---
title: "Managing counterparty risks: Conduct materiality-based investigations with Cryptio"
description: Streamline accounting and manage fraud risk by tracking all transactions, ordered by materiality with each counterparty.
image: https://blog.cryptio.co/hubfs/Related%20parties%20module_header.png
---

[![Cryptio logo](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/logo-black.svg "Cryptio logo")](https://cryptio.co/)

- Solutions
  
  
  
  ![accounting-firms-green-bordered.b2040145-3](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-3.svg)
  
  
  
  ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax)
  
  [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax)
  
  
  
  
  
  ![internal-controls-green-bordered.eaefa46d-1](https://blog.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d-1.svg)
  
  
  
  ##### [Internal controls](https://cryptio.co/solutions/internal-controls)
  
  [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls)
  
  
  
  
  
  ![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)
  
  
  
  ##### [Reconciliation](https://cryptio.co/solutions/reconciliation)
  
  [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation)
  
  
  
  
  
  
  
  [![build-vs-buy-guide.64b11d10-1](https://blog.cryptio.co/hubfs/build-vs-buy-guide.64b11d10-1.svg)](https://landing.cryptio.co/build_vs_buy)
  
  ##### [Build your back-office](https://landing.cryptio.co/build_vs_buy)
  
  Learn why leading enterprises choose to buy   
  rather than build their own back-office solutions
  
  [Download guide](https://landing.cryptio.co/build_vs_buy)
- Use cases
  
  
  
    - <https://cryptio.co/use-cases/banks> **![banks-exchanges-green-bordered.349e49cf-1](https://blog.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf-1.svg)**
      
      ###### Banks
      
      Enterprise back-office with internal controls to ensure accurate reporting
    - <https://cryptio.co/use-cases/exchanges-brokers> **![Nav bar icons_CeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_CeFi.svg)**
      
      ###### Exchanges & Brokers
      
      Get audit-ready and reconcile on-chain activities with internal systems
    - <https://cryptio.co/use-cases/stablecoins> **![Nav bar icons_Stablecoins](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Stablecoins.svg)**
      
      ###### Stablecoins
      
      Auditable on-chain tracking for institutional grade reporting
    - <https://cryptio.co/use-cases/wallet> **![Nav bar icons_Wallet](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)**
      
      ###### Wallets
      
      Track and report on cross-chain revenue and expenses
    - <https://cryptio.co/use-cases/defi-enterprise> **![Nav bar icons_DeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_DeFi.svg)**
      
      ###### DeFi Enterprise
      
      Transform on-chain DeFi activity into auditable financial statements
    - <https://cryptio.co/use-cases/on-off-ramps> **![Nav bar icons_On & Off Ramp](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_On%20%26%20Off%20Ramp.svg)**
      
      ###### On & Off Ramps
      
      Reconcile crypto order fulfillment for auditable financial statements
    - <https://cryptio.co/use-cases/storage-providers> **![Nav bar icons_Storage Provider](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)**
      
      ###### Storage Providers
      
      Automated accounting for storage provision revenue and expenses
    - <https://cryptio.co/use-cases/bitcoin-miners> **![Nav bar icons_Miners](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)**
      
      ###### Miners
      
      GAAP and IFRS-grade financial reporting including impairments
    - <https://cryptio.co/use-cases/exchange-traded-crypto> **![Nav bar icons_Exchanges](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)**
      
      ###### Exchange Traded Crypto
      
      Auditable accounting and NAV reporting for on-chain activities
    - <https://cryptio.co/use-cases/nft-marketplaces> **![Nav bar icons_NFT_marketplaces](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)**
      
      ###### NFT Marketplaces
      
      Transform on-chain NFT activities into auditable financial statements
    - <https://cryptio.co/use-cases/nft-enterprises> **![Nav bar icons_NFT_Enterprises](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)**
      
      ###### Enterprise NFTs
      
      Auditable revenue reporting for branded NFT activities inc. royalties
    - <https://cryptio.co/use-cases/gaming> **![Nav bar icons_Videogame](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)**
      
      ###### Gaming
      
      Transform on-chain activities into auditable financial statements
    - <https://cryptio.co/use-cases/public-sectors> **![public-sectors-green-bordered.b77716e2](https://blog.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)**
      
      ###### Public Sectors
      
      Verify financial statements and tax filing accuracy for digital asset
    - <https://cryptio.co/use-cases/blockchain-foundations> **![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)**
      
      ###### Blockchain Foundations
      
      Help your ecosystem meet its accounting and reporting requirements
    - <https://cryptio.co/partners> **![accounting-firms-green-bordered.b2040145-2](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)**
      
      ###### Accounting Firms
      
      Join 50+ world-class accounting, audit, tax, and advisory firms
- [Partners](https://cryptio.co/partners)
- Learn
  
  
  
  ##### [Blog](https://blog.cryptio.co/)
  
  [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/)
  
  
  
  
  
  ##### [Courses](https://cryptio.co/learn)
  
  [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn)
  
  
  
  
  
  
  
  [![stablecoin-reporting-nav.d2d366b0](https://blog.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  Best practices for stablecoin accounting & reporting
  
  [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  
  
  [![fair-market-value-accounting-nav.2bb55e56](https://blog.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide)
  
  ##### [Fair Market Value Accounting](https://landing.cryptio.co/fmv-accounting-guide)
  
  Transition to the newFASB FMV rules
  
  [Download guide](https://landing.cryptio.co/fmv-accounting-guide)
  
  
  
  [![month-end-reconciliation-nav.9eb360bc](https://blog.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  Best practices for your month-end processes
  
  [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  
  
  [![how-to-get-audit-ready-nav.a0fbb70b](https://blog.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  ##### [Get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  Completeness & accuracyfor on-chain businesses.
  
  [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  
  
  [![build-your-back-office-nav.7bffac50](https://blog.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook)
  
  ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook)
  
  Accounting & reportingfor crypto-native businesses
  
  [Download guide](https://landing.cryptio.co/guides/back-office-playbook)
- [Pricing](https://cryptio.co/pricing)
- [Careers](https://cryptio.co/careers)

[![Sign in](https://no-cache.hubspot.com/cta/default/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425)

[![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c)

![Menu](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/hamburger_menu.svg) ![Menu](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/cross.svg)

## Menu

- Solutions
  
  
  
  ![accounting-firms-green-bordered.b2040145-3](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-3.svg)
  
  
  
  ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax)
  
  [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax)
  
  
  
  
  
  ![internal-controls-green-bordered.eaefa46d-1](https://blog.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d-1.svg)
  
  
  
  ##### [Internal controls](https://cryptio.co/solutions/internal-controls)
  
  [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls)
  
  
  
  
  
  ![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)
  
  
  
  ##### [Reconciliation](https://cryptio.co/solutions/reconciliation)
  
  [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation)
  
  
  
  
  
  
  
  [![build-vs-buy-guide.64b11d10-1](https://blog.cryptio.co/hubfs/build-vs-buy-guide.64b11d10-1.svg)](https://landing.cryptio.co/build_vs_buy)
  
  ##### [Build your back-office](https://landing.cryptio.co/build_vs_buy)
  
  Learn why leading enterprises choose to buy   
  rather than build their own back-office solutions
  
  [Download guide](https://landing.cryptio.co/build_vs_buy)
- Use cases
  
  
  
    - <https://cryptio.co/use-cases/banks> **![banks-exchanges-green-bordered.349e49cf-1](https://blog.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf-1.svg)**
      
      ###### Banks
      
      Enterprise back-office with internal controls to ensure accurate reporting
    - <https://cryptio.co/use-cases/exchanges-brokers> **![Nav bar icons_CeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_CeFi.svg)**
      
      ###### Exchanges & Brokers
      
      Get audit-ready and reconcile on-chain activities with internal systems
    - <https://cryptio.co/use-cases/stablecoins> **![Nav bar icons_Stablecoins](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Stablecoins.svg)**
      
      ###### Stablecoins
      
      Auditable on-chain tracking for institutional grade reporting
    - <https://cryptio.co/use-cases/wallet> **![Nav bar icons_Wallet](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)**
      
      ###### Wallets
      
      Track and report on cross-chain revenue and expenses
    - <https://cryptio.co/use-cases/defi-enterprise> **![Nav bar icons_DeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_DeFi.svg)**
      
      ###### DeFi Enterprise
      
      Transform on-chain DeFi activity into auditable financial statements
    - <https://cryptio.co/use-cases/on-off-ramps> **![Nav bar icons_On & Off Ramp](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_On%20%26%20Off%20Ramp.svg)**
      
      ###### On & Off Ramps
      
      Reconcile crypto order fulfillment for auditable financial statements
    - <https://cryptio.co/use-cases/storage-providers> **![Nav bar icons_Storage Provider](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)**
      
      ###### Storage Providers
      
      Automated accounting for storage provision revenue and expenses
    - <https://cryptio.co/use-cases/bitcoin-miners> **![Nav bar icons_Miners](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)**
      
      ###### Miners
      
      GAAP and IFRS-grade financial reporting including impairments
    - <https://cryptio.co/use-cases/exchange-traded-crypto> **![Nav bar icons_Exchanges](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)**
      
      ###### Exchange Traded Crypto
      
      Auditable accounting and NAV reporting for on-chain activities
    - <https://cryptio.co/use-cases/nft-marketplaces> **![Nav bar icons_NFT_marketplaces](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)**
      
      ###### NFT Marketplaces
      
      Transform on-chain NFT activities into auditable financial statements
    - <https://cryptio.co/use-cases/nft-enterprises> **![Nav bar icons_NFT_Enterprises](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)**
      
      ###### Enterprise NFTs
      
      Auditable revenue reporting for branded NFT activities inc. royalties
    - <https://cryptio.co/use-cases/gaming> **![Nav bar icons_Videogame](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)**
      
      ###### Gaming
      
      Transform on-chain activities into auditable financial statements
    - <https://cryptio.co/use-cases/public-sectors> **![public-sectors-green-bordered.b77716e2](https://blog.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)**
      
      ###### Public Sectors
      
      Verify financial statements and tax filing accuracy for digital asset
    - <https://cryptio.co/use-cases/blockchain-foundations> **![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)**
      
      ###### Blockchain Foundations
      
      Help your ecosystem meet its accounting and reporting requirements
    - <https://cryptio.co/partners> **![accounting-firms-green-bordered.b2040145-2](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)**
      
      ###### Accounting Firms
      
      Join 50+ world-class accounting, audit, tax, and advisory firms
- [Partners](https://cryptio.co/partners)
- Learn
  
  
  
  ##### [Blog](https://blog.cryptio.co/)
  
  [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/)
  
  
  
  
  
  ##### [Courses](https://cryptio.co/learn)
  
  [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn)
  
  
  
  
  
  
  
  [![stablecoin-reporting-nav.d2d366b0](https://blog.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  Best practices for stablecoin accounting & reporting
  
  [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  
  
  [![fair-market-value-accounting-nav.2bb55e56](https://blog.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide)
  
  ##### [Fair Market Value Accounting](https://landing.cryptio.co/fmv-accounting-guide)
  
  Transition to the newFASB FMV rules
  
  [Download guide](https://landing.cryptio.co/fmv-accounting-guide)
  
  
  
  [![month-end-reconciliation-nav.9eb360bc](https://blog.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  Best practices for your month-end processes
  
  [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  
  
  [![how-to-get-audit-ready-nav.a0fbb70b](https://blog.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  ##### [Get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  Completeness & accuracyfor on-chain businesses.
  
  [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  
  
  [![build-your-back-office-nav.7bffac50](https://blog.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook)
  
  ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook)
  
  Accounting & reportingfor crypto-native businesses
  
  [Download guide](https://landing.cryptio.co/guides/back-office-playbook)
- [Pricing](https://cryptio.co/pricing)
- [Careers](https://cryptio.co/careers)

[![Sign in](https://no-cache.hubspot.com/cta/default/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425)

[![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c)

- ![LinkedIn](https://blog.cryptio.co/hubfs/LinkedIn.svg)
- ![Twitter](https://blog.cryptio.co/hubfs/Twitter.svg)

![](https://blog.cryptio.co/hubfs/Related%20parties%20module_header.png)

**[Tremaine Hudson](https://blog.cryptio.co/author/tremaine-hudson) |** September 27, 2023

- [Product News](https://blog.cryptio.co/tag/product-news)

## Managing counterparty risks: Conduct materiality-based investigations with Cryptio

## Managing counterparty risks: Conduct materiality-based investigations with Cryptio

**Streamline accounting and manage fraud risk by tracking all transactions, ordered by materiality with each counterparty.**

Since records of on-chain transactions do not contain traditional identifying information, crypto enterprises are likely to have a higher number of unidentified counterparties, posing risks and compliance issues for companies. That’s why Cryptio has built its **Related Parties Module.**

With the module, accounting and finance teams at crypto enterprises can streamline the process of identifying counterparties. As a crypto CFO or accountant, you can use the **Related Parties Module** to:

- Conduct materiality-based investigations to more easily identify counterparties.
- Generate complete transaction histories with all counterparties identified.
- Meet disclosure requirements for GAAP and IFRS, helping you to remain compliant with regulations.
- Mitigate counterparty risk.

### Identifying related parties is essential to achieving audit readiness

Accounting standards worldwide require businesses to disclose transactions such as sales, leases, service agreements and loan agreements with related parties.

The most common types of related parties are:

- Business affiliates;
- Shareholder groups;
- Subsidiaries;
- Minority-owned companies.

Since related party transactions may lead to conflicts of interest and potentially illegal situations, they are scrutinized closely by auditors and regulators. Due to the pseudo-anonymous nature of on-chain transactions, crypto enterprises have additional challenges in identifying all counterparties.

Therefore, identifying related party transactions might be difficult for crypto enterprises, posing a number of risks to the business, such as:

- **Completeness issues**: Unidentified related party transactions may lead to incomplete financial statements and inaccurate reporting.
- **Risk management challenges**: Conducting materiality-based investigations to monitor counterparty risk becomes difficult without a robust mechanism to identify related parties.
- **Compliance concerns**: Companies must comply with regulatory requirements for disclosing related party transactions, and the absence of a reliable system for identification can hinder this process.

![Related parties module_Image_1](https://blog.cryptio.co/hs-fs/hubfs/Related%20parties%20module_Image_1.png?width=2501&height=1419&name=Related%20parties%20module_Image_1.png)

### Internal controls around related party transactions are needed to pass audits

Crypto companies need to implement and maintain appropriate processes and controls around related party transactions to ensure audit success. If these controls are inadequate, you might face a prolonged audit, meaning fees increase, as does the likelihood of failing the audit.

Cryptio’s **Related Parties Module** is designed to help you mitigate counterparty risks. The module allows you to track all movements with unidentified counterparties across 35+ chains and determine the materiality of these interactions.

![Related parties module_Image_2](https://blog.cryptio.co/hs-fs/hubfs/Related%20parties%20module_Image_2.png?width=2501&height=1419&name=Related%20parties%20module_Image_2.png)

### A deep dive into the Related Parties Module

With the module’s features, you can streamline and simplify the process of identifying related parties and disclosing transactions with them. Let’s take a look at the two key features of the Related Parties Module.

**1. Counterparties identification**

The **Related Parties Module** features a dashboard where you can view comprehensive information about transactions involving unidentified counterparties.

The number of interactions associated with each address is listed in the dashboard and the fiat value of all the movements. This allows you to determine the materiality of transactions with each counterparty and identify the most significant related parties.

You must disclose in your financial statements the number and value of movements with addresses where there is material activity. This dashboard allows you to simplify the identification process while ensuring accuracy and completeness in your reporting.

Within the dashboard, you can identify counterparties, giving them an address name to find them more easily in your transaction history.

![Related parties (1)](https://blog.cryptio.co/hs-fs/hubfs/Related%20parties%20(1).gif?width=1200&height=600&name=Related%20parties%20(1).gif)

**2. Reporting on unidentified counterparties**

The **Related Parties Module** simplifies reporting around related party transactions by allowing you to automatically generate a report of all unidentified counterparties. The report contains comprehensive information on the movements between your wallet and each unidentified counterparty, allowing you to determine the materiality of activity with each one.

**With the Related Parties Module, companies can take control of their audit-readiness journey. From risk management to compliance and performance monitoring, the tool provides deeper insights, enhances decision-making capabilities, and ensures comprehensive related party analysis.**

### **Simplify related parties analysis for audits with Cryptio**

Businesses and institutions with on-chain transactions can now mitigate counterparty risks with Cryptio’s Related Parties module. The dashboard enables users to conduct materiality-based investigations, making it easier to identify counterparty addresses with material activity.

Auditors need to see material transactions disclosed in financial statements to sign off audits. If these transactions are not disclosed, auditors usually delay the audit to investigate the missing material transactions. Consequently, the audit lasts longer, leading to an escalation in costs.

Cryptio’s **Related Parties module** streamlines this process, highlighting material transactions that have not been identified. This helps you to identify more easily counterparties for financial disclosures and to effectively mitigate counterparty risks.

Discover how our Related Parties Module can transform your counterparty risk mitigation strategy. [**Schedule a demo now.**](https://cryptio.co/demo)

#### Table of contents

- [Identifying related parties is essential to achieving audit readiness](https://blog.cryptio.co/managing-counterparty-risks-conduct-materiality-based-investigations-with-cryptio#anchor-1)
- [Internal controls around related party transactions are needed to pass audits](https://blog.cryptio.co/managing-counterparty-risks-conduct-materiality-based-investigations-with-cryptio#anchor-2)
- [A deep dive into the Related Parties Module](https://blog.cryptio.co/managing-counterparty-risks-conduct-materiality-based-investigations-with-cryptio#anchor-3)
- [Simplify related parties analysis for audits with Cryptio](https://blog.cryptio.co/managing-counterparty-risks-conduct-materiality-based-investigations-with-cryptio#anchor-4)

### Start using Cryptio for free

[![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c)

[Back to blog](https://blog.cryptio.co)

### Discover more from Cryptio

<https://blog.cryptio.co/make-the-switch-to-the-new-fasb-crypto-fair-value-accounting-rules-cryptio-makes-compliance-seamless>

- [Insider](https://blog.cryptio.co/tag/insider)

### [Make the switch to the new FASB crypto Fair Value accounting rules: Cryptio makes compliance seamless](https://blog.cryptio.co/make-the-switch-to-the-new-fasb-crypto-fair-value-accounting-rules-cryptio-makes-compliance-seamless)

 4 minute read

<https://blog.cryptio.co/internal-controls-for-treasury-operations-custody-and-payments>

- [Insider](https://blog.cryptio.co/tag/insider),
- [Partnership](https://blog.cryptio.co/tag/partnership)

### [Crypto Audit Insider: Internal controls for treasury operations, custody and payments](https://blog.cryptio.co/internal-controls-for-treasury-operations-custody-and-payments)

 6 minute read

<https://blog.cryptio.co/7-key-considerations-when-starting-a-strategic-crypto-reserve>

- [Insider](https://blog.cryptio.co/tag/insider)

### [7 Key Considerations When Starting a Strategic Crypto Reserve](https://blog.cryptio.co/7-key-considerations-when-starting-a-strategic-crypto-reserve)

 5 minute read

## Book a meeting with *our experts*

On the call we can set you up with a sandbox account so you can try Cryptio for yourself.

![Letter icon](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/letter.svg)

- Enterprise-grade security
- Online support
- Instant access

![Letter icon](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/loop.png)

![Letter icon](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/ethereum_bitcoin_coin.png)

![Cryptio logo](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/logo-white.svg "Cryptio logo")

[![LinkedIn](https://blog.cryptio.co/hubfs/LinkedIn.svg)](https://www.linkedin.com/company/cryptio) [![Twitter](https://blog.cryptio.co/hubfs/Twitter.svg)](https://twitter.com/cryptio_co)

![soc-logo](https://blog.cryptio.co/hs-fs/hubfs/Imported%20images/soc-logo.png?width=38&name=soc-logo.png "soc-logo")

### Product

- [Use cases](https://cryptio.co)
- [Solutions](https://cryptio.co)
- [Pricing](https://cryptio.co/pricing)
- [Integrations](https://cryptio.co/integrations)

### Support

- [Contact us](https://cryptio.co/contact)
- [Help center](https://support.cryptio.co/hc/en-gb)

### Company

- [Partners](https://cryptio.co/partners)
- [Blog](https://blog.cryptio.co/)

### Legal

- [Terms & Conditions](https://cryptio.co/terms)
- [Privacy policy](https://cryptio.co/privacy)

### Don’t miss an update

Sign up for our newsletter for the latest Cryptio news & insights

All Rights Reserved - Inquiries: [security@cryptio.co](mailto:security@cryptio.co)