Sample Consulting Engagements featuring COOLMaps

Integrating controls across complex product or risk areas

Compliance

• Gap analysis, review and integration of the compliance program of a major retail bank across all products and services giving the client control over their compliance environment
• Gap analysis review for anti-money laundering compliance program for the Treasury and Capital Markets area of a large global bank as part of regulatory examination preparation
• Gap analysis, review, design and integration of supervisory program into all products and activities for foreign bank-owned broker-dealer
• NASD Rule 3012 review of global institutional broker-dealer including gap analysis of compliance and supervisory vulnerabilities
• Gap analysis of compliance and operational infrastructure for non-registered US investment adviser of major offshore global fund to ensure compliance with head office requirements
• Gap analysis of global securities offerings for SEC Rule 15a-6 compliance for major cross-border foreign bank owned broker to ensure conformance with SEC regulatory standards
• Gap analysis to determine OFAC “touch points” across all business areas of one of the world’s largest financial institutions to determine the scope and placement of controls and screening software  

Operational Risk

• Gap analysis and review of the Operations platform of all product areas of a major foreign bank as part of its global Basel II program
• Gap analysis and review of the Operations platform of a US subsidiary bank with foreign parent used to focus the remediation of  internal audit and examination issues

Financial Control

• SOX type analysis of the integrity of financial control and reporting environment for major financial institution not subject to Sarbanes-Oxley but requiring the same standard of assurance

Reputation Risk

• Detailed process flows over the customer service and operations area of one of the largest underwriters of sub-prime mortgages to identify potential areas of Reputation Risk using IMAG’s R3 Solution

Seamless Consolidation and reorganization of large areas 

• Modeling present and future state views reflecting changes which must be undertaken in all business delivery and operations processes of a major retail bank as it undertakes a complex, multi-faceted and time-sensitive system and operation platform migration

Introduction of new strategies, products and systems  

• Visual depiction of the changes to risk, credit and operational process across all areas of a major underwriter and syndicator of real estate transactions arising out of  the introduction of a new core risk control system
•  Future-state process flows which attach operational policies and procedures relating to the introduction of a core risk and processing system to increase staff awareness and understanding

Ensuring uniformity over geographic or cultural boundries 

• Design of future-state process flows embedding policy, procedure and forms to be used as easy-to-understand templates for implantation in worldwide office locations
•  Design of procedural templates for translation into other languages to provide a guidance and training tool for offshore outsource providers 

Clarity in communicating new ideas to everyone in a complete yet simplified manner

• Creation of single process map (replacing hundreds of process maps developed on various software) presenting a single, unified visualization of high level front-to-back processes at one of the world’s largest mortgage institutions for use before audit committees and regulators demonstrating control over a complex environment 
• Creation of detailed present-state process maps of foreign exchange and money market operations of one of the world’s largest banks to facilitate product expansion and to design controls over offshore processing 
• Creation of detailed present-state process maps which embed compliance policies, procedures, and forms within the front to back process of the lending, treasury and capital markets areas of a major foreign bank
• Creation of detailed present-state process maps which set forth the flow of and controls over material and sensitive information within the proprietary trading area of a major foreign bank, for use before audit committees and regulators and for staff training

Implementing a common vision of the future 

• Detailed future-state process flows setting forth the future-state vision of the corporate banking and capital markets area of a major foreign bank's US branch-in-formation to facilitate selection of operational and systems platforms