Case Study: Client On-boarding
The Client
Merger of the two major European Investment Banks.
The Challenge
The two major European investment banks had their own set of systems, procedures and clients that needed integrating into the single bank whilst continuing to on-board their new clients.
Implementation of a single Client On-boarding organisational structure and system and alignment of systems & procedures to a single global policy.
The Solution
Lysis provided experienced consultants with relevant expertise who used their skills in regulatory compliance and operational change to devise a suitable single solution to meet business needs of the merged bank.
A Target Operating Model incorporating a strategic systems architecture was developed.
A System Integration Plan leveraging the best of the breed technology and working practices was produced.
The Outcome
The Target Operating Model was implemented globally.
Synergies including staffing and applications support were delivered.
Operational effectiveness through global enablement of efficient workflow solution was in place.
Reduced administrative burden on Front-Office sales-focussed staff.