Skip to main content

Entity Due Diligence

Bartosz Krzewiński
  • Updated

 

Business Description

Lukka has established a global standard for Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance tailored specifically for blockchain applications. This standard is built on the robust capabilities of the Lukka Blockchain Analytics platform. A key feature of this platform is the Monitoring Panel, a tool that allows users to monitor and receive real-time alerts on AML risks associated with specific blockchain addresses and their transactions.

 

Access

The Monitoring Panel tool is accessible through the Blockchain Analytics Dashboard or by selecting the “Monitoring Panel” button on the left navigation bar.

 

Sections

  1. Dashboard: Provides an overview of alerts for each monitored address, grouped by days and alert types.
  2. Monitored Addresses: Displays all monitored addresses grouped by categories and subcategories, including the overall risk score for each group and detailed views for each address.
  3. Transaction View: Shows real-time information about all incoming and outgoing transactions for monitored addresses, with links to detailed transaction information in the Blockchain Browser.
  4. Administrator Panel: Allows users with the appropriate permissions to set up alerts, configure email settings, and manage monitored addresses (add, edit, delete).

 

Dashboard Detailed Description

Alerts Overview:

  • Displays all triggered alerts for monitored addresses, grouped by days with the number and types of alerts.
  • Users can expand each day and alert type to view detailed information, including the address, alert status, trigger details, and date.
  • A “DETAILS” button provides a popup with comprehensive alert information and options to change alert statuses.

 

Monitored Addresses Detailed Description

Addresses Overview:

  • Presents all monitored addresses by categories and subcategories, displaying the number of addresses, total USD balance, and average c-score.
  • Expanding each group reveals detailed information about each address, including blockchain type, USD balance, and c-score, with a “SEE DETAILS” button for further details.

 

Transaction View Detailed Description

Transaction View:

  • Lists all incoming and outgoing transactions for the monitoring period for each monitored address, helping users track suspicious activities and balance changes.
  • Includes details such as category, subcategory, monitored address, USD amount, balance, transaction time, hash, and counterparty addresses.

 

Administrator Panel Detailed Description

Email Configuration:

  • Allows adding organization and non-organization email addresses for receiving notifications.
  • Users can add addresses manually or via CSV file, with options to define alert types and settings for different categories and specific addresses.

 

Alert Types:

  • Risk Level Change
  • C-score Change
  • New Risk Indicator
  • New Transaction
  • Transaction Over Threshold
  • Significant Balance Change

 

Address Details Detailed Description

Address Details:

  • Summarizes c-score changes, transactions, and alerts for a specific address.
  • Alerts Section: Displays all triggered alerts since monitoring began, with filtering options and status changes.
  • Transaction and Financial Analysis Section: Shows all transactions with charts for daily summaries and balance changes.
  • C-score History Section: Provides c-score change information with historical charts.

 

Extensively Used Addresses

  • Includes addresses involved in frequent transactions, such as smart contracts, exchange hot wallets, and protocol addresses.
  • Alerts for these addresses are consolidated and sent once daily to avoid excessive notifications.

 

Knowledge Base

  1. What is the AML Risk Report?
    An AML Risk Report helps businesses assess and manage money laundering risks by analyzing data points to identify suspicious activities, ensuring compliance with international regulations.
  2. How do I generate a report for wallet addresses?
    Log in and navigate to the home page or reports page. Paste the address, select the blockchain/token and report type (standard, enhanced, simplified), and generate the report.
  3. What does C-Score mean? What are the ranges of the low, medium, and high scores?
    The C-Score, ranging from 0 to 99, indicates the risk level of blockchain addresses based on transaction patterns. Ranges: Low (0-32), Medium (33-65), High (66-99).
  4. What if I think the C-Score is too low/high?
    Contact the Service Desk for any doubts regarding the risk rating.
  5. What will I find in the standard report?
    The standard report includes the address summary, risk indicators, wallet owner analysis, and transaction details.
  6. What will I find in the enhanced report?
    The enhanced report includes all standard report data plus detailed wallet activity analysis, including all tokens.
  7. What will I find in the simplified report?
    The simplified report is a streamlined version focusing on offchain data without detailed transaction activity analysis.
  8. Can I check the history of generated reports?
    All generated reports are accessible online or downloadable as PDFs or via API in the AML Risk Report section.
  9. While trying to generate the report I get a ‘402’ response, why?
    A 402 response indicates a lack of available reports on your account. Check your report balance and contact the sales team to purchase additional reports.

Related articles