For Corporate Trust & Custody
The verification process that worked at five accounts is a liability at five hundred. Every new account adds exposure your manual workflows can't absorb.
The Problem
New banking details by email. Account updates by fax. Successor trustee by phone. Each change triggers a manual verification cycle that competes for staff time. At scale, the process itself becomes the risk.
The Basefund Approach
Beneficiaries confirmed against independent sources, account changes re-checked before disbursement, every payment insured — whether you manage fifty trusts or five thousand.
Capabilities
Continuous checks across every trust account. Beneficiaries, paying agents, and successor trustees re-confirmed on a schedule — not just at onboarding.
Proof that every disbursement went to a confirmed, insured recipient — a differentiator in RFPs and retention conversations.
Fiduciary exposure shrinks with each verified payment — risk shifts off your balance sheet and onto the policy.
Every verification step produces a cryptographically logged, auditable record. Pull compliance reports for examiners or internal audit in minutes, not days.
Grow your portfolio without proportionally growing your operational risk. Automated verification means adding accounts doesn't mean adding headcount.
Granular access controls matching your compliance structure. Define who can initiate, approve, and release — with a sealed record of every action.
Verification and coverage across hundreds of accounts — without scaling headcount.