Metrika Collaborates with Zodia Custody for Enhanced Digital Asset Risk Management
Cambridge, MA, USA, July 2, 2024 / FinanceWire /
Zodia Custody, a prominent institution-focused digital asset custodian supported by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has forged a strategic alliance with Metrika, a leading platform for managing risks associated with digital assets.
As digital assets and blockchain technology gain wider acceptance, managing the inherent risks becomes increasingly crucial. Metrika aids financial institutions in navigating blockchain complexities by integrating traditional finance risk management principles tailored to digital asset nuances. The platform automates risk assessment and compliance processes, optimizing operations and enabling teams to prioritize strategic initiatives. With robust frameworks for risk management and continuous monitoring, institutions can demonstrate their commitment to mitigating risks and complying with regulations, thereby enhancing trust and credibility among stakeholders.
“Partnering with Metrika, a like-minded entity, represents a natural progression for us to advance risk management in the digital asset industry,” remarked Anoosh Arevshatian, Chief Risk Officer of Zodia Custody. “Our collective expertise in security, compliance, and risk management will provide a significant advantage for institutions entering and engaging in this space, ensuring they operate under institutional-grade standards with added confidence and peace of mind.”
Nikos Andrikogiannopoulos, Founder & CEO of Metrika, echoed this sentiment: “Metrika is thrilled to collaborate with Zodia Custody, leveraging their unparalleled proficiency in secure digital asset storage and management. This partnership underscores our mutual dedication to delivering top-tier risk management solutions for digital assets. Zodia Custody’s leading custody infrastructure, combined with Metrika’s continuous risk monitoring and effective management, significantly enhances the value proposition for our institutional clients.”
Both Metrika and Zodia Custody will discuss their collaboration and the future of digital asset risk management at the “Navigating the Future of Digital Asset Risk Management” workshop during the Point Zero Forum on July 2 in Zurich, Switzerland. The workshop will delve into the complexities of managing risks associated with digital assets, regulatory trends, technological advancements including AI, and industry best practices.
### About Zodia Custody
Zodia Custody, backed by Standard Chartered, Northern Trust, SBI Holdings, and National Australia Bank, stands as the leading institution-first digital asset custodian. It empowers institutional investors worldwide to harness the full potential of the digital asset landscape securely and seamlessly. Through cutting-edge technology, robust custody solutions, governance, and compliance frameworks, Zodia Custody meets the intricate needs of institutional investors.
Zodia Custody adheres to the 5AMLD requirements and upholds standards equivalent to those of Standard Chartered regarding AML, FCC, and KYC. It also complies with the FATF Travel Rule. Zodia Custody Limited is registered with the FCA in the UK as a crypto asset business under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. Zodia Custody (Ireland) Limited is registered with the Central Bank of Ireland as a VASP under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (as amended), established in Ireland in August 2021. Zodia Custody Limited is registered with the CSSF in Luxembourg as a Virtual Asset Service Provider under Article 7-1 (2) of the law dated 12 November 2004 on the fight against money laundering and terrorist financing, as amended. Zodia Custody (Hong Kong) Limited is registered with the Registry for Trust and Company Service Provider with License Number TC009245 under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), Cap. 615, for its custodial activities in digital assets.
### About Metrika
Metrika leads the industry in blockchain risk management, facilitating proactive risk assessment and compliance across digital asset services. Implement strategic risk frameworks, navigate regulatory compliance, and safeguard operations with ongoing monitoring and surveillance. Learn more at [www.metrika.co](http://www.metrika.co).
### Contact
Rich Went
[email protected]
