Fenergo AML compliance software is a rules-driven, risk-based solution to solving Anti-Money Laundering compliance obligations across multiple jurisdictions including BSA, 4th EU Anti-Money Laundering Directive & APAC-specific regulations.
Tackling AML Compliance Regulations
Anti-Money Laundering compliance involves knowing exactly who you are doing business with, identifying where the source of funds originates and determining the identities of all known counterparties and associations. With severe reputational and financial penalties on the line, financial institutions must undertake a rigorous approach to AML compliance.
Fenergo Anti-Money Laundering is a robust and proven AML compliance software solution that seamlessly integrates with the Fenergo Client Lifecycle Management suite.
Streamline AML Compliance & Accelerate Onboarding
Fenergo’s award-winning Anti-Money Laundering and Client Lifecycle Management platform ensures compliance with all global and local AML regulations, from initial onboarding to ongoing client due diligence throughout the client lifecycle.
|Robust AML Compliance Software||From initial onboarding and compliance through to every lifecycle event, Fenergo Anti-Money Laundering ensures compliance with all global and local AML regulations.|
|Clear 360° view||Our powerful software delivers a single 360-degree view of counterparties and all related associations, including ultimate beneficial owners (UBOs).|
|Global AML Regulatory Coverage||The solution offers a rules-driven process in compliance with leading local and global AML typologies and regulations, including the Fourth European AML Directive, FinCEN, FATF, BSA, Patriot Act, OSFI, AUSTRAC, ASIC, HKMA, MAS etc|
|Risk-Based Approach||Identifies, assesses and ensures complete and accurate understanding of all risks presented to the bank, enabling financial institutions to focus resources on managing higher risk clients.|
|Fully Auditable||Evidenced compliance process that provides accurate justification for Simplified or Enhanced Customer Due Diligence|
|Regulatory Compliance Professionals||Gain a future-proofed approach to AML compliance and leverage a client community of 20,000+ regulatory compliance professionals.
Regulatory Client Outreach & The Path To Compliance
In this paper, we explore the core operational and internal challenges that currently make the process of Regulatory Client Outreach a logistical nightmare for financial institutions.Download Whitepaper
Robotics Process Automation (RPA)
Fenergo Robotic Process Automation (RPA) solutions suite enable financial institutions to further automate routine Anti-Money Laundering (AML) and Know Your Customer (KYC) processes, dramatically improving operational efficiencies and resource utilization.Download Brochure
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.
Nicola Ray Smith Managing Director, Global Capital Markets Scotiabank
Our main ambition is to streamline the end-to-end client lifecycle management process – from onboarding to regulatory compliance to lifecycle reviews – for all of our jurisdictions and to standardize processes and procedures across different divisions. Fenergo will help us to achieve operational efficiencies and improve our customer experience, whilst maintaining the highest level of regulatory compliance across the globe
Emma Rey Gállego Head of Customer Experience-Onboarding in CIB BBVA
The global regulatory challenge is one that continues to evolve and grow. It’s more of a journey than a destination. Therefore, it is important to find the right solutions partner to travel along that journey with you and provide the guidance needed to navigate the path ahead. We found such a partner in Fenergo
Faham Rashid Director, Operations & Technology for Global Banking & Markets division of Scotiabank
We selected Fenergo’s Client Lifecycle Management software to enable us to manage the CDD / KYC processes from client onboarding to client off-boarding and all the KYC / CDD compliance and lifecycle events (periodic and event-driven reviews) that occur in between. A core part of our business transformation program will involve creating an internal centralized KYC target operating model that will help us to simultaneously improve the client experience and reduce the cost impact of the regulatory KYC activities. Fenergo is the technology platform that will underpin this initiative.
Helène Erftemeijer, bank-wide responsibility for CDD, client master administration and regulations with ABN AMRO,
In The News
BNP Paribas Selects Fenergo for Compliance and Optimum Customer Experience
Source: Data Management Review
Fenergo Ranks No 1 in Regtech Report