High Risk Corporate and Counterparty KYC Remediation for a Global Inter-dealer Broker

Following a visit from the regulator, a global inter-dealer broker was put under a Section 166 order.

Division
Operations & Resourcing
Industry

Corporate, Wholesale and Investment Banking

Service-line

KYC Remediation

I am the text that will be copied.

Download Case Study
The Client

A global inter-dealer broker

The Challenge

Following a visit from the regulator the firm was put under a Section 166 order due to concerns across their Governance Risk and Compliance capabilities

The Solution

Lysis worked with the Group Board to structure and run a major GRC remediation programme of c.60 projects:

  • One project was AML remediation ofHigh Risk institutional customer and market counterparty cases.
  • Lysis deployed a small and highly experienced team for this work.
  • The service included determining ownership and then remediation of all KYC and due diligence records, screening for sanctions, Politically Exposed Persons (PEP’s) and adverse media and enhanced due diligence as needed.
  • Lysis managed the pipeline and volume/throughput.
  • Detailed Management Information(MI) and progress reporting were provided on a regular basis.
Results
Ready to chat about how we can help you?
Get in touch today!
Get in Touch
Other Case Studies
Browse Case Studies
Consulting & Advisory
Providing an AML and Governance Framework
Payment Services & Card/ Merchant Acquirers

A large U.S. based end-to-end human resources management firm and Lysis delivered a solution for the newly established UK/EU subsidiary which forms part of the SEC regulated entity.

Read case study
Consulting & Advisory
Improvement of Customer On-boarding experience & end-to-end CLM Management
Corporate, Wholesale and Investment Banking

A UK-based online bank that provided multicurrency accounts for cross-border European transactions. The client wanted to enhance their customer on-boarding experiences and improve their CLM process.

Read case study
Consulting & Advisory
Client Monies Safeguarding Review and Remediation at a UK EMI
Payment Services & Card/ Merchant Acquirers

Assessment and remediation of the client monies safeguarding arrangements at a UK EMI.

Read case study

Offices across the globe

UK

EU

USA

ASIA

SA

Supported 75+ firms globably  
100s of Insights on LinkedIn
Book a free discovery call
Pages
HomeCase studiesInsightsTeam
Brands
Lysis AdvisoryLysis OperationsLysis AcademyLysis Fintech
TOP Services
BAU Managed Services
Client Data Integration, Management and Clean-up
CLM/ AML Operations
CLM Efficiency Improvement
Top Industries
Payment Services & Card/ Merchant Acquirers
Investment and Asset Management
Wealth Management and Private Banking
Crypto & Digital Assets

We service a global client list from offices in London, New York, Singapore, Dublin, Edinburgh, Paris and Cape Town

Call us on +44 (0) 845 658 0008

© 2025 Lysis Group Limited. All rights reserved.
Privacy Policy
Icons by icons8.com