Case Study: Global Bank and Broker-Dealer achieves faster supervisory review and quality control with Consilio LLC

Global Bank & Broker-Dealer Large Supervisory Review & QC

Global Bank and Broker-Dealer turned to Consilio LLC when its risk and compliance team needed help with a high-volume supervisory and quality control review. The client was managing hundreds of thousands of monthly communications flagged for review and needed additional support to meet regulatory requirements and independently validate the work already being done. Consilio LLC provided document review and risk management & compliance services.

Consilio LLC deployed a full-time team of experienced financial services document-review specialists to work under the client’s supervision and supplement its internal staff. This increased review capacity by 25%, helped identify confirmed and potential communication violations for escalation, and uncovered opportunities to improve quality control processes. The engagement was completed four weeks ahead of schedule and delivered an estimated 20% cost savings versus hiring FTEs.