

A European investment bank had a surge in hits from screening and on-going monitoring in relation to PEPs, sanctions and adverse media monitoring.
Corporate, Wholesale and Investment Banking
Screening Managed Service

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.

Although the client is based in the US, they have European subsidiaries which include the UK and therefore required Financial Conduct Authority (FCA) registration. In order to obtain registration as a crypto asset firm in the U.K. they had to comply with specific FCA requirements.

Lysis provided project management, senior & junior BA and domain expert expertise for a Fen-E to Fen-X Fenergo migration. Our team worked with client stakeholders.