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Banks & Depositary Banks
Banks use the Circit Provider Network to provide auditors with independent, verified access to cash balances, transactions, loans, and securities across multiple accounts and jurisdictions. A centralised platform helps reduce manual handling, meet compliance obligations, and deliver timely responses to thousands of audit requests with full audit trails.
Transfer Agents and Custodians
Transfer Agents and custodians can ensure auditors receive accurate, standardised confirmations of shareholder registers, securities holdings, and asset safekeeping. Providers benefit from streamlined response management that reduces reliance on manual reconciliations, improves oversight of assets under custody, and strengthens trust while minimising operational risk.
Law Firms & Corporate Service Providers
Law firms and corporate service providers can respond to audit requests for corporate, legal, and compliance documentation without relying on manual processes. The network ensures responses are consistent, secure, and aligned with regulatory requirements.
Fund Administrators & Investment Managers
Administrators and Investment Managers validate holdings and assets for auditors with greater efficiency. By automating confirmations across multiple banks and service providers, they reduce audit delays and operational overhead.
Accounting & Advisory Firms
Accounting and advisory firms streamline responses to audit or due diligence requests from clients. Using Circit, they maintain a complete audit trail while standardising and securing all confirmations in one platform.
Insurance Companies & Pension Funds
Insurance firms and pension funds confirm balances, policies, and asset holdings for audits with accuracy and transparency. The platform provides the assurance regulators and auditors need while reducing manual effort.
Fintechs & Payment Providers
Fintech companies and payment providers deliver verified account and transaction data instantly. With Circit’s integration options, they connect internal systems directly to the platform to eliminate repetitive work and minimise risk.
Trusts & Fiduciary Services
Trust and fiduciary providers confirm holdings, balances, and distributions securely through the network. By simplifying auditor communication, they reduce delays while maintaining confidentiality for their clients.
Real Estate & Asset Management Companies
Real estate and asset managers provide verified documentation on ownership, valuations, and income streams. Automated workflows make it easier to meet audit requests and accelerate reporting cycles.
Finance & Treasury Teams
Finance and treasury teams respond to audit confirmations without disrupting daily operations. By consolidating bank, fund, and cash data in a single platform, they reduce friction and ensure timely delivery.
Compliance & Risk Teams
Compliance and risk teams use Circit to provide clear, verifiable evidence of regulatory compliance. Every response is logged in a secure, auditable record, simplifying both internal oversight and external inspections.
Accounting & Operations Teams
Accounting and operations teams reduce repetitive, manual tasks by using automated workflows and standardised templates. This improves both accuracy and efficiency when fulfilling auditor requests.
IT & Systems Teams
IT and systems teams benefit from Circit’s API console, which can connect internal platforms directly to the network. This ensures secure data handling and seamless delivery of sensitive information.
Legal & Corporate Governance Teams
Legal and governance teams deliver corporate and legal confirmations to auditors quickly and securely. Built-in audit trails and version control ensure accuracy, consistency, and compliance with regulatory standards.
Implementing the Circit platform will give our clients and their auditors a new encrypted digital channel with which to request and receive balance confirmations. This is not only an exciting new service for our business clients but will also drive significant efficiencies within the bank itself. It aligns perfectly with our digital strategy while maintaining the highest standards in data security.
Misia-Denise Himmighofen
,
Aareal
“Our customers and the auditors are very positive about this development.”
It's helped us communicate with clients more effectively and increased transparency around the audit process. It's definitely made audits more efficient, and it's been a very positive experience overall.
Circit continues to be a valued partner during our business transformation. The support and expertise provided has enabled us to rapidly implement process changes and meet strategic objectives. Circit is a future-proof solution that we can continue to build upon and absorb further processes.
Tim Barnes
,
Lovewell Blake
The Verify downloads are an easy way to ease some of the client delivery burden for the audit and allow us to get transaction data in Excel ready to use in many ways for our testing – such as vouching receipts or payments in detailed testing, reviewing for unusual transactions, or feeding into considerations around going concern. Once setup it’s more efficient than obtaining bank statements from our clients and means the whole team has immediate access to transactional data.
Mark Attwood
,
Kreston
The responsiveness of the Circit team and their ongoing development of improvements have been fundamental to our success.
Circit has significantly streamlined our confirmations process, making it more efficient and error-free.
Peter Vance
,
aib
AIB continues to look for ways to make our customers’ lives easier through digital transformation. We’re proud to work Circit to provide a more sustainable and efficient way of processing audits for our customers.
Onboarding the Circit platform has been an exciting opportunity to introduce a solution for dealing with business audit requests, creating efficiencies internally, which allows colleagues to focus on other value adding activities for our customers.
Morag MacIver
,
anderson-anderson-brown-llp
Circit is simple and easy to use, requests can be made in minutes and confirmations are received back quickly and directly from client’s banks and other evidence providers. The impact has been impressive: improved turnaround times, smoother client collaboration and faster independent audit confirmations from all providers.
The Ellacotts Team
,
ellacotts
We've saved time - which is essential in busy season. Circit streamlines our day-to-day by ensuring all Letters of Authorities and Confirmation Requests are in the same place. We recommend Circit to other audit firms looking to improve audit processes.
Kevin Foley
,
grant-thorton
The Circit Platform has transformed this area of our audit engagements with clients and counter-parties. Confirming balances and arrangements directly with banks and solicitors is now a seamless process, all within one system.
Miriam Hanley
,
menzies-brighter-thinking
Circit has really improved the confirmation request process for our firm. From initial request through to direct response from banks and evidence providers, Circit has enabled us to streamline the entire process in a fully digital environment, which saves us time and money and allows us to focus on other high-touch client services.
Gavin Smyth
,
BDO
With one simple online training session we deployed Circit across our client base. Our teams have saved 4 hours per client, and turnaround times with bank confirmations are down 80%.
David Cresswell
,
thomas-westcott
We have been using Circit for a year now and have found the bank confirmation process a lot smoother than when we previously requested confirmations manually. Whenever there is a confirmation request that needs chasing with the bank, Circit keeps us updated on the position.
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