About

Fenergo is the digital enabler of client and regulatory technology for financial services. It provides Client Lifecycle Management (CLM) software solutions for Financial Institutions including; Corporate & Institutional Banking, Commercial & Retail Banking, Asset Management, Private Banking & Wealth Management. Counting 70 global Financial Institutions as clients, its award-winning CLM suite digitally transforms how Financial Institutions manage clients; from initial onboarding to KYC/AML and regulatory compliance, to data management and ongoing lifecycle KYC reviews and refreshes. Fenergo CLM empowers financial institutions to deliver a faster, compliant and digital customer experience while achieving a single client view across channels, products, business lines and jurisdictions.Fenergos community-based approach to product development allows clients to collaborate on solution design on a global scale. Its rules-driven solution ensures compliance with multiple global and local regulatory frameworks including AML, KYC, Tax (CRS, FATCA, 871M), OTC Derivatives (EMIR, Dodd-Frank, MiFID II, Margin Requirements) and data privacy rules (GDPR). It supports the collection, centralization and sharing of client and counterparty data and documentation across the institution and deploys an API-first approach to advanced integration with a host of external KYC, AML and entity data providers, KYC and industry utilities. The solution is underpinned by next generation Artificial Intelligence, Robotics Process Automation and Machine Learning technologies, using advanced OCR and NLP capabilities to extract information, expedite compliance and improve operational efficiencies.

Focus

PRODUCTS & SERVICES

The company offers Client and Counterparty Data Management solution, a centralized master data system that helps financial institutions to acquire, validate, store, and distribute legal entity data across product/business lines & jurisdictions to achieve a single view of various clients and associated entities to support compliance across multiple regulatory frameworks. It provides anti-money laundering (AMI) and know your customer (KYC) compliance; client onboarding and lifecycle management, a workflow management module that enables financial institutions to provide an onboarding process for new and existing clients; and digital transformation & automation solutions. It also provides regulatory compliance management solutions to support KYC and AML compliance teams to comply with regulations, such as FATCA and OTC derivative regulations that include Dodd-Frank, EMIR, MiFID II, Canadian, and APAC derivative rules. Furthermore, the company offers business & technical consulting, client support, client training, and implementation & delivery services. It caters to investment banks, capital markets firms, private banks, exchanges, central banks, and regulatory bodies.