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.
Corporate, Wholesale and Investment Bank
Merger & Integration Services
The merger of two global banks.
To integrate the KYC Operations functions including organisation, policies, processes, people, systems and data.
Lysis deployed an experienced change director to oversee the two-year programme and business and compliance analysts to conduct the workstreams.
We worked with bank personnel from both banks to:
Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
A major wholesale and retail bank with global reach had deficiencies it is AML governance framework and consequently with its KYC operations.
Our client wished to outsource the Client On-Boarding and AML Operations for its merchant acquiring business in Europe, replacing their current major global outsourcing partner.
