BANKING & PAYMENTS · LICENSED BANKING
Private Bank
Framework
A deposit-taking licence is the hardest permission in private banking to obtain and the easiest to lose, because it puts client money on your balance sheet under continuous supervision. We build the bank to carry it — capital and liquidity planning, core banking and custody, credit and investment services, onboarding and source-of-wealth standards, and the reporting a supervisor expects without asking.
THE SPECIFICATION
Architecture & Audience
A private bank holds client deposits, which places it under prudential supervision permanently. Capital adequacy, liquidity coverage, recovery planning and controlled-function approval are not launch requirements to be satisfied and forgotten; they are the ongoing condition of continuing to operate. Nothing else in this domain carries the same weight.
Groups with the capital and the client base to justify a full banking licence; existing institutions adding a private banking arm; and family or sovereign capital establishing a proprietary banking capability.
What We Deliver
A complete architecture, designed, launched, and managed
We define the licence class, permitted activities, and jurisdiction before any application is filed. Jurisdiction selection considers capital requirements, supervisory intensity, correspondent access, and the client base the bank will serve.
We build the capital plan that satisfies the minimum requirements on day one and holds under the stress scenarios the regulator will apply. Liquidity policy is designed alongside capital, not after it.
We select and implement the core banking platform that carries deposits, loans, and custody positions at the scale the licence requires. System selection is driven by regulatory reporting capability and total cost of ownership, not by vendor marketing.
We build the custody and investment services architecture that supports the bank’s wealth mandate: sub-custodian relationships, securities settlement, portfolio reporting, and the safekeeping documentation clients will sign.
We design the credit policy, underwriting standards, and loan book architecture for the private bank’s lending activities. Policy governs concentration, collateral, covenant monitoring, and provisioning from the day the first facility is drawn.
We establish the correspondent banking relationships that give the private bank access to international payment rails. Relationships are negotiated on terms appropriate to the bank’s risk profile, not accepted at the correspondent’s standard rate.
We implement the financial crime framework the supervisor will examine: transaction monitoring rules, source-of-wealth documentation, PEP and sanctions screening, and the SAR filing infrastructure that demonstrates the controls work.
We manage the controlled-function application process for the senior management team and key function holders. Submissions are prepared to the standard the regulator expects, not drafted around gaps in the candidate’s profile.
We build the reporting infrastructure that delivers capital, liquidity, and supervisory returns accurately and on schedule. The reporting function is operational from day one of authorisation, not assembled after the first deadline passes.
What We Deliver
A complete architecture, designed, launched, and managed
We define the licence class, permitted activities, and jurisdiction before any application is filed. Jurisdiction selection considers capital requirements, supervisory intensity, correspondent access, and the client base the bank will serve.
We build the capital plan that satisfies the minimum requirements on day one and holds under the stress scenarios the regulator will apply. Liquidity policy is designed alongside capital, not after it.
We select and implement the core banking platform that carries deposits, loans, and custody positions at the scale the licence requires. System selection is driven by regulatory reporting capability and total cost of ownership, not by vendor marketing.
We build the custody and investment services architecture that supports the bank’s wealth mandate: sub-custodian relationships, securities settlement, portfolio reporting, and the safekeeping documentation clients will sign.
We design the credit policy, underwriting standards, and loan book architecture for the private bank’s lending activities. Policy governs concentration, collateral, covenant monitoring, and provisioning from the day the first facility is drawn.
We establish the correspondent banking relationships that give the private bank access to international payment rails. Relationships are negotiated on terms appropriate to the bank’s risk profile, not accepted at the correspondent’s standard rate.
We implement the financial crime framework the supervisor will examine: transaction monitoring rules, source-of-wealth documentation, PEP and sanctions screening, and the SAR filing infrastructure that demonstrates the controls work.
We manage the controlled-function application process for the senior management team and key function holders. Submissions are prepared to the standard the regulator expects, not drafted around gaps in the candidate’s profile.
We build the reporting infrastructure that delivers capital, liquidity, and supervisory returns accurately and on schedule. The reporting function is operational from day one of authorisation, not assembled after the first deadline passes.
Infrastructure Selection
X-CHASE holds no commercial interest in any provider, assessing them strictly on live performance, structural fit, and renewal terms. Providers are named exclusively under formal engagement, never on a public website.