Gibraltar Case Study
How we solved problem
Gibraltar Private Bank & Trust implemented Global RADAR as part of their plan to address their remediation efforts to ensure clients were properly risk rated and that the high-risk clients Know Your Customer profiles were comprehensive. While all operational requirements were met, added system functionality ensured that clients were properly risk rated.
Following the deployment of Global RADAR, Gibraltar’s Know Your Customer / Customer Due Diligence process and risk-rating remediation project was a success. Addressing the deficiencies of the consent order related to KYC/CDD with this tool, ensuring that client profiles were adequate, lead to the eventual lifting of the consent order.