Avantage Reply assisted the internal audit department of a leading private bank in the Eurozone, a less significant institution (LSI) that is part of an international group.
The customer’s goal had two main aspects:
There were two primary challenges:
Avantage Reply approached the problem in a structured and efficient manner, tackling the internal review by systematically executing numerous tasks:
The overall deliverable from the assignment was a complete audit report with the main conclusions and key findings and comprehensive documentation in the Bank’s audit tool of the approach. The review consisted in assessing the following areas: