RolesPledgeCheck
Set the the new standard for collateral integrity
PledgeCheck creates greater transparency by validating asset uniqueness and identifying double pledging across facilities.
The Problem
Asset data is reported by borrowers. No one can prove it's accurate.
What’s actually being pledged?
Lenders rely on borrowers to report the assets securing each facility and the data tied to them, often without independent validation.
Can an asset be tracked over time?
Different formats make it difficult to follow the same asset consistently from report to report and across facilities.
Is the asset pledged more than once?
Without a cross-tape and cross-facility view, double pledging can go undetected across facilities.
OUR APPROACH
Independent validation for every pledged asset
01
Direct integrations
Create a consistent originator ledger
Integrate with borrower systems and reporting to create a real-time record of the assets borrowers report across facilities.
02
Asset-Level Checks
Validate every asset over time
Check borrower-reported asset data across identifiers and facilities over time, flagging discrepancies for review.
03
Cross-Facility Visibility
Identify double pledging
Cross-reference assets across facilities to flag collateral that appears to be pledged more than once.
Build greater confidence with your capital providers.
Less operational drain
Meet capital provider standards with less manual effort and fewer reporting issues.
Build trust with capital providers
Independent validation demonstrates stronger controls and greater transparency in your collateral reporting.
Audit-ready by default
Create a clear, consistent collateral record across facilities so questions are easier to resolve.
Maintain an independent layer of control.
Strengthen collateral controls
Add an independent check to borrower-reported asset data before capital is deployed.
Detect double pledging across facilities
Gain visibility into potential double pledging that may not be apparent within a single facility.
Proactively manage risk
Surface discrepancies sooner so teams can investigate before risk compounds.
FAQ
Need answers?
PledgeCheck is Setpoint's independent certification for every pledged asset. It runs automated cross-facility checks and issues a certificate confirming that every pledged asset is real, unique, and accurately reported.
PledgeCheck integrates with borrower systems and reporting to create a consistent originator ledger. It runs comprehensive checks on every asset, looking for consistency across identifiers and reporting, and flagging discrepancies. Any collateral that appears to be pledged more than once is flagged. Once issues are resolved or none are found, borrowers receive a validation certification that they can submit to their capital provider.
PledgeCheck is proof, not a promise. Covenants and warranties record what a counterparty agreed to. The certificate records what the data shows, an independent layer of protection those instruments can't provide.
No. Cross-counterparty checks run without exposing anyone's book. Every party relies on the same certification. No party sees another's data.
No. Borrowers can simply upload their data and PledgeCheck certifies it for any capital provider. Teams already running full funding operations on Setpoint don’t have to worry about double pledging, because collateral and funding requests live in one auditable system. PledgeCheck extends that same certainty to everyone else.