

A global securities house asked for help enhancing and streamlining its client on-boarding and AML TM capability and to off-shore certain parts of its AML processing.
Corporate, Wholesale and Investment Banking
CLM Process Efficiency
The bank wished to enhance and streamline its client on-boarding processes, enhance its AML transaction monitoring capability and off-shore certain parts of its AML processing. The scope of this was specifically for the core Capital Markets business, Private Clients, Commodities, Futures and Corporate Banking. At the same time, the bank had to implement major regulatory changes including MiFID and the FSA risk-based approach.

Our client had implemented a new transaction monitoring system and wished to ensure that the previous two years' transactions had been monitored effectively.

A major global bank needing a data clean-up post banking system implementation

A major bank with two major trading entities wished to decrease time-to-trade processing overheads for new customers and for new products for existing customers.