Evidence every asset is pledged once
Double pledging hides in the gaps between funding vehicles: the same asset financed through more than one warehouse line, SPV or term deal. Collateral Screening reconciles the loan tapes across an originator's whole book and surfaces the same asset pledged twice. Every loan, not a sample.
Capabilities
Duplicate pledge detection
- Cross-vehicle matching: surface the same asset pledged into multiple warehouse lines, SPVs or term deals, including assets that remain in a warehouse after being sold into a securitisation.
- Beyond loan IDs: matching runs on the substance of the loan, not the labels, so a re-cut tape with new identifiers still raises an alert.
Segregated by design
- Scoped reporting: the whole book is screened together, but each lender receives evidence for their facility only. No inter-lender data sharing, no commercial terms exposed.
- Deploys under existing rights: runs under the audit and access provisions already in the facility documents. No new legal machinery, no industry platform to join.
Continuous surveillance
- By API or by tape: run from each tape cut, or connect by API and the book is screened as it changes, with new loans checked as they enter a vehicle.
- Ongoing detection: a duplicate introduced after closing surfaces at the next cut, not at next year's collateral examination.
Audit-ready evidence
- Reproducible match evidence: every alert carries the matched records and the fields that drove it. Each report is fingerprinted, and re-running it reproduces the results exactly.
- Independent screening report: a dated, loan-level record of what was screened, what was flagged and what was cleared, built to hand to lenders, investors and trustees.
Collateral integrity in structured finance
Every loan, not a sample
Every asset across every vehicle, at every borrowing base cut. Whole-of-book reconciliation as a standing control, not an annual exercise.
vs two agreed-upon-procedures engagements a year on a sample
Beyond loan IDs
Similarity resolution on the loan's real characteristics. Re-cut the tape, change the identifiers: the duplicate still surfaces.
vs identifier matching a spreadsheet edit defeats
No registry, no network
Works on one originator's book from day one. No shared platform, no industry adoption curve, no waiting.
vs central registries that only catch what participants upload
Explainable
A detailed, audit-ready rationale on every alert, defensible to lenders, trustees and regulators.
vs a clean / not-clean flag no one can stand behind
Built for every side of the deal
Originators
Evidence a clean book to your lenders and investors.
Lenders
Independent evidence behind every borrowing base, across the originator's whole book.
Investors
Comfort that the loan pool is screened for double pledging.
Arrangers & structurers
Screen the pool before pricing. Protect your investors, and market the deal with evidence behind it.
Built for your industry
See a clearer path to compliance
We'll show you explainable screening tuned to your policies.