For Underwriters

You price the risk.
We verify the participants.

Add independent participant and account verification to the municipal bond closing so your team has a clearer operational record before funds move.

The Problem
Financial risk isn't the only risk in the transaction.
One compromised account or impersonated participant can create a problem no pricing model was designed to catch.
  • Your team evaluates credit, structure, market conditions, and execution
  • But participant details and wire instructions still move between organizations over email
  • Settlement depends on information nobody has independently checked
The Basefund Approach
Independent verification around the closing.
Independent verification around the closing.
  • Participant identity confirmed, receiving accounts validated
  • The verification process documented in one shared workspace
  • A clearer counterparty record without another manual diligence process

Capabilities

Operational diligence for the transaction itself.

Participant verification
Independently confirm the people and organizations participating in the closing.
Account validation
Validate receiving-account information before settlement funds move rather than relying solely on emailed wire instructions.
Closing visibility
See verification status, outstanding items, documents, and transaction progress in one shared workspace.
Audit-ready documentation
Maintain a durable record of verification and transaction activity for compliance, operations, and post-closing review.
Faster execution
Identify missing verification or account issues earlier, before they become closing-day problems.
Transaction insurance
Eligible transactions can include transaction-specific insurance tied to the verified participants, validated accounts, and funds in motion.
"Basefund streamlines our closing process in one secure workspace, saving time and reducing risk. Basefund delivers the efficiency, accuracy, and security we need to confidently close transactions."
Amy Tovar
The GMS Group, L.L.C.

Related

Solutions for the entire closing table.

Secure Closings

Independent verification built into the closing itself.

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Municipal Advisors

Run the closing from one verified workspace.

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Issuers & Municipalities

Protect public money from closing through final payment.

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Bond Counsel

Support the closing record with independently verified information.

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Price with confidence. Close with proof.

Bring independent participant and account verification into your next municipal bond closing.

Get Started