BankCheck is a simple, cost-effective solution for payment repair and Know Your Client due diligence. BankCheck combines graphical database technology with linked open data, to link and store over 1.5 billion data items. Bankers built this advanced analytical framework for financial institutions with market-leading technology. The interface is easy to use, and streamlines the workflows of payments and KYC due diligence teams.
BankCheck’s data is world-class. Lacuna partners with leading data providers SWIFT (Society for Worldwide Interbank Financial Telecommunication) for Standing Settlement Instructions (SSIs) for banks worldwide, and with Bureau van Dijk (a Moody’s Analytics Company) for company-level information. This means we offer you over 260 million legal entities, including financial reports, corporate ownership and hierarchies.
BankCheck’s speed and ease of use is unrivalled. Using BankCheck is as easy as using any of today’s popular tools and search engines, allowing you to kick start productivity.
BankCheck adapts to the way its users want to work. It gives users the right to save and print documents as PDFs, export tables and charts to Excel, to print screens, and copy and store information on internal systems.
Those responsible for payment repair can rely on BankCheck Payments for fast access to over one million SSIs. This will allow you to dramatically improve payment-processing cycles, and settlement certainty.
BankCheck Due Diligence
KYC and onboarding teams have access to over 150,000 Anti Money Laundering documents, 775,000 annual reports and 44,000 proofs of regulation, through BankCheck Due Diligence. Clients can source and download information from the documents for KYC and AML due diligence on new and existing clients, and counterparties.