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Global Investment Bank Diversifies its Banking Capabilities

A major investment bank developing new commercial banking products needed expertise to document and manage risk exposure and expected controls around new offerings.

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THE CHALLENGE

A major investment bank with limited experience offering commercial banking products and services needed to obtain detailed and comprehensive knowledge about the risk exposure and industry expectations for a control environment that offering new commercial banking products in the market would entail.

THE SOLUTION

Exiger’s compliance professionals leveraged their deep experience managing the expectations of regulators, internal stakeholders and other industry participants with regard to both commercial banking risk management and new product development to develop product offerings and a control environment designed to meet the needs of the business, clients, regulators and other industry participants.

THE IMPACT

The client has been able to leverage Exiger’s risk analysis and recommendations for an optimal control environment not only to manage the roll-out of new commercial banking products but to enhance their risk controls for existing products as well.

ABOUT EXIGER


Exiger is a global regulatory and financial crime, risk and compliance company. Exiger arms financial institutions,
multinational corporations and governmental agencies with the practical advice and technology solutions they need to
prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities. Exiger works
with clients worldwide to assist them in effectively managing their critical challenges while developing and implementing
the policies, procedures and programs needed to create a sustainable compliance environment. A global authority on
regulatory compliance, the company also oversees some of the world’s most complex court-appointed and voluntary
monitorships in the private and public sectors.

Unique combination  of compliance, product design, payments, data analytics and systems design expertise

 

Worked across multiple Client stakeholder groups including compliance, IT and the business

 

Analyzed risks and optimal control environment for 25+ commercial banking product categories and numerous underlying products

The risk landscape is constantly changing. Hear about the latest with Exiger.