Case Studies

A leading Contract of Differences (CFD) broker, part of a larger financial services conglomerate believed they had a market-leading CFD platform and wished to white-label to smaller brokers and potential competitors to offer to their customers.

A major Egyptian bank with UK operations had a requirement to identify possible AML and CTF gaps and suggested improvements.

A UK domiciled crypto exchange with global reach had a regulatory requirement for crypto Money Laundering Reporting Officer (MLRO) support.

A prominent security services firm that forms part of a French multinational investment bank and financial services company asked Lysis to assist with the securities/back-office function within the multinational investment bank.

A UK-based online bank that provided multicurrency accounts for cross-border European transactions. The client wanted to enhance their customer on-boarding experiences and improve their CLM process.

A major global FTSE-100 financial services firm had one month to shape, scope and plan a 60-project programme of work in response to a Section 166 Skilled Persons Report requested by the Financial Conduct Authority (FCA). The firm also had to deliver all 60 projects over a twelve-month period with sub-deliveries due each month.

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.

A U.K based broker dealer required assistance with the management of their Financial Conduct Authority (FCA) issued Section 166 remediation notice.

A new to market crypto asset business domiciled in Ireland received a regulatory requirement from the Central Bank of Ireland to design and embed a financial crime, AML/CTF, governance framework.

A UK-crypto asset subsidiary of a Nasdaq-listed firm in the U.S. approached Lysis with the request to assist them with the process to obtain registration from the FCA which would enable them to operate in the UK market as a crypto asset business.

A major wholesale and retail bank with global reach had deficiencies it is AML governance framework along with its KYC operations.

A UK-crypto asset subsidiary of a Nasdaq-listed firm in the U.S. has a requirement to review their anti-money laundering (AML) policy framework and idetify possible gaps in line with FCA requirements.

A crypto asset custodian based in the U.K. with global reach approached Lysis with the request to assist them with the process to obtain registration from the FCA which would enable them to operate in the UK market as a crypto asset business. Due to the holding company’s strong global footprint, part of the FCA requirements for registration included the need for a UK based money laundering reporting officer (MLRO).

A global wholesale bank wished to select and implement a strategic, scalable, flexible client lifecycle management application that would be able to support the customer assessment requirements of its KYC and MiFID programmes as part of its Compliance framework.

Following a review from the Financial Conduct Authority (FCA) in 2021, and a subsequent letter from the regulator, the client had to address a number of gaps that were identified by the regulator.

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.

A large U.S based end-to-end human resources management firm and Lysis delivered a solution for the newly established UK/EU subsidiary which forms part of the SEC regulated entity.

A major European domeciled crypto asset exchange with global reach required a gap analysis to identify all deficiencies in their risk rating model and a roadmap that contains suggestions on how to improve this.

An international payment company with offices in major European hubs outsourced KYC service provision was unsitisfactory. A significantly enhanced and more effective capability was was developed by Lysis.

A London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.

A global bank, following a substantial cross-boarder banking merger, had two separate KYC/AML firms, policies, & IT infrastructures and need help with the harmonisation process.

A global securities house asked for help enhancing and streamlining its client on-boarding and AML TM capability and to off-shore certain parts of its AML processing.

A mojor european wholesale and investment bank with global reach asked for help meeting customer classification requirements.

A major bank with two major trsing entities wished to decrease time-to-trade processing overheads for new customers or new products for existing customers.

A major credit card company required the design and implementation of a bespoke iteration of the iMeta client on-boarding and lifecycle management system to meet specific business needs.

A crypto asset business, a subsidiary of a US Nasdaq-listed company requested assitance with the process obtain FCA registration. Lysis provided the client with a higly experience MLRO that worked with senior management to implement required controls and processes. The client was successful in obtaining FCA registration.

A London based financial institution with global reach had Lysis preform an AML Health Check.

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.