KPMG’s cryptocurrency management suite has expanded with the company’s integration with Coin Metrics products. KPMG’s new tool “is designed to increase the adoption of crypto assets by institutions.”

KPMG has enhanced its encryption management suite

KPMG LLP announced on Tuesday that it has formed a strategic alliance with Coin Metrics Inc, an encryption market and network data provider. This allows the company to provide customers with “Coin Metrics’ full set of institutional data products and infrastructure suites” and “KPMG Chain Fusion is a patent-pending functional suite,” the announcement stated:

Through this strategic alliance, KPMG and Coin Metrics will provide a set of complementary products and services aimed at increasing the adoption rate of encrypted assets and public blockchains in institutions.

KPMG LLP (KPMG LLP) is a US member company of the KPMG Global Organization, which operates in 147 countries and regions. It is one of the top four accounting firms of PWC, Deloitte and EY.

The combined products include Farum and Atlas, the latest products in the Coin Metric network data suite. KPMG stated that Farum is a blockchain cyber risk management tool that allows “organizations to monitor and manage cyber attacks, transaction restructuring, fee fluctuations and abnormal cyber incident risks”. Atlas enables users to access data on the original chain using the blockchain browser API.

Sal Ternullo, co-head of KPMG’s cryptocurrency services, said: “The integration of Coin Metrics’ Atlas and Farum products with KPMG Chain Fusion provides a reliable foundation for the adoption of digital assets.”

What do you think of KPMG’s encryption strategy? Let us know in the comments section below.

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