Solutions
- Cyber Risk
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  Manage cyber risk throughout your ecosystem with advanced attack surface management, security ratings and third party risk management solutions for businesses of all sizes.
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  Manage cyber risk throughout your ecosystem with advanced attack surface management, security ratings and third party risk management solutions for businesses of all sizes.
- Third Party Risk
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  Automate, accelerate and centralise third party risk management across your critical service providers and other relationships with our market-leading solution.
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  Automate, accelerate and centralise third party risk management across your critical service providers and other relationships with our market-leading solution.
- Bank Network Management
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  The only comprehensive solution for Bank Network Management, supporting most of the world’s largest banks manage their complex global networks, local market exposures and compliance requirements.
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  The only comprehensive solution for Bank Network Management, supporting most of the world’s largest banks manage their complex global networks, local market exposures and compliance requirements.
- Capital Markets
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  The world’s leading global advisory practice for financial market infrastructures since 1994, supporting FMIs to manage risk, regulation and market transformation.
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  The world’s leading global advisory practice for financial market infrastructures since 1994, supporting FMIs to manage risk, regulation and market transformation.
- Fund Services
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  We provide expert advisory services for custody, investment operations and strategy, as well as a powerful solution for Operational Due Diligence (ODD), third party risk and compliance.
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  We provide expert advisory services for custody, investment operations and strategy, as well as a powerful solution for Operational Due Diligence (ODD), third party risk and compliance.
Platform
- Orbit Risk
  - Orbit Intelligence
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    Orbit Intelligence captures your risk landscape, pulling together insights from across the platform. It centralises risk analysis, data, and news on your portfolio of monitored organisations.
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    Orbit Intelligence captures your risk landscape, pulling together insights from across the platform. It centralises risk analysis, data, and news on your portfolio of monitored organisations.
  - Orbit Diligence
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    Orbit Diligence automates your DDQ and RFI processes for a wide range of use cases, accessing a library of off-the-shelf questionnaires and risk frameworks, freeing up valuable resources.
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    Orbit Diligence automates your DDQ and RFI processes for a wide range of use cases, accessing a library of off-the-shelf questionnaires and risk frameworks, freeing up valuable resources.
  - Orbit Security
    Enterprise Cyber Risk
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    Enhance your cyber risk management by gaining complete visibility over your attack surface. Orbit Security monitors for breaches and vulnerabilities that could be exploited by threat actors, so you can prioritise remediation.
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    Enhance your cyber risk management by gaining complete visibility over your attack surface. Orbit Security monitors for breaches and vulnerabilities that could be exploited by threat actors, so you can prioritise remediation.
    Third Party Cyber Risk
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    Manage your exposure to critical third parties with continuous, data-driven monitoring. Analyse any entity’s security posture with Orbit Security Ratings and digitised IT Security questionnaires.
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    Manage your exposure to critical third parties with continuous, data-driven monitoring. Analyse any entity’s security posture with Orbit Security Ratings and digitised IT Security questionnaires.
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    Orbit Security Ratings are an automated, powerful way to continuously monitor the cyber security posture of your organisation and the third parties it relies on, with data-driven analytics so you can enhance the security of your ecosystem.
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    Orbit Security Ratings are an automated, powerful way to continuously monitor the cyber security posture of your organisation and the third parties it relies on, with data-driven analytics so you can enhance the security of your ecosystem.
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  Achieve trust, transparency and security with a single platform. A leading solution for companies looking to digitise and automate their risk management, leveraging Intelligence, Diligence and Security.
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  Achieve trust, transparency and security with a single platform. A leading solution for companies looking to digitise and automate their risk management, leveraging Intelligence, Diligence and Security.
Insights
Customers
About Us

Are Your Cash Correspondent Banks Segregating Client Cash?

28 October 2022
London

Under the many global banking rules (i.e. UK CASS, SEC Rule 15(c)3-3), on receipt of client funds all regulated firms must promptly place all client money into one or more client bank accounts. The funds must be held separately and be easily distinguishable from the firm’s own proprietary bank accounts, even in instances where the money concerned is held for only a short time before being paid onward.

Based on the 356 Cash Correspondent Monitoring questionnaire submissions for 2021, 71.6% of all cash correspondent banks do keep client cash segregated and identifiable. However, most alarmingly, 7% of respondents stated they did not segregate and identify client cash.

Do you understand what your bank does with client money?

By joining the Cash Correspondent Monitoring programme this information is requested as part of the questionnaire. If you would like further information regarding our product, please contact one of our experts.

Are Your Cash Correspondent Banks Segregating Client Cash?

Do you understand what your bank does with client money?

Company

Orbit Risk

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