Lysis, a global group of companies specialising in AML and KYC consulting, services and training announces that it is partnering with Genpact (NYSE: G), a professional services firm focused on delivering digital transformation, to help large financial services organisations tackle financial crime compliance by combining deep domain expertise with advanced digital process innovation.
Genpact helps large financial organisations combat process inefficiencies with advanced digital technology through its AI-based platform, Genpact Cora, and provides industrial-scale delivery capabilities across the globe. The Lysis group of companies provide a strong European footprint with deep domain expertise across AML and KYC services, business change consultancy and comprehensive AML, governance, risk and compliance training. Through this partnership, the combined expertise of both firms will help financial services organisations transform their financial crime operations through the right blend of intelligent operations and technological innovation to maintain compliance but at a sustainable cost.
Jon Sweet, CEO of the Lysis group of companies, says, “The regulatory and cost pressures that our clients are facing in complying with financial crime regulations continue to increase. We are excited to be partnering with Genpact in a way that enables our clients to combine our deep local KYC and AML domain expertise and local operations with Genpact’s global delivery and extensive digital transformation capabilities.”
“Partnering with Lysis will give our clients in Europe access to the local deep domain expertise they need, combined with our large-scale transformation experience and digital-led solutions in robotic process automation, AI, and machine learning - which are further strengthened by our sustainable global delivery and intelligent operations capabilities,” said Manish Chopra, Global Risk and Compliance Leader at Genpact.