Financial institutions face a growing list of financial crime compliance obligations. In an environment of consistent cost pressure, increasing regulatory demands that often require technology upgrades are creating significant compliance risks, as well as the threat of regulatory censure and/or fines.
CRISIL GR&RS helps clients develop and implement holistic FCC frameworks that guarantee the right metrics are in place and that senior management has visibility across the entire FCC regime.
Our services include:
Designing and developing Target Operating Model
Designing Framework, policy procedure - simplification and optimization
Regulatory reporting
Risk and control assessment
Control transformation
Risk typology and coverage assessment (RTCA)
Regulatory and internal reporting
Remediation
CRISIL EDGE
Deep domain expertise in financial crime compliance across financial services businesses
Scalable and flexible operating models customised to suit client requirements
Access to proprietary platforms and automation tools to deliver efficiencies
Global pool of statisticians, database/technology specialists and operations associates with expertise in financial crime compliance activities
A robust data protection and compliance framework that can emulate clients' in-house standards
Global footprint with multi-language support spanning various time zones
Hands-on experience of key vendor tools such as Actimize, Mantas, Norkom, etc. and additional tools such as Teradata/SQL, SAS etc.
Deep understanding of statistical, machine learning, and other analytical techniques
Deep domain expertise in financial crime compliance across financial services businesses
Scalable and flexible operating models customised to suit client requirements
Access to proprietary platforms and automation tools to deliver efficiencies
Global pool of statisticians, database/technology specialists and operations associates with expertise in financial crime compliance activities
A robust data protection and compliance framework that can emulate clients' in-house standards
Global footprint with multi-language support spanning various time zones
Hands-on experience of key vendor tools such as Actimize, Mantas, Norkom, etc. and additional tools such as Teradata/SQL, SAS etc.
Deep understanding of statistical, machine learning, and other analytical techniques