Lysis Group has a specialist client lifecycle management (CLM) and financial crime compliance (FCC) operations division (Lysis Operations) which provides teams to carry out the operational work involved in BAU client on-boarding, ongoing monitoring & screening for sanctions, PEPS & adverse media, Know Your Customer (KYC) remediation & refresh, transaction monitoring BAU/remediation and suspicious transaction filing.Our customers for these services include some of the world’s largest banks as well as other financial services firms and those in digital assets, real estate and gaming/Gambling. We have knowledge and practical experience of the requirements across multiple regulatory jurisdictions including the UK, EU, US, APAC and LatAm.
successful projects
countries supported
Our services provide coverage across the full spectrum of client on-boarding, client outreach, due diligence, regulatory classification, management of Politically Exposed Persons (PEPs), screening and ongoing monitoring and transaction monitoring. We cover BAU onboarding, ongoing monitoring and refresh as well as remediations and backlogs.
Client on-boarding, client outreach, due diligence, regulatory classification, management of Politically Exposed Persons (PEPs) & screening.
Explore serviceA surge in workload caused by a significant remediation requirement.
Explore serviceWe also support our customers via BAU services where for example we might provide a client on-boarding team for a new business line.
Explore serviceOur well-established on-shore capability in the UK, Ireland and the US and our near-shore operating centre in Cape Town, South Africa.
Explore serviceOur Full-Platform Managed Service provides the people, process and technology for a complete client on-boarding and CLM.
Explore serviceLysis Operations make use of a market leading operational risk framework and follows best practice industry standards.
Explore serviceWe also have a strong customer data capability having integrated the wholesale banking customer and compliance data.
Explore serviceWe have a distinct client focus which is why we are always on the lookout for process improvements and will make recommendations to clients, where necessary. As a result, we have seen the benefits of cross-trained staff, first hand, especially when it comes to delivering seamless operations in the most cost-effective manner.
Explore serviceWhilst transaction monitoring and customer screening rely heavily on automated systems and technologies, it is equally important to ensure that the people employed to manage the process and the outputs of these systems are adequately skilled and well resourced.
Explore serviceThe screening processes rely on both small and large teams of specialised analysts who manually review transactional data information which can lead to a significant cost for a firm. We apply a cost-effective four-stage process for initiating, running, and completing transaction monitoring remediation projects.
Explore serviceAll our staff are experienced and cross-trained in AML, KYC, and other financial crime requirements. We deploy teams of expert KYC managers, KYC analysts and quality assurance (QA) analysts within a rigorous quality assurance framework to ensure efficient, high-quality case execution in your business environmen
Explore serviceOur award-winning managed service offering is fully configured to suit firms' individual risk appetites and operational controls and are perfectly adaptable to meet firms’ policy requirements in a dovetailed manner.
Explore serviceThe size of our teams can vary from five to 200 expert analysts, review teams and management, and is dependent on the unique client requirements. When it comes to procedural requirements or volume changes, our teams are rapidly scalable to manage any increase in the workload.
Explore serviceLysis provides expert-led sanctions screening, ensuring compliance with global regulations, reducing financial crime risk, and supporting confident decision-making through accurate, timely identification of sanctioned individuals, entities, and jurisdictions.
Explore serviceLysis delivers expert support in anti-fraud detection and prevention, helping organisations identify risks, investigate suspicious activity, and strengthen controls to protect against internal and external fraudulent threats.
Explore service
A crypto asset firm domiciled in the US asked Lysis to support the firm's financial crime framework and policy creation for transaction monitoring across the UK, US, and for the rest of the firm's global customer base to improved risk management, quality and increased operational efficiency.
Our client had identified a tranche of several thousand corporate and retail customers for which they wished to remediate the Know Your Customer (KYC) data held and to re-assess whether the interactions with the retail customers were compatible with Responsible Gambling requirements.
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.
A European investment bank had a surge in hits from screening and on-going monitoring in relation to PEPs, sanctions and adverse media monitoring.
Our client was setting up a new online gaming licensing authority and sought a partner to on-board licensees and to manage the on-going governance and compliance operation.
A significant UK and US corporate bank with questions around the quality of the firm’s AML capabilities and customer files
Following a visit from the regulator, a global inter-dealer broker was put under a Section 166 order.
A major estate agency had a need to establish a Know Your Customer (KYC) function which was able to scale and undertake a remediation exercise to meet new regulatory requirements (i. e. , 4MLD) and to build out a business as usual (BAU) function to service ongoing requirements.
The client is incorporated in Ireland as an Irish Collective Asset-management Vehicle (ICAV). The client is an American investment fund which specialises in lending large amounts of money to various entities ranging from listed entities to unregulated entities based in the USA.
A major wholesale and investment bank with global reach was placed under a Section 166 order regarding their KYC and AML controls.
A global wholesale and investment bank needing client on-boarding and AML Support
Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
Recently implemented the banking system and needed additional BAU resources
Our client had implemented a new transaction monitoring system and wished to ensure that the previous two years' transactions had been monitored effectively.
A major credit card company and regulated PSP with global reach approached Lysis to uplift their transaction monitoring framework and operational controls.
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.
A major bank with two major trading entities wished to decrease time-to-trade processing overheads for new customers and for new products for existing customers.
A UK-based specialist bank that is primarily a specialist mortgage lender to retail clients. The bank also provides both small business and personal finance. They needed assitance to ensure that their new and exisiting client books comply with AML regulations.
Our client had a substantial backlog of transaction alerts. They were concerned that these included a number of true positives that therefore indicated suspicious activity and required reporting.
Lysis designed and implemented a compliance monitoring framework for a UK-regulated EMI. The aim of the framework was to ensure ongoing compliance with the Electronic Money Regulations 2011 (EMRs), including with the Money Laundering Regulations 2017 (MLRs).
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Our services provide coverage across the full spectrum of client on-boarding, client outreach, due diligence, regulatory classification, management of Politically Exposed Persons (PEPs), screening and ongoing monitoring and transaction monitoring. We cover BAU onboarding, ongoing monitoring and refresh as well as remediations and backlogs.
remediation customers who have retained our team to supplement BAU resourcing
AML cases successfully remediated for our clients
Our services provide coverage across the full spectrum of client on-boarding, client outreach, due diligence, regulatory classification, management of Politically Exposed Persons (PEPs), screening and ongoing monitoring and transaction monitoring. We cover BAU onboarding, ongoing monitoring and refresh as well as remediations and backlogs.
