KYC Remediation - Major Bank
Lysis Operations Case Study: KYC Remediation – Major Global Bank. Lysis successfully worked with the client to pass the regulatory section 166 review and embedded a periodic review process to ensure the firm can deal with remediation requirements going forward.
Case Study: LYSIS & NAPIER Transaction Monitoring
Lysis Operations Case Study. The challenge: A requirement to have an effective transaction monitoring framework, operational controls and processing to manage and monitor payments across Europe and to establish a solution which can adapt and iterate with the constantly-changing regulations and requirements.
In this paper, we take a closer look at the numbers relating to payments, transactions, and the world of compliance to help explain why some of the current transaction monitoring technologies and operational controls struggle to identify illicit activity. We then look at the role of technology and what future developments will bring to transaction monitoring.