Fenergo combines an intelligent Regulatory Rules Engine with sophisticated Compliance, Workflow, Document Management and Case Management capabilities to deliver a fully optimized Regulatory Client Onboarding process for financial institutions.REQUEST A DEMO
Fenergo Regulatory Onboarding provides a single integrated platform that enables financial institutions to onboard new clients or new products efficiently in compliance with a broad range of regulatory obligations.
Its sophisticated Regulatory Rules Engine brings together - in one repository – all the embedded content required to support best practice compliance with global AML and KYC regulations and a growing number of tax (FATCA, CRS, UK CDOT), global entity classification and OTC derivatives-based regulations (such as Dodd-Frank, EMIR and Canadian and APAC derivative rules), as well as market reform rules (MiFID II), during the client onboarding and ongoing client maintenance processes.
Fenergo’s rules-driven workflow engine provides an end-to-end workflow management tool that manages all sub-processes that need to be executed to bring a client from initial take-on through to all the various stages of approvals and requests for information that they need to go through to be onboarded (across Front Office, Compliance, Credit, Legal, Tech & Ops). This greatly speeds up the time it takes to onboard a new client (or new product for an existing client), enhancing overall client experience and improving time to revenue.
Fenergo Regulatory Onboarding helps institutions to take a ‘horizontal’ approach to achieve the highest level of compliance across all regulations, while introducing key operational efficiencies, eliminating the need for costly add-on modules or heavy IT requirements and, ultimately, reducing the total cost of compliance.
CLIENTS WHO TRUSTOUR SOFTWARE SOLUTIONS
We chose Fenergo’s solutions because they will enable us to meet the increasing complex regulatory frameworks with an efficient and client-centric onboarding experience.
John Healy Managing Director, Head of Capital Markets Operations SunTrust Robinson Humphrey
Fenergo’s Regulatory Onboarding solution provides us with an additional level of flexibility and enhances our ability to prioritize our compliance initiatives.
Erica Benjamin Managing Director for Client Onboarding BMO Capital Markets
We chose Fenergo to support regulatory onboarding across our Global Banking and Markets division. We wanted a solution that would support an efficient onboarding experience for all of our customers.