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Screening Risk Control App – User Guide

Updated over 4 months ago

1. What is the Screening App?

The Screening App is an embedded risk control application provided within the Cobo Custody platform. It is designed for enterprise users to identify risky addresses before transactions are executed, helping to block fund transfers to high-risk destinations and ensure compliance with regulatory requirements.

By integrating with external blockchain risk intelligence services (e.g., TRM Labs), Screening provides a full-chain solution for address-level risk detection and control.


2. Key Capabilities & Benefits

✅ Real-Time Address Risk Detection

  • Integrates with risk intelligence providers like TRM Labs.

  • Detects sanctioned, fraudulent, dark web, hacked, or other high-risk addresses.

  • Flexible risk threshold configuration by score or category.

✅ Auto Blocking & Alerts

  • Automatically blocks transactions involving risky addresses.

  • Alert logs are generated for administrators to review and trace incidents.

  • Notifies initiators of blocked transactions with clear reason codes.

✅ Customizable Risk Policies

  • Configurable risk level thresholds (e.g., block only “High” or “Severe” risk).

  • Whitelisting support for trusted addresses to avoid false positives.

  • Optional integration with approval workflows for higher control.

✅ Security & Compliance

  • Supports AML (Anti-Money Laundering), OFAC compliance, and internal audit readiness.

  • Adds an essential risk control layer for enterprise on-chain operations.


3. Typical Use Cases

Scenario

Risk Concern

Screening Use

Large outbound transfers

Manual address input errors

Auto-blocking of flagged addresses

Settlements with unknown wallets

Unverified counterparty risk

Risk score detection via third-party services

Regulatory compliance

Missing on-chain KYC/AML checks

Address-level blacklist enforcement

DAO or multi-signature transfers

Shared management with low visibility

Pre-trade risk screening with approval fallback


4. How to Access & Use

📍 Access Path:

  1. Log in to Cobo Portal

  2. Navigate to Apps > Screening App

  3. Open the embedded app to begin configuration

🧭 Setup Steps:

  1. Enable the App from the App Center

  2. Connect a Risk Service (e.g., TRM Labs)

  3. Set Risk Policies (risk thresholds, whitelist, approval logic)

  4. Go Live – all outbound transactions are screened in real time


5. Best Practices & Notes

  • Screening currently applies to outbound transactions only.

  • To reduce false positives, maintain a trusted whitelist of frequent counterparties.

  • For optimal performance, configure with a dedicated TRM API key.

  • Strongly recommended to use with Guard App (for multi-approval flow).


6. FAQs

Q1: Will Screening delay transaction speed?

A: No noticeable delay. Risk checks run in milliseconds.

Q2: Which chains are supported for risk analysis?

A: Depends on the connected provider. TRM Labs covers Ethereum, Tron, BSC, Polygon, and more.

Q3: Can Screening work with other embedded apps?

A: Yes – we recommend pairing with Guard to build a secure and controlled transaction flow.


7. Need Support?

For help with setup, TRM integration, or custom policy design, please contact your account manager or email us at: [email protected]

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