What they needed
A comprehensive due diligence and risk review, conducted by an experienced team of analysts, which included bilingual speakers fluent in Mandarin, Korean, Russian and Japanese, across a broad range of high risk client accounts.
How we helped
Momenta sourced a team of 30 qualified and experienced senior analysts to support the business in:
Investigative internal research using a variety of internet and third-party sources on prospective clients
Checking specific customer information (and potential transactions) and account documents to research and resolve issues
An analysis of source of wealth, beneficial ownership and other relevant risk information on existing hedge funds, mutual funds, SPV & PIV, trusts, private companies, partnerships, financial institutions, government entities, charities and pension accounts
Running daily surveillance of client accounts for anomalous, high risk or negative information
Liaising with members of the Risk, Operations, and Technology teams as well & external vendors regarding the due diligence investigations and other information requests
Supporting core functions of the KYC Unit on media surveillance, sanctions list screening and enhanced due diligence policies and procedures
