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 Banking
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 outsource the Client On-Boarding and AML Operations for its merchant acquiring business in Europe, replacing their current major global outsourcing partner.
Our client had acquired a business from a competitor and had c.50-60 Payment Programme Managers and their programmes to on-board. They asked Lysis to supply a team of experts to do this work.
A London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.
