Our Advisory Services

We offer a broad range of advisory services in the most sought after areas. Our advisors are well known in their practice areas and have served in the roles in which they offer guidance. We understand the complexities involved in operationalizing solutions.

Key Advisory Areas

IMAG Advisory is expert in:​

    • Senior Advisory: providing governance, compliance guidance and Culture Change strategies to boards and senior management teams including program structure, staffing, integration, committees and reporting within business, operations, audit and technology platforms;
    • Financial Crimes: complete service offerings for all aspects of Financial Crimes programs including risk analysis, KYC, Model Validation, transaction monitoring systems, sanctions screening, reporting and training;
    • Risk Management: conducting risk based and control related diagnostic and vulnerability assessments, developing enterprise-wide risk management programs and risk measurement, alignment of business strategy against risks, “hidden” risks detection, developing Board level risk appetite programs;
    • AI: creation of “AI Adoption environments”, improving the utilization of advanced analytics, automation and data segmentation; 
    • Systems and Technology: gap analysis; technology rightsizing, system selection, transformation, upgrades, vendor selection and tool solutions;
    • Regulatory Structuring: determining the optimum structure and developing integrated controls for globally regulated businesses; reconciling and simplifying global policies to align with local requirements (i.e. Think Globally and Act Locally!);
    • Regulatory and audit response and remediation: oversee complex global remediations; planning and overseeing the remediation of material regulatory, risk, audit and control deficiencies; working directly with a client, overseeing the PMO and working under their lawfirm;
    • Audit and internal controls: developing “early warning” issue escalation and control assurance programs; training internal audit staff;
    • Forensic review and analysis: conducting public and confidential investigations;
    • Expert Witness: providing skilled subject matter testimony on a wide range  of regulatory topics;
    • Transitional Staffing: providing transitional and supplemental staffing of critical control roles.

Recent Engagements by Team Members

Governance Program

Senior advisors to a major, global SaaS company: identify key risks and controls; establish a Compliance Department and Compliance Committee with a focus upon trade sanctions and global privacy; draft key policies; coordinate roles and responsibilities among Legal, Risk and Compliance Departments;

Enhancement and Remediation

Multiple Financial Crimes engagements regarding the enhancement of existing programs, including oversight for the planning, design, implementation and remediation of all phases of the AML and sanctions risk; remediation planning and oversight of complex regulatory orders;

Delivery Platforms

Reviewing multiple digital delivery platforms for one of the largest global money transmitters in order to ensure conformance with KYC requirements;

Data Analytics

Reviewing the feasibility of adapting fraud technologies to encompass a wider area of Financial Crimes risk through the use of data analytics;

Risk Management

Advising a significant FinTech converting to a crypto asset custodian bank in establishing its risk management infrastructure and framework to meet enhanced regulatory requirements; Conducting a compliance risk assessment for digital assets to ensure applicability of banking laws and regulations and has provided guidance to the client in establishing more robust compliance management system; Conducting an enterprise-wide risk assessment for all functional areas of a trust bank to identify risks and evaluate embedded control environments;

Technology Assessments

Reviewing multiple technology platforms to determine enhancements and selection;

Sanctions

Overseeing and advising, from multi-global locations, the roll-out of the economic sanctions program of one of the largest global banks;

Controls

Managing the planning, execution and oversight of issue validation for consent order remediation;

Securities

Created multiple Broker-Dealers for foreign bank branches; expanded existing powers from brokerage to dealing powers

Internal Investigations

Conducting a detailed internal review in Europe of whistleblowing allegations for a major global client under the direction of outside counsel

On-site Advisory/Transition Management

Acting as on-site senior advisor to the financial crimes and project management area of a major European foreign bank branch during its remediation of regulatory actions; acting as interim Global Head of Compliance for a major global financial institution during a management transition;