About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Bankers Almanac Launches Online Document Verification for its Due Diligence Repository

Subscribe to our newsletter

Bankers Almanac, a provider of reference data for payments, due diligence and risk assessment, has announced that its Due Diligence Repository now has online document verification.

The new Manage My Documents feature allows providers of the documents to review, confirm or supply replacements online into the Due Diligence Repository. It increases the speed at which compliance personnel at banks can update their own documents in the Due Diligence Repository. All documents have to meet Bankersalmanac.com’s strict quality control criteria before they are published on the Due Diligence Repository, to reduce the need for banks to re-check information.

The Due Diligence Repository was launched by Bankers Almanac in 2004, in association with the Wolfsberg Group, to provide the primary information required to conduct due diligence checks on bank counterparties. Containing copies of banks’ key documents including licences, articles of association, anti-money laundering controls, USA PATRIOT Act Certification, annual reports and the Wolfsberg Group Anti-Money Laundering Questionnaire, the Due Diligence Repository has become the global industry standard, reducing the burden that banks face when conducting Know Your Customer (KYC) assessments on their counterparties.

Commenting on the development, Kerry Hewson, director of Bankers Almanac, says: “The launch of the Manage My Documents feature within the Due Diligence Repository will provide a considerably more efficient way for banks to review and update their documents. This ultimately benefits the industry as a whole by ensuring all departments within banks that use the Due Diligence Repository, such as compliance, Anti-Money Laundering or correspondent banking, have access to the very latest documents available.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Improving data integrity to address regulatory requirements

Financial institutions today face a global regulatory landscape characterised by rigorous and varied reporting requirements across their businesses. Reporting challenges include completing more data fields across more lines of business with greater frequency, adding complexity and cost. At the same time, there is waning tolerance among supervisory bodies for errors, issues or delays – as...

BLOG

Fenergo Enhances Financial Crime Compliance Capabilities with Agentic AI Integration

Fenergo has introduced an updated financial crime solution – the FinCrime Operating System (FinCrime OS) – featuring a new agentic AI layer aimed at significantly improving operational efficiency within financial institutions. This development comes against a background of spiralling operational costs and rising compliance demands enhanced by geopolitical tension and regulatory flux. Marc Murphy, CEO,...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...