Reshaping Financial Crime Compliance for Sustainable Impact
Lysis Group’s Transformation service line helps financial institutions reimagine, redesign, and implement high-performance compliance functions. We partner with global banks, investment firms, fintechs, and service providers to deliver sustainable transformation across Anti-Money Laundering (AML), financial crime, and Client Lifecycle Management (CLM) — from initial diagnostic to full-scale implementation.
Whether driven by regulatory pressure, market expansion, digital innovation, or cost inefficiency, transformation demands more than a short-term fix. It requires the right strategy, expert delivery, and a focus on sustainable outcomes. That’s what Lysis delivers.
Our Transformation Offerings
Operating Model Design & Optimisation
We design and implement scalable, efficient, and risk-aligned operating models for compliance and CLM functions. Our models cover all elements of the Target Operating Model (TOM) — governance, process, technology, data, controls, and people.
Programme Mobilisation & PMO Support
From business case through to execution, we mobilise and manage transformation programmes — establishing programme governance, controls, and reporting to keep delivery on track and aligned with business goals.
AML & Financial Crime Control Uplift
We transform the full spectrum of financial crime controls — including KYC, CDD, EDD, transaction monitoring, screening, investigations, STR reporting, and more — to align with regulatory expectations and best practice.
Client Lifecycle Management Transformation
Our CLM experts help firms streamline onboarding, refresh, and offboarding processes — improving customer experience, reducing time to revenue, and strengthening compliance across jurisdictions and client types.
Technology & Platform Integration
We work with leading vendors and in-house solutions to deliver transformation through fit-for-purpose platforms, integrating CLM, screening, case management, and workflow tools. We ensure solutions are embedded, adopted, and delivering measurable value.
Remediation & Regulatory Change Delivery
We provide expert-led transformation support to deliver remediation, respond to regulatory actions, and implement new obligations across UK, EU, and global regimes — FATF, FCA, EBA, FinCEN, MAS, etc.
Data & MI Strategy
We help clients leverage compliance data more effectively — implementing golden sources, improving data quality, and establishing Management Information (MI) and Key Risk Indicators (KRIs) that drive insight, accountability, and better decisions.
Change Management & Training
Technology and process change only succeeds when people adopt it. We provide stakeholder engagement, training programmes, communications strategies, and culture change support to embed transformation across the business.
Why Choose Lysis for Transformation?
• Specialists, Not Generalists – We focus exclusively on AML, financial crime, and CLM, with deep expertise across regulated sectors
• End-to-End Capability – From strategic design through to execution and change adoption
• Regulator-Trusted Delivery – Our teams have supported regulatory reviews, skilled person (s166) responses, and enforcement remediations
• Technology-Enabled, Not Technology-Led – We make systems work for the business, not the other way around
• Sustainable Change – We don’t just fix problems. We build lasting capability and resilience
Typical Outcomes We Deliver
• 40–60% reduction in onboarding cycle times
• 25–50% increase in case-handling capacity through process redesign
• Reduction in false positives by up to 70% through screening optimisation
• Improved audit and regulatory outcomes across KYC and AML controls
• Tangible cost savings via location strategy, automation, and workflow rationalisation
• Increased customer satisfaction and faster time to revenue
Who We Work With
Our Transformation work spans clients across the financial services ecosystem:
• Global & domestic banks
• Investment & wealth managers
• Payment firms PSPs & EMIs
• Cryptoasset firms
• Trust & corporate service providers
• Fintechs scaling AML or onboarding capacity
• Managed service providers needing expert guidance
Let’s Shape the Future of Compliance
Your transformation should be driven by more than compliance. It should be an enabler of growth, resilience, and trust.
Reshaping Financial Crime Compliance for Sustainable Impact
Lysis Group’s Transformation service line helps financial institutions reimagine, redesign, and implement high-performance compliance functions. We partner with global banks, investment firms, fintechs, and service providers to deliver sustainable transformation across Anti-Money Laundering (AML), financial crime, and Client Lifecycle Management (CLM) — from initial diagnostic to full-scale implementation.
Whether driven by regulatory pressure, market expansion, digital innovation, or cost inefficiency, transformation demands more than a short-term fix. It requires the right strategy, expert delivery, and a focus on sustainable outcomes. That’s what Lysis delivers.
Our Transformation Offerings
Operating Model Design & Optimisation
We design and implement scalable, efficient, and risk-aligned operating models for compliance and CLM functions. Our models cover all elements of the Target Operating Model (TOM) — governance, process, technology, data, controls, and people.
Programme Mobilisation & PMO Support
From business case through to execution, we mobilise and manage transformation programmes — establishing programme governance, controls, and reporting to keep delivery on track and aligned with business goals.
AML & Financial Crime Control Uplift
We transform the full spectrum of financial crime controls — including KYC, CDD, EDD, transaction monitoring, screening, investigations, STR reporting, and more — to align with regulatory expectations and best practice.
Client Lifecycle Management Transformation
Our CLM experts help firms streamline onboarding, refresh, and offboarding processes — improving customer experience, reducing time to revenue, and strengthening compliance across jurisdictions and client types.
Technology & Platform Integration
We work with leading vendors and in-house solutions to deliver transformation through fit-for-purpose platforms, integrating CLM, screening, case management, and workflow tools. We ensure solutions are embedded, adopted, and delivering measurable value.
Remediation & Regulatory Change Delivery
We provide expert-led transformation support to deliver remediation, respond to regulatory actions, and implement new obligations across UK, EU, and global regimes — FATF, FCA, EBA, FinCEN, MAS, etc.
Data & MI Strategy
We help clients leverage compliance data more effectively — implementing golden sources, improving data quality, and establishing Management Information (MI) and Key Risk Indicators (KRIs) that drive insight, accountability, and better decisions.
Change Management & Training
Technology and process change only succeeds when people adopt it. We provide stakeholder engagement, training programmes, communications strategies, and culture change support to embed transformation across the business.
Why Choose Lysis for Transformation?
• Specialists, Not Generalists – We focus exclusively on AML, financial crime, and CLM, with deep expertise across regulated sectors
• End-to-End Capability – From strategic design through to execution and change adoption
• Regulator-Trusted Delivery – Our teams have supported regulatory reviews, skilled person (s166) responses, and enforcement remediations
• Technology-Enabled, Not Technology-Led – We make systems work for the business, not the other way around
• Sustainable Change – We don’t just fix problems. We build lasting capability and resilience
Typical Outcomes We Deliver
• 40–60% reduction in onboarding cycle times
• 25–50% increase in case-handling capacity through process redesign
• Reduction in false positives by up to 70% through screening optimisation
• Improved audit and regulatory outcomes across KYC and AML controls
• Tangible cost savings via location strategy, automation, and workflow rationalisation
• Increased customer satisfaction and faster time to revenue
Who We Work With
Our Transformation work spans clients across the financial services ecosystem:
• Global & domestic banks
• Investment & wealth managers
• Payment firms PSPs & EMIs
• Cryptoasset firms
• Trust & corporate service providers
• Fintechs scaling AML or onboarding capacity
• Managed service providers needing expert guidance
Let’s Shape the Future of Compliance
Your transformation should be driven by more than compliance. It should be an enabler of growth, resilience, and trust.
Reshaping Financial Crime Compliance for Sustainable Impact
Lysis Group’s Transformation service line helps financial institutions reimagine, redesign, and implement high-performance compliance functions. We partner with global banks, investment firms, fintechs, and service providers to deliver sustainable transformation across Anti-Money Laundering (AML), financial crime, and Client Lifecycle Management (CLM) — from initial diagnostic to full-scale implementation.
Whether driven by regulatory pressure, market expansion, digital innovation, or cost inefficiency, transformation demands more than a short-term fix. It requires the right strategy, expert delivery, and a focus on sustainable outcomes. That’s what Lysis delivers.
Our Transformation Offerings
Operating Model Design & Optimisation
We design and implement scalable, efficient, and risk-aligned operating models for compliance and CLM functions. Our models cover all elements of the Target Operating Model (TOM) — governance, process, technology, data, controls, and people.
Programme Mobilisation & PMO Support
From business case through to execution, we mobilise and manage transformation programmes — establishing programme governance, controls, and reporting to keep delivery on track and aligned with business goals.
AML & Financial Crime Control Uplift
We transform the full spectrum of financial crime controls — including KYC, CDD, EDD, transaction monitoring, screening, investigations, STR reporting, and more — to align with regulatory expectations and best practice.
Client Lifecycle Management Transformation
Our CLM experts help firms streamline onboarding, refresh, and offboarding processes — improving customer experience, reducing time to revenue, and strengthening compliance across jurisdictions and client types.
Technology & Platform Integration
We work with leading vendors and in-house solutions to deliver transformation through fit-for-purpose platforms, integrating CLM, screening, case management, and workflow tools. We ensure solutions are embedded, adopted, and delivering measurable value.
Remediation & Regulatory Change Delivery
We provide expert-led transformation support to deliver remediation, respond to regulatory actions, and implement new obligations across UK, EU, and global regimes — FATF, FCA, EBA, FinCEN, MAS, etc.
Data & MI Strategy
We help clients leverage compliance data more effectively — implementing golden sources, improving data quality, and establishing Management Information (MI) and Key Risk Indicators (KRIs) that drive insight, accountability, and better decisions.
Change Management & Training
Technology and process change only succeeds when people adopt it. We provide stakeholder engagement, training programmes, communications strategies, and culture change support to embed transformation across the business.
Why Choose Lysis for Transformation?
• Specialists, Not Generalists – We focus exclusively on AML, financial crime, and CLM, with deep expertise across regulated sectors
• End-to-End Capability – From strategic design through to execution and change adoption
• Regulator-Trusted Delivery – Our teams have supported regulatory reviews, skilled person (s166) responses, and enforcement remediations
• Technology-Enabled, Not Technology-Led – We make systems work for the business, not the other way around
• Sustainable Change – We don’t just fix problems. We build lasting capability and resilience
Typical Outcomes We Deliver
• 40–60% reduction in onboarding cycle times
• 25–50% increase in case-handling capacity through process redesign
• Reduction in false positives by up to 70% through screening optimisation
• Improved audit and regulatory outcomes across KYC and AML controls
• Tangible cost savings via location strategy, automation, and workflow rationalisation
• Increased customer satisfaction and faster time to revenue
Who We Work With
Our Transformation work spans clients across the financial services ecosystem:
• Global & domestic banks
• Investment & wealth managers
• Payment firms PSPs & EMIs
• Cryptoasset firms
• Trust & corporate service providers
• Fintechs scaling AML or onboarding capacity
• Managed service providers needing expert guidance
Let’s Shape the Future of Compliance
Your transformation should be driven by more than compliance. It should be an enabler of growth, resilience, and trust.
The difference between the two
A health check refers to a high-level review of the design of a framework and can identify major problem areas in a framework. A maturity assessment is more advanced and provides a detailed review of a firm’s framework which includes the testing of the effectiveness of the framework itself.
Health Check
Maturity Assessment
Review of policies relating to relevant regulations
Review of policies relating to relevant regulations
High Level mapping of policy to regulatory obligations
Detailed mapping of policy to regulatory obligations
Review all procedures relating to operational controls and map these back to the policies
Review all procedures relating to operational controls and map these back to the policies
High Level review of the regulatory framework covering relevant systems, processes and ensuring that governance is in place in order to meet current regulatory requirements
High Level review of the regulatory framework covering relevant systems, processes and ensuring that governance is in place in order to meet current regulatory requirements
High level review of all procedures and documents describing controls and processes (excludes control testing)
Review of all procedures, controls and processes including detailed controls testing.
Carrying out a sample review of the operational outputs (files, reports etc.) in line with current policy and procedures
Reviewing any risk methodologies applied in relation to the specific regulations
Reviewing and testing any monitoring programme - this will include system profiling and reviewing parameters, as well as sample checking the outcome.
Reviewing the firm’s reporting (regulatory reporting, SARs, STORs etc) and monitoring controls
Reviewing and testing the internal and external data inputs to the process and on-going review and escalation processes
Brief review of systems which the firm uses to benchmark to best practice
Brief review of systems which the firm uses to benchmark to best practice
Reviewing the training programmes
Reviewing the training programmes
Reviewing the data retention/record keeping arrangement in relation to its obligations
Reviewing the data retention/record keeping arrangement in relation to its obligations
Meeting with personnel in the 1st and 2nd line of defence to understand the processes they undertake and to ascertain the level of understanding of the regulatory requirements within
Presentation of detailed findings in report format
Presentation of detailed findings in report format including an assessment against the maturity of processes amongst similar firms in the market (market benchmarking) and its suitability for the firm's business mix and risks.
Increase effectiveness,
focus on efficiency
To optimise firms’ FC controls, require an increase in effectiveness of processes along with a dedicated focus on high efficiency which will facilitate sustainable processes to demonstrate effective FC controls under scrutiny.
Firms must also view the improvement of their FC controls as a good commercial investment by focusing on the business advantages these could have for the firm.
Developing Effective Financial Crime (FC) Frameworks
The following directional indicators provide a high-level overview of the implementation and ongoing assessment of sustainable FC controls.
Risks / Actions / Benefits
Assessment of FC risk & controls effectiveness (“FCRA”)
Understand the FC risk and the effectiveness of existing controls.
Create and maintain a library of existing FC risks & controls (tested & untested)
Conduct the mandatory annual FCRA, to drive decisions on: Improvements /transformations; Resources; Management of gaps and de-risking activities; Prioritisations and budgets; MLRO report.
Cost / benefit analysis and assessment of FC controls
Provide clearer understanding of the real cost of compliance.
Continuous risk/benefit assessment to drive controls enhancement and optimisation across FC operations (KYC/KYCC, TM, Screening, escalation);
Effectiveness of FC risk and controls reporting (MI – complete,
accurate and timely);
Costs and impact analysis on:
De-risking – cost/benefit, strategy, action;
Optimisation of FC controls - Sustainability
Improve the effectiveness and efficiency of FC controls driving sustainability.
Prioritisation & decision – FC governance - supported by complete, accurate & timely MI;
Budgets – Senior executive and board approval
Supporting resources planning for 6 months/12 months/3 years to
support:
Lean FC governance and robust 3LoD structure and capabilities;
Clear and realistic objectives taking into consideration the 10
universal outcomes of Principled Performance;
Adequate resources with the necessary skills and expertise to drive
high performance.
Automation focus on optimisation across:
Assurance and Testing
Assess, measure, and provide ongoing assurance.
Development of assurance plan and control testing – assess and measure;
Reporting into a functional FC Governance structure to support decisions:
Executive decisions;
Committees & forums.
Escalation and decision on tactical/planned improvements.
