Operations & Resourcing

-

Corporate, Wholesale and Investment Bank

High Risk Corporate and Counterparty KYC Remediation for a Global Inter-dealer Broker

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

Download Case Study

The Client

A global inter-dealer broker

The Challenge

Following a visit from the regulator the firm was put under a Section 166 order due to concerns across their Governance Risk and Compliance capabilities

The Solution

Lysis worked with the Group Board to structure and run a major GRC remediation programme of c.60 projects:

One project was AML remediation ofHigh Risk institutional customer and market counterparty cases.
Lysis deployed a small and highly experienced team for this work.
The service included determining ownership and then remediation of all KYC and due diligence records, screening for sanctions, Politically Exposed Persons (PEP’s) and adverse media and enhanced due diligence as needed.
Lysis managed the pipeline and volume/throughput.
Detailed Management Information(MI) and progress reporting were provided on a regular basis.

Results

More Case Studies

Browse Case Studies

Redesign and Implement a new FC Framework

A listed UK-Based subprime lender offering lower value short term loans needed to enhance, redesign, and implement a new FC framework. Lysis provided the client with a understanding of risks, practical advice on risk mitigation, & robust policies.

Service

Consulting & Advisory

Industry

Retail Banking

Corporate and Counterparty KYC Remediation and Golden Data Source Creation for a Global Inter-dealer Broker

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.

Service

Consulting & Advisory

Industry

Corporate, Wholesale and Investment Bank

Transaction Monitoring for a Major Credit Card company

A major credit card company and regulated PSP with global reach approached Lysis to uplift their transaction monitoring framework and operational controls.

Service

Operations & Resourcing

Industry

Cards/ Merchant Acquirers

-

Corporate, Wholesale and Investment Bank

High Risk Corporate and Counterparty KYC Remediation for a Global Inter-dealer Broker

Redesign and Implement a new FC Framework

Corporate and Counterparty KYC Remediation and Golden Data Source Creation for a Global Inter-dealer Broker

Transaction Monitoring for a Major Credit Card company

Offices across the globe.

UK

EU

USA

ASIA

SA