Unique Advisory Services and Expertise

Our team of experts assisted a foreign banking organization develop a clear and concise plan for deploying a regional credit underwriting team.  Successfully implemented advanced credit risk models (PD, LGD, EAD) coupled with Tableau's interactive visualization for our client.  

Our team conducted a comprehensive, independent AML Program review of a covered financial institution's compliance with NYS Title 23 200 and NYS DFS Rule 504.

Our team provide a foreign banking institution with customized operations management solution that streamlined staffing, enhanced internal control processes and improved efficiency by 35%.

Our team provided in-depth knowledge of risk assessments to assist a foreign banking organization enhance its' understanding of material risks faced and how they mitigate inherent risks across the business lines with internal controls.

Thorough testing and data analysis by our team revealed discrepancies and missing information in the client's transaction monitoring system. Identified overlapping alert scenarios, suggesting potential inefficiencies. Recommended system adjustments and the removal of scenarios to improve the efficiency of the client's AML systems.

The client wanted to implement a digital initiative that would provide a seamless integration between digital and human touch points. Our team performed a risk assessment and developed risk action plans to enhance the customer experience.  We created an implementation blueprint along with key risk factors and key internal controls.

The client wanted to train a global groupwide audience on sustainable finance. The training was deployed via the Bank's internal learning platform through a live stream, attracting over 300 attendees including a prioritized road map of sustainable finance initiatives along with the key performance indicators (KPIs), data requirements, and reporting frameworks that will be used to measure and communicate results. 

The client recognized the need to align their liquidity management with regulation. They engaged NextAML to align the liquidity management program with regulations, improve funding efficiency and effectiveness, and strengthen measurement and monitoring.

The client recognized the need to assess the state of their cyber security program for compliance with NYS DFS Rule 500 and the NIST framework. Our team developed a prioritized roadmap and action plan to resolve and mitigate all deficiencies.

The client recognized the need to demonstrate cross border regulatory compliance, traceability of policies, processes and controls. The RegTech solution our team provided standardized policy and control management, implementation and distribution of controls, compliance activity tracking, and significantly reduced breaches.