

A major global bank needing a data clean-up post banking system implementation
Corporate, Wholesale and Investment Banking
KYC Remediation
A major global bank
The firm had implemented the Fenergo banking system which led to a data clean-up requirement and the opportunity was also taken to upgrade 10,000s of KYC files on financial institutions, corporates and market counterparties.
Lysis worked with the bank’s AML compliance and AML operations teams to provide the following services:

An international payment company with offices in major European hubs outsourced KYC service provision was unsatisfactory. A significantly enhanced and more effective capability was developed by Lysis.

A leading Contract of Differences (CFD) broker, part of a larger financial services conglomerate believed they had a market-leading CFD platform and wished to white-label to smaller brokers and potential competitors to offer to their customers.

Following a review from the Financial Conduct Authority (FCA) in 2021, and a subsequent letter from the regulator, the client had to address a number of gaps that were identified by the regulator.