Fenergo Client Lifecycle Management solutions are now available via Cloud Managed Service offerings, provides all the advantages of cost savings, scalability, high availability, security and disaster recovery of cloud.
This cloud-service model closely resembles that of an on-premise environment, making it easy to migrate to or from a cloud environment or even between cloud service providers.
Fenergo Cloud Managed Service for Client Lifecycle Management enables financial institutions to reduce costs by accelerating implementation times, freeing up resources to empower your organization to provide more value-added services to your customers. This frees financial institutions to focus more time on core business, rather than on technical implementations.
Benefits of Fenergo Cloud Managed Services:
Global Regulatory Compliance
70+ jurisdictions covered, including data privacy laws.
Best in Class Client Lifecycle Management – Now Available in the Cloud
Fenergo’s suite of Client Lifecycle Management solutions are built in a best practice approach in close partnership with our active client community across the Americas, APAC and EMEA.
Secure, Fast, Flexible Deployment
Fenergo Cloud Managed Services is deployed on a private virtual cloud. Leveraging AWS Security Best Practices, 3rd Party security tools and Cloud Native Security, the solution is aligned to customer security and compliance standards.
Industry Best Practice Cloud Infrastructure
Fenergo Cloud Managed Services includes all the industry best practice cloud infrastructure including: Data Management, Contingency Management, Policies & Internal Governance, Identity & Access Management, Incident Management, Compliance & Monitoring Measures.
No longer do financial institutions want the responsibility of ensuring uptime. Fenergo Cloud Managed Services helps to reduce IT infrastructure total cost of ownership.
Availability & Scalability
Our Managed Cloud Services are customizable and scalable enough to fulfill the expanding requirements of your business, ensuring you can scale up or down as necessary.
Faster Time to Market
Fenergo Cloud Managed Services provides elasticity and scalability, so financial institutions can ramp up their initiatives quickly.
Support for Disaster Recovery
In the event of a catastrophe, your data will be secure. Fenergo Cloud Managed Services provides a consolidated disaster recovery infrastructure, reducing costs and increasing manageability.
Banking on the Cloud for Client Lifecycle Management
Explore the world of cloud-centric banking and the benefits it can deliver to commercial, business, investment, corporate, private and retail banking and the key considerations when migrating from on-premise to cloud.
Cloud Adoption: A Quiet Revolution in Financial Services
The global financial services industry is on the brink of a massive technological disruption. The emergence of fintech and regtech vendors has created a tech race for banks, helping to fast-track the innovation path for many of them.
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
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.
Managing Director, Head of Capital Markets Operations SunTrust
Fenergo’s Regulatory Onboarding solution provides us with an additional level of flexibility and enhances our ability to prioritize our compliance initiatives.
Managing Director for Client Onboarding BMO Capital Markets
We chose Fenergo for both their deep, out-of-the-box CLM functionality and their v8 technology that is a good fit with our own modernized technology landscape. I look forward to working with the Fenergo team and their wider client community to input into the continually evolving product and regulatory roadmaps
Global Head of CIB IT and Operations BNP Paribas
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.
bank-wide responsibility for CDD, client master administration and regulations with ABN AMRO