With a regulatory tsunami of local and global regulations, it is more important than ever for financial institutions to adopt a solution to streamline regulatory compliance and alleviate the pressure of the traditional manual efforts.
Fenergo Digital KYC enables financial institutions to be compliant by design with a digital, streamlined, managed by exception solution for perpetual KYC compliance.
Features and Capabilities of Digital KYC:
- KYC Managed by Exception: Reduces the need for manual intervention and outsourcing compliance to third-party offshore firms
- Automated Regulatory Rules: Regulations and cross-jurisdictional requirements dynamically managed
- API Integrations: Enable digital data and document management with out of the box eSignature, ID&V and OCR integrations
- Automated KYC Refresh: Event-driven approach enables real-time Perpetual KYC Refresh for high-tech, low-touch compliance
