Mar 2025
The Compliance Trap: Why Rapid Growth Can Lead to Regulatory Failures
Growth at speed brings risks. When compliance fails to keep pace, companies become vulnerable to financial crime, regulatory penalties and reputational damage.
Lysis, a global group of companies specialising in AML and KYC consulting, services and training announces that it is partnering with Genpact (NYSE: G), a professional services firm focused on delivering digital transformation, to help large financial services organisations tackle financial crime compliance by combining deep domain expertise with advanced digital process innovation.
Genpact helps large financial organisations combat process inefficiencies with advanced digital technology through its AI-based platform, Genpact Cora, and provides industrial-scale delivery capabilities across the globe. The Lysis group of companies provide a strong European footprint with deep domain expertise across AML and KYC services, business change consultancy and comprehensive AML, governance, risk and compliance training. Through this partnership, the combined expertise of both firms will help financial services organisations transform their financial crime operations through the right blend of intelligent operations and technological innovation to maintain compliance but at a sustainable cost. Jon Sweet, CEO of the Lysis group of companies, says, “The regulatory and cost pressures that our clients are facing in complying with financial crime regulations continue to increase.
We are excited to be partnering with Genpact in a way that enables our clients to combine our deep local KYC and AML domain expertise and local operations with Genpact’s global delivery and extensive digital transformation capabilities.” “Partnering with Lysis will give our clients in Europe access to the local deep domain expertise they need, combined with our large-scale transformation experience and digital-led solutions in robotic process automation, AI, and machine learning – which are further strengthened by our sustainable global delivery and intelligent operations capabilities,” said Manish Chopra, Global Risk and Compliance Leader at Genpact. About Genpact: Genpact (NYSE: G) is a global professional services firm that makes business transformation real. We drive digital-led innovation and digitally-enabled intelligent operations for our clients, guided by our experience running thousands of processes for hundreds of Global Fortune 500 companies. We think with design, dream in digital, and solve problems with data and analytics. We obsess over operations and focus on the details – all 78,000+ of us.
rom New York to New Delhi and more than 20 countries in between, Genpact has the end-to-end expertise to connect every dot, reimagine every process, and reinvent companies’ ways of working. We know that rethinking each step from start to finish will create better business outcomes. Whatever it is, we’ll be there with you – putting data and digital to work to create bold, lasting results – because transformation happens here. Get to know us at Genpact.com and on LinkedIn, Twitter, YouTube, and Facebook. About Lysis: The Lysis group includes Lysis Financial, which provides strategic expertise, change management and project execution services to senior risk, compliance and operations management within financial firms, Lysis Operations, which focuses on AML & CLM processing, carried out by industry professionals, and Lysis Academy, which provides AML, KYC and Governance, Risk and Compliance training. Lysis has offices in London, New York, Frankfurt, Dublin and Edinburgh.
Growth at speed brings risks. When compliance fails to keep pace, companies become vulnerable to financial crime, regulatory penalties and reputational damage.
Financial crime compliance is undergoing a major transformation as regulatory demands, emerging technologies and evolving criminal tactics reshape the landscape.
The FCA published its formal response to the UK Government’s letter, which outlined expectations for fostering growth and innovation in the financial services sector.
