

A major global bank needing a data clean-up post banking system implementation
Corporate, Wholesale and Investment Banking
KYC Remediation
A major global bank
The firm had implemented the Fenergo banking system which led to a data clean-up requirement and the opportunity was also taken to upgrade 10,000s of KYC files on financial institutions, corporates and market counterparties.
Lysis worked with the bank’s AML compliance and AML operations teams to provide the following services:

Lysis designed and implemented a compliance monitoring framework for a UK-regulated EMI. The aim of the framework was to ensure ongoing compliance with the Electronic Money Regulations 2011 (EMRs), including with the Money Laundering Regulations 2017 (MLRs).

A Norway-based crypto broker registered with the Norwegian Financial Authorities. The client had rapidly scaled its operations to meet growing demand in the crypto sector but faced increasing regulatory scrutiny from both national and European regulators.

The merger of two global investment banks required the implementation of a single client onboarding firm structure and alignment of systems and procedure to a single global policy.