TABLE OF CONTENTS
    INDUSTRY: Multinational Banking
    COMPANY SIZE: 44,000
    LOCATION: Canada

     

    The Company 

    A storied global bank and financial services corporation. 

    The Challenge 

    The firm was looking for a solution to effectively manage Gifts and Entertainment and Outside Business Activities compliance across 40K+ employees to support a global anti-bribery and financial crimes initiative.

    The MCO Solution 

    As part of a global effort to improve financial crime compliance, the bank began an exhaustive and comprehensive search for a solution to improve Gifts and Entertainment and Outside Business Activities compliance. A division of the company was already using MCO solutions to manage personal trading and attestations. 

    The firm went with MCO because not only did the platform offer superior functionality for managing gifts and entertainment, but also because of the increased efficiencies of leveraging a single platform across different business units at the bank. The ability to separate data visibility and workflows for the different modules and groups in the platform was also a deciding factor. 

    Related Resources

    Read a white paper on optimizing the software selection process

    Read How Optimal OBA Compliance Goes Beyond Just Disclosures

     Watch an On-Demand Webinar on Gifts and Entertainment