Case Study: a global bank and broker-dealer achieves faster supervisory review and QC with Consilio LLC

Global Bank and Broker-Dealer boosts review capacity 25% with Consilio LLC

The risk and compliance department of a global bank and broker-dealer required assistance with a high-volume supervisory and quality control review of over a million annual communications. To meet regulatory demands and validate its internal review process, the customer engaged Consilio LLC to provide additional support using its financial services document-review specialists.

Consilio deployed a full-time team of specialists to the client's offices, which increased the customer's review capacity by 25%. The solution was completed four weeks ahead of schedule and resulted in an estimated 20% cost savings compared to hiring full-time employees. Consilio also identified opportunities for process improvement while helping to flag potential violations for management.

Global Bank and Broker-Dealer