Why You Can Trust Us
ABOUT STATEMENT ANALYTICS
WHO WE ARE
Built by practitioners, for people who deserve
better financial clarity
Statement Analytics was founded and backed by seasoned industry professionals with deep experience on both the retail and institutional sides of financial services. After years in the field, our team recognized a significant gap: consumers and businesses had no access to truly objective, conflict-free analysis of their own financial data. Nobody was offering it — not banks, not advisors, not anyone.
Our research confirmed what we suspected. The market was saturated with advice tied to products, commissions, or relationships. We decided to change that. We invested in the technology and patents to build Statement Analytics: the highest-conflict-free ground in financial data analysis. We read your statements. We surface the truth. We never sell, share, or profit from your data.
OUR TEAM
The People Behind the Platform
Statement Analytics brings together professionals from the retail and institutional sides of financial services — data scientists, fintech engineers, institutional analysts, and technology builders who have spent careers inside the systems we are now making transparent.
Our team includes subject matter experts who have conducted institutional-grade analysis, engineers who have built financial data pipelines at scale, and practitioners who understand what it means to have financial information handled with care.
That depth of experience is reflected in every decision we make — from how we architect our encryption, to how we word every claim we make about what we do and don't do with your data.
100+
Years combined experience
Core disciplines represented
4
Institutional analysis subject matter experts
SME
AI+
Fintech data & analytics engineers
TEAM AT A GLANCE
Fintech Data & Analytics
Technology & Programming
Institutional Analysis
Financial Engineering
Risk & Compliance
HOW WE HANDLE YOUR DATA
Your Data Is Treated Like the Sensitive Information It Is
Bank statements contain sensitive information — your name, address, account number, and transaction history. We know this, and we treat every file accordingly.
Encryption
AES-256
Your file is encrypted the moment it reaches our servers and stays encrypted throughout processing.
Read-Only Access
Zero Interaction
We extract transaction data only. We never store login credentials — because we never ask for them.
Your Data
You Control It
We never sell your data. An account is required to upload — this ensures you can manage and delete your data at any time.
INFRASTRUCTURE & SECURITY
Google Cloud — Independently audited annually. Trusted by financial institutions worldwide.
Stripe Payments — PCI DSS Level 1 certified. We never see or store your card number.
AES-256 Encryption — Industry-standard encryption at rest and in transit.
SOC 2 Audited — Independent security audits. Certifications available on request.
HOW OUR INSURANCE WORKS
Plain-English explanation of what our insurance coverage means for you
Statement Analytics carries Technology E&O and Cyber Liability insurance through Everspan Indemnity Insurance Company (AM Best A–, Excellent), effective March 2026. Below is an honest explanation of what that means, what it covers, and — critically — what it does not cover.
If there is a data breach
Our Cyber Liability policy funds our full response. Specifically, it covers:
✓ Notifying you immediately — legally required and insured
✓ Forensic investigation to find and fix the cause
✓ Legal defense costs if claims are filed
✓ Regulatory response and compliance costs
✓ Credit monitoring services for affected customers
✓ Crisis management and PR response costs
If our analysis causes harm
If a software error, inaccurate analysis, or service failure caused you documented financial harm:
✓ Legal defense if you file a claim against us
✓ Settlements arising from technology errors
✓ Claims from negligence or service failure
✓ Errors in our AI-powered analysis output
✓ Failure to perform as described
COVERAGE AT A GLANCE
$2M
Per occurrence limit
Everspan AM Best rating (Excellent)
A-
Apr 2026
Coverage effective date
PLAIN-ENGLISH Q&A
Does this insurance pay me directly if something goes wrong?
No — and any company that tells you otherwise is misrepresenting their coverage. Our policy covers Statement Analytics' costs of responding to an incident: notification, investigation, legal fees, and regulatory response. It funds our ability to respond quickly and completely on your behalf.
Why does Statement Analytics carry insurance at all?
Because we handle sensitive financial data. An independent insurer assessed our security infrastructure and agreed to back us financially if your data were ever compromised. That underwriting process — where a professional risk team reviewed our systems — is itself a form of third-party validation.
What is the Artificial Intelligence Coverage Endorsement?
Many generic cyber policies explicitly exclude AI-related claims. Our policy includes an AI Coverage Endorsement, meaning the AI analysis we run on your statements is explicitly covered — not carved out. We made sure the actual product you use is insured.
Can I verify this coverage myself?
Yes. Our Certificate of Insurance is publicly available — no request needed. Download it directly from the banner at the top of this page.
What Our Insurance Does Not Cover — We Will Never Claim Otherwise
-
Direct reimbursement of your personal financial losses
-
Protection of funds held in your bank account (your bank's FDIC coverage handles that)
-
Any guaranteed prevention of security incidents — insurance is a response mechanism, not a prevention guarantee
-
Per-customer coverage limits — the $2M is per occurrence, not per individual
-
"You are insured" — the policy covers our liability costs, not a direct payment to you
Cyber Liability & Technology E&O Insured
$2M
Per occurrence limit
A-
Everspan AM Best rating (Excellent)
Apr 2026
Coverage effective date