Private credit has scaled to $1.5 trillion in 2024, and with that growth comes more opportunities for fraud to slip through. Higher deal volumes, more complex portfolio structures, and faster transaction timelines all create gaps. That is why Cascade built a systematic fraud prevention framework designed to verify every data point, every asset, and every transaction, not just a random sample.

How Cascade Mitigates Fraud

• Systematic vs Spot checks: Cascade systematically verifies or reconciles every receivable and transaction rather than performing spot checks like most traditional providers.
• First Principles Approach: Cascade takes raw data straight from the source where possible, then recalculates or rebuilds key values rather than taking any submissions at face value.
• Multiple Layers of Protection: No process is foolproof, but by combining multiple methods of mitigating fraud, Cascade can achieve an outcome that is greater than the sum of its parts. Cascade’s product offering can also be used selectively to fill in only where there are gaps in existing processes.

The Cascade Fraud Checklist

Our fraud checklist spans the full asset lifecycle, from origination and data onboarding to cash management and investor reporting.

Why It Matters

Whether you are an originator, investor, or trustee, Cascade provides the confidence that every dollar and every document aligns. The platform reduces operational risk, strengthens investor trust, and protects portfolios from fraud before it happens.

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