The merger of two global investment banks required the implementation of a single client onboarding firm structure and alignment of systems and procedure to a single global policy.
Corporate, Wholesale and Investment Bank
Target Operating Model
The two major global investment banks had their own set of systems, procedures and clients that needed integrating into the single bank whilst continuing to on-board their new clients. The requirement included the implementation of a single client on-boarding firm structure and alignment of systems and procedures to a single global policy.
Lysis provided experienced regulatory compliance and operational change consultants to design a suitable single solution to meet the business needs of the merged bank. A Target Operating Model which incorporated a strategic systems architecture was developed. Also, a System Integration Plan was developed to leverage the "best of breed" technology and working practices was produced. Lysis then successfully managed the execution of the programme over a 28-month period.
Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls.
Our client had been advised that their AML provisions were not up to the required standard and wished to remedy this before regulatory sanctions were imposed.
A major global bank, following a merger, had two global trading brands operating across 60+ countries globally.
