We Help To Build Robust Defences Against Financial Crime
The threat of financial crime is a constant and evolving challenge. Fraud, money laundering, and other illicit activities can not only lead to significant financial losses but also damage your reputation and expose you to severe legal and regulatory penalties.
The regulatory landscape remains complex, with the introduction of ECCTA and reforms to money laundering regulations, all contributing to the need for financial crime transformation. With all of this in mind, Cyperion Solutions have built a market leading financial crime consultancy service. We have built a flexible product suit helping to support organisations through transformation using 2 core services: Cyperion Transformation & Advisory, and Cyperion Technology, Remediation and Project Delivery.
Our services provide full coverage of all financial crime compliance, from helping you to understand regulations and building frameworks, to implementation of transaction monitoring & sanctions systems, to full-scale managed services.
Financial Crime Solutions
Financial Crime Compliance, Risk & Project Delivery
Financial crime is a fundamental part of any compliance framework and we partner with organisations to deliver expert advice, solutions and project/technology delivery.
Cyperion can help you effectively manage financial crime compliance and risks relating to money-laundering, fraud, sanctions, ABC, and more. We have a team of experts, ready to partner with you and your organisation to help strengthen you defences.
Our core services fall into 2 categories:
Transformation & Advisory: If you need help to fundamentally change how your organisation manages financial crime risk, Cyperion can be your strategic partner. It's not just about meeting a regulatory deadline; it's about building a sustainable, effective, and efficient programme for the long term. Our services cover strategy design, Target Operating Model, policy reviews, framework review/design, managing financial crime operations, and risk assessments (enterprise and customer). We will help you to build a financial crime framework that works and satisfies regulatory scrutiny.
Technology, Remediation & Project Delivery: As a transformation and project delivery consultancy firm, your organisation can benefit from our industry-leading project delivery, combined with our expertise in financial crime. We can deliver strategic programmes including AML/KYC remediation, on-boarding and Client Lifecycle Management (CLM) solutions, transaction monitoring and AI integration. We can deliver technology solutions that fit with your risk appetite and financial crime strategy.
What We Do
Whilst we can satisfy any financial crime need you may have, below are some of our most popular services.
Advisory & Transformation
We have compliance experts who specialise in financial crime who can guide you through the regulatory landscape and help you to transform the way your organisation deals with financial crime risks.
Regulatory Remediation
S166 review or other regulatory requirements can lead to a firm requiring regulatory remediation. We can provide full services including AML/KYC, transaction lookback and all resources required for a comprehensive remediation programme.
AML/CTF/CPF
We can ensure that you have effective policies, controls and systems in place to fight economic crime and demonstrate to regulators that you have done everything within your power to minimise these risks.
On-boarding & CLM
We partner with technology providers who provide end-to-end on-boarding and client lifecycle management solutions. All of our solutions provide all necessary screening checks including AML/KYC at the point of entry and can be integrated into your existing systems.
Fraud Prevention
Our fraud prevention services involve helping to build effective strategies, choosing technology vendors for fraud prevention and transaction monitoring, and solutions for handling and escalating fraud alerts.
Technology Advisory
Financial crime technology is constantly improving, for organisation needs to be one step ahead in order to protect your customers. We have access to a wide variety of vendors providing platforms, AI and machine learning solutions.
What Problems Can We Solve?
Compliance with current and new regulations
Our financial crime experts are constantly scanning the horizon for any changes which could affect the way our clients. As a strategic partner, we keep our clints up to speed with developments to ensure they have adequate solutions in place for ensuring regulatory compliance.
Development of effective controls
Effective controls are vital in order to demonstrate that your organisation is satisfying its regulatory requirements. We help organisations to identify weaknesses in their controls and build long-lasting solutions that deliver compliance, reduce complexity, and increase efficiency through improved data and reporting.
More efficient client lifecycle management
Whether you have multiple systems that don't integrate, or you want to deliver a new end-to-end lifecycle management system, we have solutions for everyone. We work with multiple technology vendors to deliver customer lifecycle management solutions that can simplify your on-boarding and customer management. Many of our solutions include all screening checks required for on-boarding including CDD and EDD, and make the customer journey as simple as possible. We can also build end-to-end workflow for clients and integrate your risk/financial crime framework into the system.
Risk mitigation
The ultimate goal of any financial crime strategy is to lower or mitigate risks. Our comprehensive financial crime solutions help to do this through a combination of effective controls and processes, a framework that works, wide-ranging policies, and effective systems and technologies.
