Well-Oiled Machine For Complex Cases
Stretto offers a multi-faceted case-management approach when partnering with federal and state-appointed receivers. Government-led investigations of fraud, money laundering and other types of criminal activity pose administrative challenges when it comes to recovering assets, identifying creditors, and navigating the claims-reconciliation process. Receivers trust Stretto’s subject-matter expertise and robust technology platform to support their unique case management needs. Stretto leverages established strategic partnerships with our nationwide bank network to provide seamless bank account activation and transaction monitoring.
We provide proprietary software that allows receivers to streamline workflow and manage online processes such as organizing documents, as well as creating, customizing and submitting reports to comply with regulatory requirements. Clients can view cleared checks, open additional accounts within minutes, create reserve accounts, along with sending and receiving wire transfers. Stretto-powered receivers manage accounts anywhere at any time with online access to balances, transactions, and statements.
Along with intuitive technology and streamlined processes, Stretto assigns a Director for each engagement who has specialized expertise in the requirements and rules of government-appointed receiverships. These Directors assist clients with day-to-day operational needs and establish customized workflows for receivers to ensure best practices for effectively managing multiple engagements.