

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 wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls.

A U.K. based broker dealer required assistance with the management of their Financial Conduct Authority (FCA) issued Section 166 remediation notice.

Two global banks merged and Lysis was asked to manage the integration of the KYC Operations functions globally for the wholesale & Investment Banking division covering 200,000 customers and 65 countries.