Background
FinServ Corp, a financial services company, faced challenges in keeping up with the rapidly changing global regulatory landscape.
Objective
To implement a comprehensive compliance framework that aligns with international financial regulations.
Solution
Shimento developed a customized compliance framework, integrating technology and legal expertise. This framework ensured FinServ Corp’s adherence to regulations such as GDPR, KYC, and AML standards.
Outcome
- Achieved 100% compliance with international financial regulations.
- Reduced legal and compliance-related costs by 20%.
- Enhanced reputation and trust among clients and partners.