Beyond MI is a forward-thinking specialist financial crime risk management consultancy based in the UK with a global reach of clients. We provide tailored solutions in financial crime risk management governance and risk reporting to all levels of your organisation.
We provide insight and clarity on key risks and control environment effectiveness. We specialise in financial crime risk management governance, reporting and data quality allowing you to focus on managing risk in support of your strategic objectives.
The Financial Crime Risk Management landscape is constantly changing.
Accountable Executives and the Money Laundering Reporting Officer (MLRO) require complete, accurate and timely management information that keeps pace with increasing regulation, evolving financial crime threats and organisational restructures.
To meet their regulatory & fiduciary obligations Company Executives and the MLRO must demonstrate effective ownership and oversight of the financial crime risk and control environment. This is facilitated by implementing structured governance and MI reporting with targeted content and a risk appetite focus prepared by accountable owners.
Beyond MI specialise in enhancing risk oversight governance and implementing management information reporting for each target audience for effective financial crime risk management oversight.
Our governance, reporting and data experts work with you to implement:
Beyond MI work with your Board and Executive members to enhance financial crime risk management oversight. Good governance is demonstrated by accountability, ownership and oversight of financial crime risk.
Targeted Risk Management Reporting focuses on current and emerging risk exposure and provides insight into the effectiveness of the control environment to mitigate those risks.
Key risk and control environment insight measures, with client-specific risk appetite thresholds applied to alert risk owners to areas of risk reaching trigger or breaching limit.
Management information supported by robust data governance, aggregation and reporting principles prescribed by the Basel Committee on Banking Supervision.
Firm-wide financial crime compliance-focused assessments to benchmark your governance, reporting and data quality management against regulatory requirements and industry good practice.
Cost-effective short- and medium-term solutions to utilise our financial crime compliance experts in both project and BAU engagements.
Working with first-line and second-line teams to ensure financial crime risks are identified and managed.
Leading the design and implementation of your MI reporting system to provide complete, accurate and timely management information.
The suite of MI is comprehensive and … the new committees evidence that the structure and metrics drive appropriate discussion and adequately support planning discussions.
It is evident that financial crime risk is being discussed and challenged at a senior level with escalation channels in place to facilitate senior management oversight and challenge. The MI suite has been significantly enhanced, with KRIs clearly defined and tracked by the respective committees.
There is evidence of an effective Governance model that is capable of providing good oversight of Financial Crime risk and controls. The MI provides better insight into the financial crime risks faced by the business.
Beyond MI conducted a review of our Financial Crime Risk governance, reporting & data quality management. The outcome report provided clear and actionable recommendations that allowed my team to improve risk management oversight and insight capabilities ahead of a regulatory inspection.