Regulatory Response Service
For the past 15 years, Lysis Financial has helped businesses reduce their operational losses and free up regulatory capital. Lysis solves firms’ regulatory problems, gets them out of trouble and helps keep them on a sound footing. Lysis takes a risk-based strategic approach into its projects and operational decision-making, enabling our clients to be assured of sustainable success. Discover more in this download.
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.