Solutions for OTC desks
AML Screening for OTC Desks and Brokers
An OTC desk does not process a stream of small payments. It settles a handful of very large trades, each with a counterparty it may deal with once. AMLOfficer is the check that fits between the quote and the settlement: one address, read through four AML data providers, with an answer fast enough to still be part of the deal.
Desks work from a business account, and commercial terms follow the volume you actually put through it — the number appears in the account once you register.
One trade, one chance to look
The recurring problem on a desk is not fraud detection in the abstract. It is that the source of a counterparty's funds is opaque at the exact moment the size of the trade makes it matter most. A desk rarely has a relationship history to fall back on, the window between agreeing the price and moving the funds is short, and once settlement happens there is no unwinding it.
That makes a desk's compliance work concentrated rather than continuous. Very few decisions, each one heavy. What helps is not automation of a pipeline — it is a check an analyst or a trader can run in the moment, on the one address the deal turns on, and a record of it afterwards.
Where the check sits in a deal
Before you quote
Screening the counterparty's address while the trade is still a conversation is the cheapest point in the whole process. Nothing has been promised, and the desk still has every option — including declining without an explanation it does not want to give.
Before the funds move
The address that will actually send or receive is not always the address discussed earlier. Re-checking the settlement address is what turns pre-trade due diligence into something that describes the trade you are really doing.
After settlement
A counterparty you expect to see again is worth keeping under monitoring: the address is added once, and a change in what it is exposed to arrives as an alert rather than as a surprise during the next negotiation.
When someone asks later
Reports stay attached to the address, so the desk can show what it knew and when it knew it — the part of due diligence that only matters once, and matters completely.
Four opinions on an address, not one
AMLOfficer aggregates four AML providers, including BitOK, Global Ledger and Beosin. The point of aggregation is disagreement: providers draw on different datasets, and an address one of them calls clean is regularly flagged by another.
On a desk that argument needs no elaboration. When a single trade can be worth more than a month of ordinary flow, a second opinion on the counterparty's address is not redundancy — it is the difference between a decision and a guess. Where providers disagree, the desk sees the disagreement rather than an averaged verdict.
Run the check where the deal is happening
Desks close trades on the phone, in a chat, at an airport. The tooling has to accept that. Wallet reports and alerts work from Telegram, so a trader can request a check and read the answer without opening anything else, while the analyst behind them works the same case in the dashboard with the full report in front of them.
Desks that book trades through their own system can go further and call the API instead, so the check is triggered by the deal ticket rather than by someone remembering. Manual and integrated use are the same product; a desk usually starts with the first and adds the second when volume justifies it.
Either way the work is shared: business accounts support role-based access and shared investigations, which is what lets a trader raise a question and a compliance officer answer it on the same case.
OTC compliance: common questions
Can a trader run a check without waiting for the compliance team?
Yes. Checks run from the dashboard or from Telegram, and the report is shared with the rest of the team through the account — so speed on the desk does not cost you the record afterwards.
Do we need an integration to start?
No. The manual tools in the web interface are the whole product for most desks. The API is there for desks that want checks triggered from their own booking system.
What does a check tell us about the counterparty?
It describes the address, not the person: where its money has been and what it has been close to. Who the counterparty is remains your own due diligence — this is the part of it that the chain can answer.
Can we keep watching a counterparty between trades?
Yes. Add the address to monitoring and choose the depth you need — deposits, withdrawals, or its full history — and alerts on it reach the dashboard and your Telegram group.
What does it cost for a desk?
Commercial terms scale with volume and appear in the account after registration. A desk that wants shared access and monitoring works from a business account.
Check the next counterparty before you settle
Open a business account to screen counterparty addresses, keep the ones you deal with regularly under monitoring, and give your desk and your compliance officer the same case to work on.
The counterparty check itself, run from the dashboard or from Telegram between quote and settlement.
What a settlement address has been close to, read across four AML data providers at once.
For counterparties you deal with again: keep their wallets under watch rather than re-checking each time.