The Dutch pension bank relies on Duna to meet the requirements that come with a banking license.

A pension bank held to banking standards

Brand New Day Bank, the Dutch pension and investment bank, has brought on Duna to make its compliance operations simpler to run.

Brand New Day has held a full banking license from De Nederlandsche Bank since July 2017. That license puts the bank under the same supervisory standard as any other Dutch bank. Each customer it accepts has to be checked, documented and defensible to the regulator.

Duna gives the bank's compliance team one place to do that work, with the evidence for each decision kept on record.

"As a regulated bank we are held to the highest standards for compliance and security. Duna is a trusted partner we rely on daily to meet strict banking-grade requirements." — Bas van Beusekom, Former CCO, Brand New Day Bank

For a bank, the test of a compliance system is whether it holds up when the supervisor asks to see the work. That is the standard Brand New Day Bank holds Duna to.

About Duna

Duna is an AI-native compliance infrastructure for banks, fintechs, and marketplaces. Compliance teams write their policy in plain requirements; Duna's agents translate it into logic, source the evidence and apply it to every case, so decisions are consistent, explainable and current as regulations change. Duna is headquartered in Amsterdam and backed by Index Ventures and CapitalG. Customers include Plaid, Brand New Day, Moss and Bol.

See how Duna supports regulated banks and fintechs. Get in touch.