In 2017, BNP Paribas selected Fenergo to support the bank’s global digital transformation project. Fenergo delivers a single client view across all jurisdictions and entities, enabling the bank to efficiently comply with all domestic and global regulatory rules and deliver an optimum customer experience. BNP Paribas chose Fenergo for its deep, out-of-the-box CLM functionality and regulatory expertise which was the ideal fit to the group’s modernized technology landscape. Read the press release here.
In 2019 Fenergo and Accenture co-developed a new KYC utility, One KYC, for BNP Paribas to help the global bank streamline and improve its client onboarding and recertification processes. One KYC acts as a centralized data repository that enables BNP Paribas to view legal entity data and documents across the entire BNP Paribas banking group globally. By providing a single client view, the utility enables quicker and more efficient onboarding of customers from different banks across the group, eliminating duplication and inefficiency and increasing transparency between banks operating within BNP Paribas’ global network.