From complete escrow services to establishment of qualified settlement funds, check or coupon printing and mailing, electronic cash or stock distribution and tax services, A.B. Data provides a full-service solution to Settlement Fund Distribution. Our in-house team of certified public accountants and financial advisors expertly manages fund distribution while meeting all legal and financial requirements.
A.B. Data ensures the highest level of security and confidentiality with secure on-site facilities that have the capacity to print one million checks a day.
Our services encompass:
- Complete escrow services.
- Creating fund investment strategies.
- Printing and mailing checks or coupons.
- Electronic transfer of settlement proceeds.
- Distribution of stock and other financial instruments.
- Daily account reconciliation.
- Ensuring the highest level of security and confidentiality.
- Conducting ongoing quality assurance and control.
- Providing all-inclusive tax and accounting services.
A.B. Data’s Checks Offer:
- Warning Bands alert the document handler of security features.
- Colored Pantograph Pattern helps protect against document alteration.
- Microprinting in Borders that cannot be seen with the naked eye (print breaks up when photocopied).
- Artificial Watermarks indicate document originality; it cannot be photocopied.
- Ultraviolet Light-Sensitive Fibers fluoresce under UV light and serve as an authentication tool.
- Chemical Reactive Paper causes checks to discolor when chemically washed.
- Copy Void Pattern is a dot pattern designed into the background of the check; if the check is copied or scanned, the word “VOID” appears and invalidates the copy.
A.B. Data’s Secure Environment:
- Lockdown mode when checks are printed.
- Limited physical access.
- Employee background check, including FBI criminal background, credit bureau, department of motor vehicles, educational credentials, and past employment verification.