Services
Counterparty Due Diligence
CRT Counterparty Due Diligence is a proposed structured assessment of a specific trading counterparty — individual or organisation — against CRT's risk and integrity criteria. It is designed to be reusable across multiple transactions with the same counterparty.
Who it is for
CRT Counterparty Due Diligence is relevant for members who are establishing a new trading relationship and want a structured assessment of the counterparty before entering into transactions. It differs from the Transaction Risk Check in that it is counterparty-focused rather than transaction-focused, and its output is intended to inform an ongoing relationship rather than a single deal.
The problem it addresses
Standard KYC processes focus on identity verification and sanctions screening. CRT's counterparty due diligence goes further: it assesses the professional standing, trading conduct, and CRT credential status of a counterparty, and compiles findings into a reusable assessment record.
The goal is to reduce the cost and friction of establishing new trading relationships by providing a shared, reliable baseline of counterparty information.
Limitations
Counterparty Due Diligence — limitations
- This service is proposed and has not yet been designed in detail.
- CRT due diligence does not substitute for regulatory KYC/AML processes. Firms remain responsible for their own compliance obligations.
- CRT can only assess counterparties against information available to it. Findings do not constitute a clean bill of health.
- No counterparty assessments have been conducted. No results database exists.
Availability
This service is proposed. No development timeline has been confirmed. It is conditional on the broader CRT member database reaching sufficient scale to make counterparty assessment meaningful.
Interested in counterparty due diligence?
Register your interest in this proposed service.