A European Retail Bank with over 4000 employees globally had a tight regulatory deadline to review five years of transactions to identify suspicious transaction and cases of money laundering and/or terrorist funding.
Retail & SME Banking
Transaction Monitoring Remediations and Alert Backlogs
Lysis successfully identified deficiencies in the way in which the reviews of these cases had formerly been done which allowed the client to take positive remedial steps remain compliant with regulatory requirements.
A major global bank needing a data clean-up post banking system implementation
A major bank with two major trading entities wished to decrease time-to-trade processing overheads for new customers and for new products for existing customers.
A crypto asset business, a subsidiary of a US Nasdaq-listed company requested assistance with the process to obtain FCA registration. Lysis provided the client with a highly experienced MLRO and compliance team who worked with senior management to implement required controls and processes. The client was successful in obtaining FCA registration.