

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:

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.

A major European wholesale and investment bank with global reach was put under a Section 166 order due to regulatory concerns regarding their KYC and AML controls.

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