Lysis worked with the bank’s AML compliance and AML operations team to provide the following services:

• Mobilised 30 KYC Subject MatterExperts (SMEs) and embedded an operational and management structure to work according to the client’s demands.
• Remediated 10,000s of high and medium risk UK corporate KYC files including ownership, re-screening for sanctions, Politically Exposed Persons (PEP’s) and adverse media and enhanced due diligence as needed.
• Lysis managed the pipeline and volume/throughput and was responsible for quality management, process improvement and metrics/MI.
• Detailed Management Information(MI) and progress reporting was provided on a regular basis.
• Lysis also contributed to process improvement and trained a bank team in India.