fintechs, and crypto asset companies to perform customer risk assessments effortlessly. With seamless automation, CleverChain quickly finds and identifies high-risk profiles in near real-time. The platform shows how likely a match the profile is, and points out any dangers and associated risks, helping companies to streamline AML compliance.
Award-winning AML software
Brief
CleverChain, a software startup without a tech department or developers, needed the Vodworks team to cover all technical aspects, including:
- Software process and lifecycle management, including planning, estimations, and turning business requirements into software specifications.
- High-level design, architecture, and implementation expertise.
- Core development of features and deployment of services in both QA and Production stages.
- Debugging and fixing runtime issues.
- Automation testing and scheduled operations.
Approach
The main challenge in developing the app was gathering information from diverse tech sources, combining all this multifaceted data, and then conducting a final risk profile.
The Vodworks team delivered comprehensive end-to-end development services, encompassing the entire project lifecycle. This included project UI/UX design, development, testing, and deployment phases, showcasing a commitment to excellence at every stage of the development process.
Development lifecycle
Conceptualization
Creation of the product's requirements, validated against the initial problem it aimed to solve, and small POCs to validate the technological design.
Design
App's architecture and UI/UX design to ensure a foundation for development.
Development
Following agile methodology, with each sprint contributing to the realisation of the envisioned solution.
Deployment
The features, tested by our QA team and approved by the product owners, are deployed next for customer use: first into the Demo environment, then to Production. This process ensures we deliver high-quality features with minimal bugs, enhancing the user experience.
Team
Backend Engineers
Project Manager
Designer
Frontend Engineers
QA Engineers
Tech stack
Services We Provided
Technical Strategy and PoC
Backend Development
UI/UX Design and Development
Data Engineering
AI/ML Implementation
Project Management
Outcome
Features
AML Compliance
Anti-Money Laundering feature
Screening & Risk Profiling
Screen entities (Individual & Business) to do risk profiling with a complete report
Profile Monitoring
Monitoring captured profiles and generating alerts based on risk status change
UBO Calculations for Shareholders
UBO (Ultimate Beneficial Owner) calculation and screening of each entity based on their shares within the company
Reporting on High-Risk Profiles
Get in Touch with us
Thank You!
Thank you for contacting us, we will get back to you as soon as possible.
Our Next Steps
- Our team reaches out to you within one business day
- We begin with an initial conversation to understand your needs
- Our analysts and developers evaluate the scope and propose a path forward
- We initiate the project, working towards successful software delivery