Client: Global Bank

  • In 2017 Hydrogen won an RFP against big 4 and boutique consultants to lead the delivery of a client review exercise
  • 8000 Corporate client files were reviewed within the bank’s FCC function
  • Hydrogen staff were onsite across Singapore, Hong Kong and London for a period of 6 months
  • The Statement of Work was lead by a bank FTE Project Manager and Hydrogen Lead

Challenge: 

  • The bank had a significant backlog of potential high risk client reviews 
  • Due to high levels of project spend, they had a limited budget 
  • Ability to onboard resources quickly
  • Required consultancy level quality with specific CIB experience and local language skills

Our solution: 

  • Identified and selected 22 CDD Consultants with CIB knowledge within 2 weeks
  • Made a significant cost saving against traditional consulting models 
  • 65% of the Consultants were extended or made permanent staff

Our network:

34
Current live Compliance assignments

 
240
KYC/CDD Resources with CIB experience
220
KYC/CDD Resources with PvB experience
130
Transaction Monitoring experience