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Beyond Chainalysis: Why VASPs Are Switching to SkyInsights for Crypto Compliance
4/25/2024

For nearly a decade, Chainalysis has been at the forefront of blockchain analytics and crypto compliance, providing comprehensive coverage across a range of blockchains and tokens, and setting industry benchmarks with its data attribution and labeling capabilities.

However, leading the pack often comes with its own set of challenges, including a potential disconnect from the evolving needs of users. This gap is shown by annual price hikes, undisclosed fees, and a noticeable decline in customer support. As Chainalysis grapples with these issues, it opens the door for new competitors to offer comparable access to data, features, and support at much more attractive prices. These new entrants boast modern architecture, minimal technical debt, and a focus on equipping compliance analysts with the essential tools and functionalities needed to excel in their roles.

Beyond Chainalysis: Why VASPs Are Switching to SkyInsights for Crypto Compliance

SkyInsights changes the compliance game. As a forward-thinking, cost-effective, and high-performance solution, SkyInsights is a superior choice for those looking to make a shift from the escalating costs and constraints associated with services like Chainalysis.

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Try out the free Wallet Screening tool to get a taste of what SkyInsights can do for you.

Why Switch to SkyInsights?

Cost: The major advantage of SkyInsights is its pricing model. Designed to cater to a broad range of clients, from startups to large enterprises, it provides more affordable plans without compromising the quality of service. This makes it an attractive option for businesses looking to reduce operational costs without sacrificing on security and compliance.

Technology: SkyInsights employs state-of-the-art technology, including machine learning algorithms, to analyze blockchain data. This approach allows for more accurate and faster detection of anomalies, fraudulent activities, and security vulnerabilities.

Interface: SkyInsights offers a more intuitive interface than Chainalysis. This ensures that users can efficiently utilize the platform's features to their fullest potential, regardless of their technical expertise.

Coverage: SkyInsights offers broader coverage of blockchains and smart contracts, providing users with insights into emerging cryptocurrencies and onchain platforms. SkyInsights leverages over one billion address and incident labels from our databases that have covered the industry since before DeFi was even a term.

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Making the Switch: A Strategic Move

For businesses and organizations currently using Chainalysis, transitioning to SkyInsights is a strategic move towards embracing a more modern, cost-effective, and performance-oriented tool.

Get in touch today, start your free trial, and begin your journey toward a more secure and cost-effective crypto compliance solution today.

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