AML and EDD

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From inception, Herminius has worked closely with financial institutions to understand the sources and legitimacy of wealth of key clients and counterparties, helping them to understand who they are doing business with, and enabling them to manage regulatory and reputational risk accordingly.

Often this will mean tackling questions around political exposure, sanctions risk, and whether money-laundering or other fraudulent activities are occurring.

Going beyond the surface-level understanding afforded by desktop research and database checks, we provide a depth and rigour of insight that identifies risks hidden from the public view, and bottoms out and contextualises those risks that our clients are already alert to.

Case Study: AML and EDD

Herminius was commissioned to provide a detailed profile of a businessman with operations in West and Southern Africa. The client understood that the businessman had been loosely tied to reports of arms dealing, procurement corruption, and bribery.

“This is awesome. Very well done to you and your team. Comprehensive and authoritative, really appreciate all the work that was done in such a timely way.”

A deal captain at a leading private equity firm

“Between December 2021 and February 2022 Herminius briefed the Joint War risks Committee on the increasing probability of a Russian invasion of Ukraine, and by mid-February briefed that the probability of invasion had reached 80%. This was at a time when many market players and their advisers continued to believe that an invasion would not take place. This allowed the JWC to take informed pre-emptive action ahead of the invasion based on Herminius’s advice.”

Neil Roberts, Secretary of the London Market’s Joint War risks Committee

“Herminius has been an outstanding partner for us. The team invests the time necessary to understand our goals and expectations, develops a comprehensive plan, and executes quickly and effectively. We are very happy to have them as a resource.”

The General Counsel of a private investment firm

“Herminius has become a mission-critical partner for us. Not many firms possess the kind of network access they do. Even fewer have the consistently good judgement to make sense of what they hear. They are flexible, responsive, and have shaped their product to our needs. Doing ‘a Herminius’ is now a standard part of our investment diligence. They are a provider we use heavily and trust.”

The Chief Operating Officer of a leading private equity firm

“We have partnered with Herminius in building a process that defines the standard of how we diligence and form a view of management teams. We have chosen Herminius because of their commitment to delivering a product that is both bespoke to our needs and actionable. They are ‘what good looks like.’”

Head of Talent at a major PE firm

“Herminius enables us to test the things we think we know, surface those we don’t, and shape our actions accordingly. The team is extremely responsive, has excellent access across the markets we work in, and is careful to understand our needs. We regard them highly.”

A senior Partner and member of the Executive Committee at a prominent investment firm