Softronic signs partnership with VALEGA Chain Analytics regarding crypto transaction monitoring within CM1

IR News | 3 Jan 2023

Softronic is happy to announce a partnership with VALEGA Chain Analytics to add in the possibility for crypto transaction monitoring as part of their offering in their leading AML-platform CM1.

CM1 is a system that supports the AML processes both for onboarding customers as well as continuous follow-up of customer relationships and transaction monitoring.

– By merging the two technologies, we can position ourselves for ongoing crypto adoption across our networks without the fear of illicit activities, says Sandra Madstedt, Business Manager CM1 at Softronic.

As a starting point this opportunity gives customers the possibility to enhance their crypto transactions information and further deliver a complete transaction Monitoring solution for traditional currencies as well as cryptocurrencies all in one go.

– We are very happy to have this partnership with Softronic and CM1. It brings innovation opportunities and bridges a gap that has long needed to be bridged. It shows that the financial industry in both the decentralized and centralized are headed in the right direction. It will now be a lot safer as well as more transparent to transact between currencies leading to greater financial inclusion possibilities for all, says Sven Martinsson, Founding Partner & CEO at VALEGA Chain Analytics.

Contact persons

Sandra Madstedt, Business Manager CM1 at Softronic
Phone + 46 70 – 881 31 53

Charlotte Eriksson, CEO, Softronic AB (Publ)
Phone: + 46 70 – 454 55 43

Sven Martinsson, Founding Partner & CEO at VALEGA Chain Analytics
Phone: +358 45 – 1807 288

About Valega
We offer corporate customers an easy-to-use compliance tool, which analyses the data in monetary transactions, we will promote greater transparency and security within the Blockchain. This will, in turn, lead to greater innovations and trustworthy adoption of Blockchain technology worldwide.

About Softronic
GoodTech – Technology for a sustainable society. Softronic offers innovative digital solutions that contributes to a more sustainable future.  We help our customers create innovative and reliable digital services, which are meant to simplify people’s lives and jobs. Our services in IT and management range from consulting and new development to administration and operation. The customers are mainly medium-sized and larger companies and organizations in Sweden. Softronic, which was founded in 1984, is listed on the Stockholm Stock Exchange, Nasdaq OMX, and has approximately 405 employees in Stockholm, Gothenburg, Malmö, Sundsvall and Arjeplog.