First Derivative’s client is an Australian based Capital Markets broker
The client required support to facilitate ongoing in life periodic CDD reviews of its low, medium and high risk global investor and corporate client book
What we did:
Built a 55 person delivery team consisting of KYC analysts, QC’s, Pod leads, delivery lead and SME manager.
The team conducted reviews on clients for the banks businesses globally applying regional/local CIP’s across EMEA, Asia, South America, North America, Australia & New Zealand.
FD consultants carried out repapering for any non-AML requirements such as MiFID Classification, Dodd-Frank & Fatca/CRS if absent from client file.
Conducted WorldCheck & Factiva screening for PEP’s, adverse news, sanctions exposure & any ESR risk.
The results we achieved:
Quality The team are ahead of the clients own teams in terms of quality scores.
