One of the largest US-based Tech commercial banks needed to build out their offshore capabilities. This included in-depth interviews with all potential analysts to determine experience. This produced a team of fully traineed KYC analysts and created the opprtunity for organic growth.
Corporate, Wholesale and Investment Bank
Building out Off-Shore teams
The client expressed a need to build-out their offshore capabilities. Therefore, they requested different scenarios that might be applied to complete the project successfully. This included the option to utilise Lysis resources to complete the project on behalf of the client and the other option consisted of the Lysis Group training the bank's internal resources to become effective KYC analysts, which was the preferred option. Therefore, Lysis was appointed to build-out an offshore KYC capability for the client.
This produced a team of fully trained analysts that could conduct end-to-end KYC analysis and created an opportunity for the bank to grow this team organically through cross-training. Most importantly, Lysis also made specific recommendations to the client on how to maintain the achieved level of standards. This involved the continuous assessment of their U.K. compliance standards and to implement quality assessments across the team to ensure that standards are maintained as well as ensuring that new policy procedures are absorbed universally across the firm.
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.
Our client was applying for Payment Services permissions from the Central Bank of Ireland and required support in defining and documenting the Governance and Compliance framework.
A London based financial institution with global reach had Lysis preform an AML Health Check.
