AML Systems Selection and Implementation

A Global Wholesale Bank

  • Requirements definition and Request for Proposal (RFP) creation.
  • Development of the methodology to be used for scoring the RFP responses.
  • Structured systems workshops for short-listed vendors.
  • Proof-of-concept.
  • Management of a 20-strong implementation team covering business analysis, interface development and testing.
  • Roll-out, to tight regulatory deadlines, of the system to the global user-base.

The Client

A Global Wholesale Bank

The Challenge

The Solution

Lysis provided a programme manager, a project manager, a senior project management officer (PMO) and a team of business analysts (BAs) to work within the bank’s KYC operations management team to define requirements. Lysis resources were selected to provide experience of investment banking compliance and operations. They additionally provided extensive vendor management experience, coupled with strong organizational skills and deep experience of keeping complex programmes on track.

Lysis personnel took responsibility for: