Blog

Best Practices For Client & Counterparty Data Management

The role of client and counterparty risk management has assumed greater strategic importance over the last few years in light of heightened regulatory scrutiny and the introduction of new rules around AML/KYC, ultimate beneficial ownership, global data pri

Financial Crime & AML
28 Jul 2023

What Does the Cloud Infrastructure Look Like in a Financial Institution?

There is no one single cloud infrastructure model for financial institutions (FIs) – every organization is different. The key thing is that FIs have a cloud infrastructure that works for them and gives them scope to scale as required. In this post, Niall T

AI & Innovation
28 Jul 2023

Recommendations for Adopting Cloud Technology

In our previous blog posts, we’ve looked at the challenges financial institutions (FIs) face and the benefits to FIs of moving to the cloud . In this post, Colin Sweeney, Fenergo’s VP Client Operations, explores the ways FIs can adopt cloud technology from

Other
28 Jul 2023

6 Reasons to Connect to e-KYC Utilities

Over the last three blogs in this series, we’ve analyzed the need for e-KYC utilities to solve thecurrent KYC challenge. We’ve examined the need to learn from previous KYC utility attempts and explored the role of distributed ledger andblockchain technolog

KYC & Due Diligence
28 Jul 2023

The Role of Blockchain and DLT in e-KYC Utilities

In my last blog, I explored three key learnings from previous KYC utility attempts – namely how decentralization works better for the new breed of e-KYC utilities, how inconsistent KYC standards and poor data quality frustrate data sharing and how manual K

KYC & Due Diligence
28 Jul 2023

Private Banking and Wealth Management Trends for 2020 and Beyond

One recurring theme is that technology is going to play a defining role in determining the winners and losers. A major reason for this drive towards technology is the unprecedented transfer of wealth and assets from baby boomers to digital native generatio

Wealth & Asset Management
28 Jul 2023

HNW Client Onboarding: Tackling the Rise in Client Dropouts

HNW client onboarding times are taking longer than ever, according to a new Fenergo report. As a result, more than half of wealth managers (52%) are concerned about dropout rates. Here,Steve D’Souza, Global Head of Wealth Management and Private Banking at

Wealth & Asset Management
28 Jul 2023

IWD2021 | A Conversation with the CCO of a Global FinTech Company

At Fenergo, we are deeply committed to creating an inclusive and diverse working environment where all voices are heard. In the rapidly evolving digital workplace, Fenergo recognizes the need to be at the forefront of creating an inclusive workplace for gr

Client News
28 Jul 2023

Compliance Breaches in 2022: Reading Between Enforcement Fines

Fenergo recently assembled a panel of experts from across the anti-financial crime community to analyze the regulatory landscape and enforcement actions data from 2022.

Financial Crime & AML
28 Jul 2023

AML Policy Checklist - 10 Actionable Steps for Compliance Officers

New regulations are being made seemingly every year and with ever-growing compliance demands. It’s more important today than ever before to have strong and effective AML policy procedures in place. Not just to combat financial crime but to avoid fines for

Financial Crime & AML
28 Jul 2023

A quick guide to transaction monitoring in banks

While banks are vital for every economy, they are also the prime target for financial criminals. And this makes transaction monitoring in banks incredibly important.

Financial Crime & AML
28 Jul 2023

The Pandemic Drives Home the Value of Cloud-Based tools for the Asset Management community

With many Asset Management (AM) staff working from home due to COVID-19 lockdowns worldwide, AM firms have found cloud-based tools to be essential to business continuity.

Wealth & Asset Management
28 Jul 2023

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