KRyS Global was engaged by the Cayman Islands Monetary Authority (“CIMA”) to serve as independent examiner and assist in the investigation and analysis of a licensed bank and broker dealer. CIMA required KRyS Global to conduct its analysis under a demanding and limited timetable. The investigation consisted of a review of trading activity and related wire transfer activity of specified entities. Specifically, KRyS Global was to look for evidence of activity that was indicative of fraud and the manipulation of markets.
With a team of experienced accountants, with a good understanding of the regulatory issues, and forensic technology support provided by its forensic technology team, KRyS Global was able to respond rapidly and perform the required analysis in the timeframe set by CIMA.
The actual analysis included a review of the bank’s trading and transfer activity for specified entities, which resulted in an analysis of over 60,000 transactions. KRyS Global’s forensic technology enabled rapid data capture and analysis to support its findings.
KRyS Global’s financial expertise, investigative experience, and forensic technology skills enabled it to conduct a thorough investigation and deliver a quality report under a tight deadline.
In addition to satisfying CIMA, the client who had requested the investigation, the CEO of the organisation under investigation contacted the KRyS Global team leader following the investigation to express his thanks for the team’s professionalism, throughout the course of the investigation.