Blogs
Risk Management in Banking: How to Move from Fragmented Digital Controls to Connected Risk Management
Mastering risk management in banking means shifting from a reactive, compliance-focused approach to a proactive, strategic discipline. As banks operate across increasingly fragmented digital, hybrid and relationship-managed channels, effective risk managem
How to Perform KYC Checks for a Compliant Client Lifecycle
Know Your Customer (KYC) checks are the processes financial institutions use to verify a customer’s identity, assess their financial crime risk, and monitor changes throughout the client lifecycle. To perform KYC checks effectively, firms should verify ide
How to Master Ongoing Due Diligence (ODD)
To master Ongoing Due Diligence (ODD), financial institutions must adopt a proactive, risk-based approach to continuously monitor customer activity and update risk profiles. This involves regular transaction monitoring, customer data refreshes, sanctions s
Target Operating Models for CLM: Practical Insights from Fenergo and PwC
As banks and financial institutions (FIs) face mounting regulatory and operational pressures, the strategic implementation ofClient Lifecycle Management(CLM) solutions has become essential. In a session hosted by Fenergo and PwC, industry leaders came toge
The Future of Sanctions and Regulation in Energy and Commodities
The energy and commodities sectors are increasingly exposed to growing risks related to sanctions and due diligence requirements. This trend is driven by a combination of geopolitical tensions, regulatory changes, and the global push for transparency and a
5 things in 2022 that changed how we do KYC in banking
The war in Ukraine, which began in February of 2022, brought economic sanctions into the spotlight and tested reflexes as governments globally scrambled to respond. Sanctions against Russia and its associates came in almost overnight and, from the EU alone
