Meridian Financial Group
Rebuilding Compliance for a Global Bank
A global bank with $340 billion in assets needed to overhaul its compliance systems after regulators identified serious gaps in how it monitored transactions.
Average detection time, down from 48 hours
Reduction in manual compliance tasks
Annual operational savings
Regulatory findings in follow up examinations
What they were dealing with.
Meridian's compliance team was using a mix of old tools, spreadsheets and manual reviews to manage obligations across 14 countries. When regulators examined them, they found it was taking up to 48 hours to flag suspicious transactions. That was not good enough.
What we built.
We designed and built a compliance intelligence platform that monitors every transaction in real time, generates suspicious activity reports automatically and keeps a clean audit trail of everything. We connected it to their existing core banking system through a custom API layer, so nothing had to be ripped out.
Discovery
Weeks 1 to 4
Deep dive into existing systems, data landscape and requirements. Full architecture blueprint produced.
Build
Weeks 5 onwards
Phased development with regular reviews. Continuous integration and stakeholder sign-off at each milestone.
Launch
Final phase
Production deployment, training and an active optimisation period to tune performance against agreed KPIs.
The results.
Average detection time, down from 48 hours
Reduction in manual compliance tasks
Annual operational savings
Regulatory findings in follow up examinations