Bankers Almanac: Counterparty KYC

Global intelligence that expedites and improves
your financial counterparty KYC risk management. 

Overview

Manage KYC risk and compliance 

Understanding the risks your institution faces from financial counterparties is integral to protecting your interests and safeguarding your reputation. However, performing in-depth research and manually collecting information directly from counterparties is an extremely time-consuming task. If not done promptly, it hinders your ability to manage know your customer (KYC) risks. 

Access the richest source of banking information on global financial institutions in one convenient location with Bankers Almanac: Counterparty KYC.  

Product Value

Global intelligence that expedites and improves your financial counterparty KYC risk management.

Understanding the risks your institution faces from financial counterparties is integral to protecting your interests and safeguarding your reputation. However, performing in-depth research and manually collecting information directly from counterparties is an extremely timeconsuming task. If not done promptly, it hinders your ability to manage know your customer (KYC) risks. 

Access the richest source of banking information on global financial institutions in one convenient location with Bankers Almanac: Counterparty KYC.  

Bankers Almanac: Counterparty KYC arms you with unrivalled intelligence to quickly and accurately perform KYC due diligence on new financial counterparties and existing relationships. Confidently work with counterparty banks with full knowledge of who they are – 

their legal operating structurerisk profile and key branch, ownership and officer information. 

All Bankers Almanac content is proactively researched and sourced directly from the world’s banks. It is maintained by a global team of over 140 data analysts covering 20 languages, to help you make key business decisions and assess the potential risk of onboarding new correspondent partners. You can expand into new jurisdictions in emerging economies with the confidence that you are choosing the right banks to work with. 

Through Bankers Almanac: Counterparty KYC you have access to: 

  • Details on more than 21,500 banks globally, plus non-banking financial institutions and credit unions 
  • 194,000+ operating entities 
  • Over 266,000 SSIs, 117,000+ SWIFT/BIC codes and 126,000+ ownership links 

With comprehensive counterparty information easily accessed from a single source, your research process will be faster and more efficient. You will also be working with the most up-to-date information available. 

  • Quickly search by institution name, SWIFT/BIC, IBAN, and unique Bankers Almanac ID 
  • Stay informed with bulletin boards and alerts 
  • Eliminate repetitive manual research with event-driven KYC reviews 
  • Receive notice on corporate actions, such as mergers, acquisitions and licence suspensions.  
  • View entity ownership structures, including direct and indirect owners and subsidiaries, credit ratings, payments information and more. 

Bankers Almanac: Counterparty KYC is part of the Bankers Almanac Risk & Compliance Portfolio, a suite of solutions that offer a single source of information to support all your due diligence research needs. 

[White Paper] Avoiding the KYC Blind Spots

According to the Accuity annual survey, which covered over 300 responses from KYC and due diligence professionals globally, KYC professionals are still spending a lot of time gathering key information manually.

Manual operation can lead to critical blind spots of the KYC onboarding, review and AML screening process that are often overlooked.

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