Compliance
In our Magpie Projects Compliance domain, we help financial institutions transition from reactive remediation to proactive compliance management, from isolated monitoring tools to enterprise-wide compliance architectures, and ultimately to front-to-end reimagined risk and control frameworks.
We do not implement compliance for audit's sake. We design it to create resilient, scalable and measurable safeguards that protect the institution and enable business growth.
What we do
Regulatory Compliance
- MaRisk
- MaComp
- Group-wide compliance programmes
- Compliance management systems (CMS).
Anti-Financial Crime
- AML/CFT frameworks
- Transaction monitoring
- Name-list screening
- Sanctions & PEP management.
Capital Markets Compliance
- Trade surveillance / MAR implementation
- MiFID/MiFIR
- EMIR reporting obligations.
IT & DORA Compliance
- Digital operational resilience
- DORA gap analysis
- ICT risk management
- Information registers.
Data & Systems
- Data quality optimization
- Interface harmonization
- Audit-proof data governance for compliance.
Governance & Automation
- IKS/CMS governance
- AI-supported process automation
- End-to-end control frameworks.
Topics we cover
Where we go deep
CMS reference model
A mature CMS is the backbone of sustainable compliance. We design and implement CMS frameworks that integrate policy management, control monitoring, training and reporting into a coherent operating model — enabling compliance functions to demonstrate effectiveness, not just activity.
Trade surveillance
We go beyond alert generation. Our approach embeds surveillance within a holistic market integrity framework — covering rule logic, data quality, workflow governance and regulatory defensibility. We help institutions move from reactive alert triage to proactive risk detection across all relevant asset classes and trading venues.
AML / AMLR impact assessment
Financial crime risk is growing in scale and sophistication. We help institutions build AML capabilities that are not only regulatory-compliant but operationally scalable — reducing false positives, improving detection logic and embedding risk-based thinking across the customer lifecycle.
DORA implementation
End-to-end ICT risk management, information register build-out, critical/important function classification and third-party risk management under DORA Article 4 proportionality.
Selected projects
Transaction Monitoring Overhaul
Global Universal Bank
Gap analysis, vendor selection and full implementation of a strategic TM target architecture for correspondent banking. Included compensating controls, 1st Line support and tuning/parametrization. Duration: 2022–2023.
- Target-Architecture
- Transaction-Monitoring
Trade Surveillance Tool Implementation
Global Universal Bank
Market screening, vendor PoC, full implementation across FX, rates, credit, commodity and equity. Advanced parametrisation using k-means clustering and data analytics to reduce false positives significantly. Duration: 2017–2023.
- Data-Analytics
- Trade-Surveillance
ML in Namelist Screening
German Investment Bank
Built a hybrid logic combining rules, ML classifiers and language models to classify and prioritize AFC alerts. Reduced manual review burden significantly. Duration: Jan 2024–Jun 2025.
- AFC-Alerts
- Machine-Learning
THOUGHT PAPERS
What we publish
Machine Learning in Trade Surveillance
A guide on how to reduce false-positives by optimizing trade surveillance parameters using DataAnalytics and Machine learning techniques.
Get In Touch
We build audit-ready operations for regulated capital markets.
Our team is ready to connect with you and answer all your questions.