An Unclaimed Asset Scheme for the UK is seemingly inevitable, with the BBA and BSA supporting a thorough asset reunification program prior to realisation of such a scheme. Now is the time to commence an asset reunification exercise and regain contact with dormant account holders.
Our portfolio of services provides all the necessary tools for a productive asset reunification campaign. Coupled with our extensive experience of asset reunification and people tracing skills, our asset reunification solutions are second to none.
Asset Reunification Solutions
Our in-depth knowledge of consumer data and tracing allows us to provide a unique three tiered service, suitable for any asset reunification campaign.
Data Cleansing
Personal circumstances constantly change; this can lead to a communication breakdown between your organisation and its customers. Regularly cleansing personal data identifies these changes, such as house moves, name changes and mortalities, enabling you to take appropriate action.
Our proprietary data cleansing systems will:
- append missing personal details
- identify verified gone aways
- flag mortalities
People Tracing
Central to any asset reunification exercise is the ability to trace dormant customers. Pro-actively reuniting dormant account holders with their assets demonstrates a commitment to treat customers fairly and will allow you to retain their custom.
We have a variety of tracing options suitable for re-establishing contact with any volume of lost customers:
- individual searches via our web-based tracing solution
- batch electronic tracing for high volume gone aways
- complete project outsourcing to our tracing agents
Identity Verification
As part of the asset reunification exercise, it has been proposed that there should be a large media promotion. This will inevitably raise public awareness and lead to consumers approaching organisations directly.
When you haven’t had contact with a customer for an extended period it is imperative that you verify their identity. Already used extensively in anti-money laundering procedures, our electronic identity check tool, Smart ID Plus, will:
- confirm identity and current address
- validate paper id documentation
- highlight potential fraudsters
We understand that no two organisations are the same and as such we mould our solutions to your specific needs.
Contact Tracesmart Corporate and let us reunite you with your dormant account holders.
