Virtual Asset Service Providers · AML · KYC · Travel Rule · Sanctions

VASP Compliance Software Development

Custom AML/KYC compliance infrastructure for Virtual Asset Service Providers — built to your jurisdiction. VARA UAE · MiCA EU · FCA UK · MAS Singapore · FinCEN USA. Code you own. Not another SaaS licence.

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✓ VARA · MiCA · FCA · MAS compliant ✓ Code ownership — no SaaS lock-in ✓ 8–12 week delivery ✓ Blockchain analytics integration

VASP Compliance Platform — Core Modules

A complete compliance stack for crypto exchanges, wallet providers, payment processors, and digital asset businesses — every module engineered to your regulator's requirements.

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KYC / KYB

Customer Onboarding — KYC & KYB

  • Individual KYC: ID document verification, liveness, biometric match
  • Corporate KYB: UBO mapping, company registry, directorship
  • Risk-tiered onboarding (simplified, standard, enhanced)
  • Politically Exposed Persons (PEP) screening
  • Adverse media screening
  • Document expiry monitoring + re-KYC alerts
  • Jurisdiction-specific ID documents (UAE Emirates ID, EU eIDAS, UK DVS)
  • Aadhaar / DigiLocker KYC for India clients
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AML

AML Transaction Monitoring

  • Rule-based + ML transaction risk scoring
  • Blockchain analytics integration (Chainalysis KYT, Elliptic, TRM Labs)
  • Wallet risk profiling (source of funds)
  • Structuring / smurfing detection
  • Velocity checks (daily / weekly / monthly limits)
  • Peer-to-peer transfer monitoring
  • Nested exchange detection
  • Alert prioritisation and case triage
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Sanctions

Sanctions Screening

  • Real-time screening: OFAC, EU, UN, HM Treasury, UAE (Cabinet Resolution 83)
  • Name matching with fuzzy logic + transliteration
  • Wallet address screening against sanctioned lists
  • Continuous monitoring (list update alerts)
  • False positive reduction workflow
  • Audit trail for every screening decision
✈️
Travel Rule

Travel Rule Compliance (FATF)

  • Originator + beneficiary VASP data exchange
  • IVMS101 data format compliance
  • Counterparty VASP verification (VASP directory)
  • Sunrise issue handling (unhosted wallets)
  • Self-hosted wallet ownership verification
  • UK Travel Rule (PSR 2017, Oct 2023)
  • EU TFR (Regulation 2023/1113)
  • MAS Notice PSN 2023
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Reporting

Regulatory Reporting

  • SAR / STR submission workflow + narrative generation
  • goAML integration (UAE FIU)
  • UK NCA SAR online system
  • CTR (Currency Transaction Report) for US FinCEN
  • VARA periodic reporting data preparation
  • MiCA ESMA reporting modules
  • Management information reporting (board-level)
  • Audit-ready case documentation
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AI

AI Compliance Agents

  • AML alert triage agent (investigates & summarises alerts)
  • KYC review agent (document classification + risk scoring)
  • SAR narrative drafting copilot
  • Compliance Q&A RAG (internal policy search)
  • Regulatory change monitoring agent
  • Case management copilot for compliance officers

Jurisdiction-Specific Compliance Builds

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UAE — VARA VASP Compliance Platform

  • VARA Rulebook: Virtual Assets and Related Activities Regulations 2023
  • CBUAE AML/CFT Guidelines for VASPs
  • goAML STR/SAR submission integration
  • Cabinet Resolution 83/2021 sanctions compliance
  • UAE UBO register verification
  • DIFC / ADGM regulatory workflows (alternative)
  • Arabic-language compliance UI
  • Ongoing monitoring aligned to VARA inspection requirements
🇪🇺

EU — MiCA CASP Compliance Platform

  • Markets in Crypto-Assets Regulation (MiCA) — Titles III, IV, V
  • CASP (Crypto Asset Service Provider) licence compliance
  • ART / EMT issuer compliance modules
  • AMLD6 implementation
  • EU Transfer of Funds Regulation (TFR) Travel Rule
  • ESMA reporting templates
  • DORA operational resilience requirements
  • EU GDPR data architecture
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UK — FCA Crypto Compliance Platform

  • FCA Crypto Asset Registration (CASAR) — MLR 2017
  • UK Travel Rule (PSR 2017, effective October 2023)
  • UK Financial Promotions Regime for crypto
  • NCA suspicious activity reporting workflow
  • HMRC DAC8 / crypto asset reporting
  • UK GDPR data processing compliance
  • FCA consumer duty alignment
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Singapore — MAS PSA Compliance Platform

  • Payment Services Act 2019 — DPT service provider
  • MAS Notice PSN02 — AML/CFT for DPT
  • MAS Travel Rule Notice PSN 2023
  • Suspicious Transaction Reporting (STR) to STRO
  • MAS Technology Risk Management guidelines
  • PDPA data compliance
  • MAS annual return data preparation

Why Custom Compliance Software — Not SaaS

🔐 Data Privacy

Your customer KYC data stays in your infrastructure. No sharing with a SaaS vendor's multi-tenant database. Fully audit-able data residency.

⚙️ Business Model Fit

Generic compliance SaaS is built for standard exchanges. Your business model — OTC, institutional brokerage, payment rails, DeFi — needs custom risk rules, not templates.

📋 Regulator Confidence

Regulators increasingly ask how your system works — not just what vendor you use. Owning your compliance code means you can explain every decision rule to VARA, FCA, or MAS.

💰 Total Cost

SaaS compliance platforms charge per-transaction or per-user fees that scale to $200K+/year at volume. A custom build at $50–80K is often cheaper over 2 years.

🔗 Integration Depth

Connect to your exact banking providers, custodians, and internal systems — not just the integrations on the SaaS vendor's approved list.

🚀 Competitive Edge

Compliance as a product feature — faster onboarding, lower false positives, better client experience — differentiates you from competitors using the same generic platform.

Frequently Asked Questions

What is a VASP compliance software platform? +

A VASP (Virtual Asset Service Provider) compliance platform is the software infrastructure that enables a crypto business to meet its AML/CFT, KYC, sanctions screening, Travel Rule, and regulatory reporting obligations. It replaces manual processes and generic spreadsheets with automated, auditable compliance workflows.

How long does VASP compliance software development take? +

A core compliance platform (KYC onboarding, transaction monitoring, sanctions screening, case management) takes 8–12 weeks. Adding jurisdiction-specific modules (Travel Rule, regulatory reporting, AI agents) adds 4–6 more weeks. Full enterprise compliance infrastructure: 16–20 weeks.

How much does it cost to build a VASP compliance platform? +

A compliance overlay for an existing exchange (integrating AML monitoring, sanctions screening, and case management via API) starts at $30K–$50K. A full standalone compliance platform with KYC, AML, Travel Rule, and reporting costs $80K–$200K depending on jurisdictions covered and AI features.

Can you integrate with Chainalysis or other blockchain analytics?

Yes. We integrate with Chainalysis KYT/Reactor, Elliptic Lens/Forensics, TRM Labs, Merkle Science, and other providers. We also build bespoke blockchain analytics pipelines that don't share your transaction data with third parties — important for some institutional clients.

Do you support ongoing compliance updates as regulations change?

Yes. We offer an ongoing retainer for regulatory update implementation — adding new rule sets, updating risk parameters, and building new reporting modules as VARA, FCA, MiCA, and other frameworks evolve. Most clients engage us on a quarterly retainer after go-live.

Build Your VASP Compliance Platform

Talk to our compliance engineering team. We'll map your regulatory requirements, design the architecture, and deliver a fixed-price proposal within 5 business days.

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Related: Crypto Software Development · Enterprise Software India

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