Capabilities /

Financial crime

Financial crime

Financial institutions consistently fail to tackle financial crime effectively, despite more than £150 billion being spent on it each year. That’s because the controls and compliance measures put in place to detect these crimes are seldom specific or targeted to the actual threats, leaving organisations exposed to loss, regulatory action and reputational risks.

We believe in a different approach. By understanding the unique risks a financial institution is exposed to, they can identify exactly how they are being exploited, allowing them to put in tailored controls to mitigate those threats and ultimately drive operational efficiency.   

Let’s take action together. 

Subject-matter expertise

At Baringa we have a team of dedicated financial crime professionals with a passion for preventing and detecting financial crime.

We support our clients to maximise the effectiveness of their anti-financial crime capability, whilst optimising this capability to make compliance cost efficient.​

  • Anti-Money Laundering (AML)
  • Counter-Terrorist Financing (CTF)
  • Know Your Customer (KYC)
  • Customer Due Diligence (CDD)
  • Market abuse
  • Anti-bribery and corruption
  • Fraud
  • Transaction monitoring
  • Customer screening
  • Payment screening
  • Trade surveillance

 

Regulatory Compliance

Technology Advisory

Solutions

  • Risk assessments – customer, product, industry
  • Maturity assessments (e.g. of existing financial crime controls)
  • Policy and procedure design and review
  • Operating model design and review
  • Process review and optimisation
  • Compliance and investigator training
  • MI definition and analysis
  • Vendor assessment and implementation
  • Customer segmentation
  • Rule and threshold tuning
  • Effectiveness testing
  • Watch list management and optimisation
  • System testing and lookback reviews
  • Compliance data quality assessment
  • Software design and development
  • Implementations and integrations
  • Solution support

 

To find out more or to arrange a product demo, please contact our Financial Crime team.

Meet members of the team

Richard Elliot-Cooke

Richard Elliot-Cooke

Director | Financial crime | London

Olivia Goldberg

Olivia Goldberg

Manager | Finance, risk and compliance | London

Victoria Kelly

Victoria Kelly

Manager | Financial Services | London

Simon McMahon

Simon McMahon

Spaden Elmhirst

Spaden Elmhirst

Would you like to work with us or find out more?Get in touch