Verification Is Having a Moment—We’ve Been Here All Along

Verification Is Having a Moment—We’ve Been Here All Along

Following recent events of data misrepresentation and fraud at Tricolor and First Brands, scrutiny across structured finance has intensified. Investors are reassessing how collateral data is sourced, validated, and reported—and whether the systems in place can truly be trusted. These events have exposed a fundamental vulnerability: when data isn’t independently verified, confidence in entire capital structures can erode overnight.

For more than a decade, data integrity has been at the core of dv01’s mission, which is why data validation and verification have always been embedded in our process. Since our inception we recognized that capital markets cannot function efficiently without trusted, standardized, and accurate data.

Our focus has never been limited to securitization reporting—it’s been about driving transparency through validation, verification, and continuous reconciliation across every stage of a loan’s lifecycle, whether the loan remains on balance sheet, sits in a warehouse facility, is securitized, sold through a forward flow, or exists in another funding vehicle.

Verification as Infrastructure

Verification, in practice, is not a feature or a one-time audit—it’s an embedded function of dv01’s platform. Our process is independent and automated, ensuring that what’s pledged, funded, and reported truly reflects the underlying collateral.

Rather than acting as a point-in-time check, dv01 works collaboratively with servicers, trustees, issuers, and investors to identify and rectify discrepancies as they arise. Our verification framework draws on multiple data sources, running automated checks across six core dimensions of data quality—accuracy, completeness, consistency, timeliness, uniqueness, and validity—to detect anomalies early and maintain confidence in every dataset that flows through our system.

We’re not in the business of fraud detection, but we do provide a layer of transparency and confidence that strengthens trust across every counterparty in a transaction.

Holistic Data Integrity Infrastructure

dv01’s infrastructure allows data validation and verification to operate across the full ecosystem of loan data. By integrating data across systems and counterparties, dv01 helps uncover discrepancies before they become problems, validates reporting against multiple sources, and maintains alignment throughout the lifecycle of a loan. This holistic approach to data integrity allows issuers to demonstrate transparency with confidence and enables investors to rely on the accuracy of the information they receive.

At its core, verification through dv01 isn’t a service layer—it’s part of how the infrastructure itself operates.

A Decade of Data Integrity

For over a decade, dv01 has served as a trusted data partner for leading issuers, banks, and investors. Our systems have validated billions of loans across consumer and residential asset classes, earning dv01 the role of Loan Data Agent across public securitizations and private transactions, as well as a trusted partner for credit facility management. 

By embedding verification directly into the data pipeline, we’ve helped eliminate manual errors, enforce consistency, and strengthen trust in reported information. The result is greater confidence, cleaner reporting, and a market better equipped to prevent the types of breakdowns that drive today’s renewed focus on verification.

Reinforcing Trust, Not Reacting to It

While others are introducing verification as a product, dv01’s stance remains steady: verification is not a trend. It’s infrastructure. Our commitment to independent, auditable data integrity continues to ensure that issuers, lenders, and investors can rely on the accuracy of the information driving their decisions.

Verification isn’t new at dv01. It’s how we’ve always operated—and how the market can move forward with confidence.

Looking to strengthen confidence in your data?

Contact us to learn how dv01 can design a verification process that reinforces trust across your facilities, transactions, and investor reporting.