Case Study: Blacksmith doubles KYC analyst productivity and automates CDD file creation with LexisNexis Risk Solutions' Bankers Almanac API

Blacksmith Brings Financial Counterparty KYC Intelligence to ING with LexisNexis® Bankers Almanac API Solution

Blacksmith, a KYC automation venture incubated at ING Labs in Singapore, set out to solve the time-consuming, manual burden faced by KYC analysts. Banks manage thousands of client relationships with complex, frequently changing policies; analysts traditionally spend hours assembling Customer Due Diligence (CDD) files, suffer information overload, and struggle to implement policy updates quickly.

Blacksmith’s Digital Policy Manager integrates the LexisNexis Bankers Almanac Counterparty KYC API to pull accurate data, documents and ownership links for over 200,000 financial institutions, automating CDD file creation in a few clicks. The integration doubles analyst productivity, cuts hours of manual work per file, and lets compliance officers apply policy changes centrally so updates propagate automatically—improving throughput, data quality and regulatory readiness.

Blacksmith

Nynke Postma

Founder