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.
Corporate, Wholesale and Investment Banking
KYC Remediation
Lysis used a series of semi-automated tools to identify common customers across multiple different databases and created a clean customer record. The tools also flagged incomplete records or those requiring remediation according to specific risk-based criteria. Lysis analysts then remediated the customer records to ensure that the customer and AML compliance data was complete and up-to-date before loading the customers into the firm's Reuters GoldTier. Lysis assisted the client by creating clean customer records and also applied specific risk-based criteria during the remediation process to establish a golden source of customer data.
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.
A major wholesale and retail bank with global reach had deficiencies it is AML governance framework and consequently with its KYC operations.
Assessment and remediation of the client monies safeguarding arrangements at a UK EMI.
