NEW YORK and ST. KITTS AND
NEVIS, Jan.
21, 2020 /PRNewswire/ -- Nevis International
Bank & Trust Ltd. ("NIB&T", www.ibanknevis.com), a leading
banking institution with worldwide representatives, is pleased to
announce that it has enhanced its already robust regulatory
compliance through a global partnership program. NIB&T is
headquartered in Nevis,
St. Kitts and Nevis, a British
Commonwealth nation and the birthplace of America's founding father
Alexander Hamilton.
To expand NIB&T's regulatory compliance and build on best
practices, NIB&T has entered into a partnership with Kroll, a
division of Duff & Phelps, a global leader in risk mitigation,
investigations and regulatory compliance. Through the
collaboration, Kroll's proprietary due-diligence systems will be
integrated into NIB&T's banking platform in a highly secure
technology environment, delivering a world-class customer service
experience while enabling NIB&T to fulfill its commitment to
customers.
The collaboration will allow NIB&T to leverage Kroll's
expertise and augment NIB&T's footprint servicing a
fast-growing private banking and corporate banking global
clientele.
The Rt. Hon. Sir Tony Baldry,
Chairman of Nevis International Bank & Trust commented:
"NIB&T is totally committed to rigorous regulatory practices.
NIB&T's compliance programs, which are advised and implemented
by Kroll represent best practices standards. As NIB&T continues
to satisfy customer services experience as the 'Customer First
Global Bank,' NIB&T takes great comfort in this close
collaboration with Kroll, the world's leading regulatory compliance
expert."
John Arvanitis, Managing
Director, Compliance Risk and Diligence at Kroll commented: "Kroll
is pleased to advise NIB&T by leveraging the vast experience
and financial and compliance technologies of our mutual
institutions. We will continue to demonstrate the enormous
potential for globally compliant AML/KYC/CFT best practices for
prominent financial institutions such as NIB&T."
Prabhkar Kaza, CEO of NIB&T
commented: "Kroll's compliance systems allow NIB&T's operating
team to automatically screen all onboarding clients, all incoming
and outgoing bank wires against Kroll's in-depth global database,
achieving real time AML/KYC/CFT monitoring that can instantly
detect and mitigate compliance risks. NIB&T relies on Kroll's
expertise and capable advice which is trusted by governments and
the largest global banks and corporations."
About Nevis International Bank &Trust Ltd.
Nevis International Bank & Trust Ltd. (NIB&T,
www.ibanknevis.com), the "Customer First Global Bank" is a fully
regulated leading banking institution with worldwide
representatives. NIB&T is headquartered in Nevis, St. Kitts and
Nevis, a prosperous British Commonwealth nation and the
birthplace of America's founding father Alexander Hamilton. Led by NIB&T's founding
Chairman the Rt. Hon. Sir Tony
Baldry and a global team of seasoned executives, NIB&T
has a proud British heritage servicing a rapidly expanding
worldwide private banking and corporate banking clientele through
several business lines: Commercial Banking, Asset Management and
Investment Banking.
About Kroll, a Division of Duff & Phelps
Kroll is
the leading global provider of risk solutions. For more than 45
years, Kroll has helped clients make confident risk management
decisions about people, assets, operations and security through a
wide range of investigations, cyber security, due diligence and
compliance, physical and operational security, and data and
information management services. For more information, visit
www.kroll.com. Duff & Phelps is the global advisor that
protects, restores and maximizes value for clients in the areas of
valuation, corporate finance, investigations, disputes, cyber
security, compliance and regulatory matters, and other
governance-related issues. We work with clients across diverse
sectors, mitigating risk to assets, operations and people. With
Kroll, a division of Duff & Phelps since 2018, our firm has
nearly 3,500 professionals in 28 countries around the world. For
more information, visit www.duffandphelps.com.
Contact:
Nevis International Bank & Trust Ltd.
London: Vinay Ganga, President and Executive Vice
Chairman
Nevis: Roosevelt Herbert, Board Member
Tel: +1 (869) 469-8889
Email: info@ibanknevis.com
www.ibanknevis.com
Kroll, a Division of Duff & Phelps
John Arvanitis, Managing Director, Compliance
Risk and Diligence
Tel: +1 (508) 808-9410
Email: john.arvanitis@kroll.com
www.kroll.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/nevis-international-bank--trust-and-kroll-launch-global-collaboration-on-best-practices-regulatory-compliance-300990431.html
SOURCE Nevis International Bank & Trust Ltd.