Embedding a new AML Framework at the world’s largest ManCo.

Background

First Derivative acted as the remediation, transformation and implementation partner, as our client worked with the CBI to address findings in their AML program.

What we did

FD collaborated with the client to address and resolve all findings from the CBI.
Full KYC remediation completed across Ireland, Luxembourg and Cayman
Target Operating Model was designed across jurisdiction, technology and process.
Vendor selection methodology designed, including a detailed tech assessment to establish a new end-to-end CLM platform.
FD acted as the implementation partner for the client and Fenergo, executing pre / post implementation strategy.

The results we achieved

Delivered full compliance with CBI, resolving all findings and ensuring regulatory alignment across jurisdictions.
Cross jurisdictional operating model implemented, streamlining processes.
End – to – end CLM platform delivered driving long-term operational excellence.