Are your KYC & AML services holding up?
With concerted growth in compliance obligations being placed on banks, we are seeing an increase in the requirement for Remediation Processes.
According to a recent Reuters article, the laundering of “dirty money” connected criminality is on the up. As much as $2tn a year worldwide could be laundered if UN estimates are to be believed. The article went on to point the finger towards the “lax European banking system”.
Our remediation projects help organisations quickly and proactively solve the challenges associated with legislative and compliance changes that result in large additional requirements for specialist skills and resources.
Having recently placed a team of KYC analysts into a global bank, we are well placed to provide organisations with services such as KYC, AML and EDD assistance.
We deliver projects under a Statement of Work, working closely with organisations to ensure that projects are delivered in as smooth a manner as possible. Our Project Management Office (PMO) provide regular reports in terms of project completion and budget spend, giving continued visibility and control over the process, ensuring all parties have transparency.
Recent client projects:
- Know Your Customer (KYC) – Delivered over 50 specialist contractors to support a global bank across multiple sites
- Fraud Investigation – Project delivered to a large global bank saving them 20% over the previous service provider
- Investigators – Managed a team of over 100 consultants delivering investigations to a large financial services institution
To discuss the above in further detail please contact me on firstname.lastname@example.org