<img alt="" src="https://secure.data-insight365.com/782167.png" style="display:none;">
Skip to content

ID-Pal and Albany Beck Announce Strategic Partnership to Enhance KYC and AML Programmes

Author: Albany Beck
Posted in: Insights
Read Time: 1 Min Read

Albany Beck, a world-class supplier of the highest-quality consultancy talent to financial institutions and ID-Pal, a global leader in digital identity verification solutions, are thrilled to announce a strategic partnership aimed at revolutionising KYC & AML compliance processes.

Albany Beck’s highly reputed AML/KYC Academy delivers regulatory and on-the-job training and development for consultants with an approach that ensures consultants are equipped with the most comprehensive best-practice industry skills to conduct AML/KYC reviews to regulatory standards and effectively meet internal Anti-Money Laundering policies and procedures.

ID-Pal’s award-winning identity verification and AML screening solution uses 100% AI-powered technology to verify identities and addresses in real-time. Fast becoming the go-to provider within the financial, fintech and investment sectors, ID-Pal’s proven ability to prevent fraud with industry-leading accuracy and robust audit trails makes them a trusted partner for the financial services industry.

With ever-evolving sophistication and complexity of fraud threats globally, ID-Pal and Albany Beck will leverage their combined expertise to strengthen and streamline KYC and AML programmes for businesses worldwide. This partnership aims to provide a comprehensive solution that integrates Albany Beck's resourcing and training capabilities with ID-Pal's innovative technology, ensuring compliance, enhancing customer experience, and mitigating risks associated with financial crimes.

"Our partnership with ID-Pal marks a significant step forward in enhancing AML/KYC programmes. By combining our training and development expertise with ID-Pal's advanced technology, we can deliver unparalleled value to our clients, providing experts who will continue to deliver immediate impact, protecting the firms we work with and their end customers," said Emer McPartland, Partner Head of AML KYC of Albany Beck.

"We are excited to partner with Albany Beck, whose expertise in resourcing AML/KYC programmes complements our technology perfectly. This collaboration will enable us to offer a holistic solution that addresses the challenges of KYC/AML compliance effectively," said James O’Toole, Chief Business Officer of ID-Pal.

About Albany Beck

Albany Beck provide consultants to global financial institutions like yours. What makes us different is that, if you wish, you can take over the full-time employment of your consultant after 18 months, free of charge.

We provide leading talent to help drive your business forward. Take advantage of our available expertise in Technology, Data, Change, Operations and Agile Delivery and achieve the commercial and operational success you’re looking for.

For Further Information:

To learn more about Albany Beck or to schedule interviews, please contact:

emcpartland@albanybeck.com

Recent

More Like This

Living with Anxiety: My Personal Journey and Coping Strategies

For Mental Health Awareness Month, we have invited our Managing Partner, Phillip Wood, to share his experience dealing with anxiety. Mental health is a topic that affects us all, and we believe in fostering open conversations to reduce the stigma surrounding it. By sharing his story, Phillip aims to provide insights into managing anxiety and inspire others on their own mental health journeys. Below we explore Phillip Wood's personal account, gain valuable perspectives, and work towards a more compassionate world where mental health is prioritized. Let's make a difference together.
Read More
Latest News , Insights

Dublin hub accelerates Albany Beck’s European growth - Finance Dublin

This article appeared in Finance Dublin's August 2023 edition. Albany Beck’s Adam Kelly & Celia Johnson profile the financial services consultancy’s growth in the Irish market having established a presence in 2018 and subsequently choosing Dublin as it European Hub. They outline the firm’s business model, including its RTD model, areas of growth and future plans including the imminent launch of its fund administration academy. London-based financial services consultancy firm, Albany Beck, successfully expanded its business operations into Ireland in 2018 and after some rapid growth identified Dublin as the optimum location for our European Hub. Dublin’s position as a gateway to Europe in a post-Brexit world and the abundance of highly qualified and skilled talent made it the obvious choice. Over the last five years, we have created hundreds of new jobs in the country, across a multiplicity of high-demand skill areas, including KYC, AML, fund administration, risk management, and technology. We have recruited, trained, and deployed (RTD) consultants to a broad and diverse range of prestigious global financial institutions in Dublin and regionally, rapidly bolstering team capacity and accelerating work output to empower the upholding of exceptional operational standards. The company is supported by the Irish Government through the IDA Ireland and recently received recognition for their success in the Ireland market and were awarded “Best Early Stage Business Investment” & “Best organisational Transformation” at the “Invest in Ireland” awards.
Read More
Insights

Albany Beck Appoints Paul O’Brien as Managing Partner in Ireland

Paul O’Brien has been appointed as Managing Partner for Ireland at Albany Beck, a London-based financial services consultancy firm. A highly accomplished financial expert, Paul brings over two decades of industry leadership to the role. Most recently, as CEO of Delta Capita's Irish operations, Paul was responsible for the business's growth, transforming it from a six-person team with a single client in 2018 to a thriving enterprise of almost 100 employees serving more than 25 clients. Paul’s appointment marks a significant milestone in Albany Beck’s rapid expansion in the Irish financial services market. His deep expertise in financial operations, combined with his professional credentials as a Fellow Chartered Certified Accountant (FCCA) and his Master’s in IT for Accountants, positions him to successfully lead Albany Beck’s growth in Ireland. Paul's career includes several senior leadership roles at PwC, Delta Capita Consulting, eBay, Pfizer, JP Morgan and Bank of Scotland, where he gained invaluable experience in driving high-performance teams and strategic business transformations. Albany Beck recruits, trains and deploys consultants for global financial institutions, having first entered the Irish market in 2018. Since then, the company has expanded significantly, creating hundreds of jobs across high-demand sectors such as KYC, AML, fund administration, risk management, and technology. One of its most notable achievements in Ireland has been the launch of its ‘Change Management Solutions’ service, designed to address the evolving needs of its growing client base. Looking ahead, under Pauls’ leadership, Albany Beck aims to continue its momentum by focusing on job creation in emerging areas such as Operations, Data & Technology and Transformation, strengthening its role as a trusted partner for Ireland’s financial institutions. Adam Kelly, Managing Partner with Albany Beck commented on the appointment, “We are delighted to welcome Paul to the Albany Beck team as Managing Partner for Ireland. His extensive leadership experience and proven track record in driving business growth make him the ideal person to lead our Irish operations at this exciting phase of our expansion. His expertise in financial services, coupled with his strategic vision and ability to deliver results, will be invaluable as we continue to expand our footprint in the Irish market. We’re excited about the new opportunities Paul’s leadership will bring, not only for our clients but also for our team, in helping position Ireland as a leader in innovation, sustainability, and change within the global financial markets”. Reflecting on his new position, Paul said,
Read More