2009-02-17 15:37:02 -
Complinet, the leading provider of connected compliance solutions to the global financial services industry, has announced that Calyon London branch has chosen and implemented an interactive classroom training tool from Complinet for Know Your Customer (KYC) regulation.
Calyon London branch has selected and deployed Complinet's interactive classroom training to train staff on KYC due diligence requirements when identifying clients in order to assist in the prevention of financial crime. The interactive learning tool assists client-facing professionals with the process and paperwork necessary to satisfy UK KYC requirements and will be delivered in a workshop format to facilitate understanding of the principles that need to be adhered to.
David Skade, Head of Financial Security and MLRO commented:
"KYC is not just a tick box exercise. When training staff, it is vital that the overall process is understood and knowledge of your customers' business activity is monitored and evaluated throughout the lifecycle of the relationship. We had very specific requirements and it was important to find the right provider. Complinet understood what we needed and demonstrated an understanding of our vision for training. Complinet delivered a tailored KYC interactive training program that has met with our expectations."
Mark Martin, Training Director, Complinet said: "We are very pleased that Calyon London branch selected us as their training provider. Our team was careful to ensure that we not only understood their requirements but could deliver all the positive elements of e-learning in an interactive environment. We are confident that Calyon London branch's KYC training plan will provide them with all the information and tools necessary to demonstrate KYC due diligence and aid in the completeness and quality of files submitted for validation."
About Complinet
Complinet is the leading provider of connected risk and compliance solutions to the global financial services industry.
Complinet's cost-effective range of services includes a 'complete' service that delivers insight and interpretation of regulatory risks and developments, a portfolio of compliance e-learning courses and solutions designed to help minimize exposure to risk by providing the ability to efficiently track and connect live external events, such as regulatory or sanction changes, with internal policy management. An extensive screening portfolio also provides a connected approach by linking due diligence, AML and anti-fraud activities into a unified risk-based platform.
Complinet was founded in 1997 and employs more than 200 people in its offices in New York, London, Sydney, Melbourne, Singapore and Dubai. Every day, industry professionals in more than 1,800 firms across 81 countries rely on Complinet to provide information, analysis and solutions that help them keep pace with changing regulations
www.complinet.com
About Calyon
Calyon is the Corporate and Investment Banking arm of the Crédit Agricole Group. With more than 13,000 employees in 57 countries, Calyon offers its clients a comprehensive range of products and services in capital markets, brokerage, investment banking, structured finance, corporate banking and international private banking.
The Corporate and Investment Bank is structured around four major divisions: Corporate and Investment Banking, Equity Brokerage and Derivatives, Fixed Income Markets and Structured Finance.
www.calyon.com
Complinet
North America
Nikole Tenbrink, +1 212-758-7000
pr@complinet.com
or
Complinet
UK
Michelle McCann, +44 (0)870 042 6400
pr@complinet.com 
