Bankers Almanac: Counterparty KYC


Bankers Almanac Risk & Compliance portfolio is a suite of scalable solutions containing a range of products to help reduce your KYC burden. Each product offers further information and documentation to support your KYC efforts, and reduce the manual time spent searching and collating information.

Bankers Almanac: Counterparty KYC offers unrivalled intelligence on global financial institutions, enabling you to efficiently perform your Know-Your-Customer (KYC) due diligence activities on new financial counterparties and existing business partners. Through Bankers Almanac: Counterparty KYC you have access to:

  • More than 22,000 banks globally, plus non-banking FIs and credit unions
  • 172,000+ operating entities,
  • Over 266,000 SSIs, 116,000+ SWIFT/BIC codes and 124,000+ ownership links
  • Bank ownership hierarches, including direct and indirect owners and subsidiary relationships
  • Corporate actions history, including mergers and acquisitions, name changes, and licence revocations
  • Comprehensive personnel details, including board members and department contacts
  • Easy access to the information you need most, with powerful search and browse functionality and alert options

All of Bankers Almanac content is proactively researched and maintained by a dedicated team of over 140 data analysts, covering 20 languages, located throughout the world. They follow a rigorous methodology to provide data directly sourced from the world’s banks, to help you make key business decisions, assess the potential risk of on-boarding new correspondent partners, and ensure regulatory compliance.

Complementary products include Bankers Almanac: Due Diligence, containing over 630,000 completed and date stamped KYC documents to help fulfil your audit requirements, Bankers Almanac: Ultimate Beneficial Ownership, providing details of over 9,800 UBOs down to 0.1% ownership, and Bankers Almanac: Regulatory Views, offering early insight into the potential risk presented by sanctioned and state-owned entities within a counterparty’s ownership structure.

Benefits

Helping you to improve your KYC performance
Bankers Almanac helps to enhance your understanding of counterparties, improve your operational efficiency and lower costs by providing access to comprehensive data on the world’s banks from one convenient location.

  • Improve your KYC research efficiency and save time with advanced search
    • Easily access and download key banking documentation to support your KYC and on-boarding efforts, that has been collated and confirmed by the Bankers Almanac data team
    • Use advanced search to find information on financials, services, personnel, merger & acquisition history, co-ownership, credit rating, payments information and more
    • Quickly search by institution name, SWIFT/BIC, IBAN, and unique Bankers Almanac ID
  • Ensure you stay informed with alerts and bulletin boards
    • With our fully automated API solution for event driven KYC reviews you can focus on decision-making rather than time consuming and repetitive manual research activities
    • Alternatively with our online web app you can receive alerts, highlighting the latest information regarding corporate action events such as mergers, acquisitions and licence suspensions, whilst
    • Receiving weekly updates highlighting when new documents are added (available for Bankers Almanac: Due Diligence subscribers – see complementary products below)
  • Be able to identify potential risk with visualisations of ownership structures
    • View visualisations of entity ownership structures including direct and indirect owners and subsidiaries by ownership percentage
    • Identify potential areas of interest more easily by navigating complex ownership structures quickly and with less manual intervention

Also available

Bankers Almanac: Due Diligence

A single, central source of primary documents to support you in conducting due diligence checks on your correspondent counterparties.
All of our documentation is gathered directly from the financial institutions themselves, central banks and regulators.