A global wholesale and investment bank needing client on-boarding and AML Support
Corporate, Wholesale and Investment Banking
Client On-boarding and AML Managed Services
A global wholesale and investment bank
The firm was looking for a long-term partner to provide surge resourcing to deal with periodic spikes in the volume of BAU client on-boarding and refresh.
These peaks have been driven by events such as regulatory change, book transfers and the build-up of backlogs with the bank’s in house teams. Lysis has provided experienced on-shore Client Outreach and CLM/AML Analysts, QCs and ComplianceOfficers to cover surges in books of business in the UK and the EU. The team size has flexed as volumes demand, peaking at 20 resources and sometimes as low as one or two. This relationship has been running for 12+ years.
A European Retail Bank with over 4000 employees globally had a tight regulatory deadline to review five years of transactions to identify suspicious transaction and cases of money laundering and/or terrorist funding.
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.
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.
