CONSULTING SERVICES
FOR BANKS & FINANCIAL INSTITUTES

Business Titans is managed by professionals with senior-level experience in Corporate & Investment Banking and Private Banking. We help Banks and Financial Institutes with a Structured Program and Flexible Services.

 

Compliance Enhancement Program

Compliance Managers who wish to get their department systematically analyzed to identify pain points and solutions will find value in our Compliance Enhancement Program. This program is designed in 3 phases and works with the scope of your choice.

Sample Pain Points

  • Pain Point:

    • The management has no overview of the productivity and backlog situation of compliance

    Solution Example:

    • Compliance Dashboard: Smart KPI- and KRI-System to provide full transparency and control to management

  • Pain Point:

    • The business is not escalating compliance-relevant cases correctly or at all

    Solution Example:

    • Policy Works: Updating the policy, training workshops, inclusion into trainings and sensibilization mailing

  • Pain Point:

    • The error rates of the manually processed compliance files is constantly above 5%.

    Solution Example:

    • Quality Control: Setting up Sign-off System for sensitive activities & monthly quality control (3-Lines of Defense)

  • Pain Point:

    • The integrity of the bank has been made dependent on a single layer of control.

    Solution Example:

    • 3-Lines of Defense: Systematic reduction of human-errors and misconducts through the FATF-recommended 3-LoD

  • Pain Point:

    • Staff is unaware of AML-risks and is not trained regularly

    Solution Example:

    • Compliance E-Learnings: Automation of awareness trainings for the entire company to stay compliant

 
 

Compliance On-Demand Services

Business Titans also offers stand-alone basic and advanced services in Compliance and regulatory areas, including Project Taskforce Missions and Daily Business Support. Our On-Demand Services are highly flexible and available on freelance, contractor or outsourcing-basis.

Use Cases

  • Cut your compliance workforce costs by outsourcing KYC Onboarding & Due Diligence tasks to Business Titans.

    We are proficient in transaction monitoring, watchlist screening, New Business Onboarding of lower and higher risk clients, sanctions screening, enhanced due diligence and handling of CDB documents.

    Our knowledge covers the basic regulatory needs for Swiss (CDB20) and German (GwG) customers.

  • An increasing trend in regulatory affairs is the systematic check of suppliers. We use bank-standard tools to screen and report the findings when onboarding a new Supplier.

    Enabling this process will also increase your rating among some banks as it is a best practice for good governance.

  • We help you to develop an efficient campaign system to periodically review your clients or take-over a part or in full the handling of the client reviews.

  • Outsource your due diligence check processes, watchlist screenings and transaction monitorings to us.

    Alternatively, as a risk mitigation strategy, you can ask for an objective opinion for sensitive due diligence findings.

    We will adopt the tools that your regulator requires and align with your processes.

  • Get support to set up the FATF-recommended 3 lines of defense for your financial institute.

    We will analyze your departmental set-up and craft an orgchart, teams, roles, process maps and a KPI system for you.