Partnering across the Client Lifecycle for Digital Transformation Success
Client Lifecycle Management does not happen in a vacuum. It involves close partnerships across a number of different organizations, systems and consultancy houses to meet the intricate needs of clients and ensure successful delivery of products and services to financial institutions all over the world.
At Fenergo, we have invested in and built a strong and trusted network of partners in each region across the globe. All our partners undergo rigorous training and certification in Fenergo University to optimize their expertise in using and deploying Fenergo Client Lifecycle Management solutions.
In total, there are over 300 firms who are official partners and/or have integrations and connectivity to Fenergo.
Fenergo’s partnership with Salesforce empowers financial institutions to streamline their client onboarding and lifecycle management processes. Fenergo KYC & Onboarding for Salesforce on the AppExchange transforms front and middle office operations. End-users can configure Salesforce with Fenergo’s industry standard set of mandatory and optional fields for regulatory compliance processes, including KYC, CDD and AML. Learn more here.
Our original equipment manufacturing (OEM) agreement with IBM enables us to combine our CLM offering with IBM’s RegTech portfolio of AML and KYC solutions, all built with Watson. As a result, IBM offers financial institutions a complete AI application suite that is focused on risk and compliance and helps clients fend off financial criminals and meet their intensifying regulatory requirements for disclosure. Customers availing of Fenergo’s platform via IBM will have access to its additional support services including but not limited to global IT support, predictive analytics, system developers, augmented reality, multi-vendor processing and a single point of contact interface.
In 2019, Fenergo and PwC teamed up to “do KYC differently”. Together, we streamline KYC compliance processes for financial institutions, offering client onboarding and KYC review and refresh programs as managed services, complementing PwC’s existing AML and KYC remediation offerings.
Luxoft, a DXC Technology Company, is a digital strategy and software engineering firm providing bespoke technology solutions that drive business change for customers the world over. Luxoft uses technology to enable business transformation, enhance customer experiences, and boost operational efficiency through its strategy, consulting, and engineering services. Luxoft combines a unique blend of engineering excellence and deep industry expertise, specializing in automotive, financial services, travel and hospitality, healthcare, life sciences, media and telecommunications.
Accenture is a leading global professional services company, providing a broad range of services and solutions. Accenture has worked on a number of Fenergo projects to help clients transform their front, middle and back-office operations and risk management functions, in addition to integration services – supporting clients on end-to-end journeys surrounding a Fenergo engagement. Accenture is a strategic alliance partner of Fenergo, with a large number of certified Fenergo specialists in the market today.
Fenergo works closely with JJCFinTech to provide our clients with the ability to deliver a wide range of Advisory Solutions, helping to define and deliver group wide vision, strategy and operating models for bank wide Client Lifecycle Management (CLM), Remediation, Refresh, Policy Harmonisation, Screening and Risk Management. We also leverage JJCFinTech’s rich expertise, derived from over a decade building FinTech solutions at IHS Markit to offer their market leading Cerebro Policy Digitisation application as part of the Fenergo CLM suite, driving further innovation to our client offerings.
With more than 190,000 people, Capgemini is present in over 40 countries and celebrates its 50th Anniversary year in 2017. A global leader in consulting, technology and outsourcing services, the Group reported 2016 global revenues of €12.5 billion. Together with its clients, Capgemini creates and delivers business, technology, and digital solutions that fit their needs, enabling them to achieve innovation and competitiveness. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model. We offer an array of integrated services that combine top-of-the-range technology with deep sector expertise and a strong command of our four key businesses. As a strategic Fenergo alliance partner, we jointly work with Fenergo to deliver end-to-end transformational solutions enabled by Fenergo-specific accelerators and a strong onshore/offshore resource-base at a competitive price. We operate Fenergo Centers of Excellence worldwide staffed by Fenergo certified and experienced professionals
Fenergo is a Select Tier Technology Partner in the Amazon Web Services (AWS) Partner Network (APN). Fenergo’s fully managed CLM cloud platform, via Amazon Virtual Private Cloud (Amazon VPC) powered by AWS, provides a hands-off solution for Financial Institutions’ IT departments, allowing them to focus on more value-add tasks while reducing costs. The Managed Services model closely resembles that of an on-premises environment, making it easy to migrate to or from a cloud environment or between cloud service providers. This allows customers to quickly get their business solutions up and running while still maintaining the flexibility of customer-specific configuration, interfaces, and processes.
AML and screening providers create and maintain a structured profile of risk data that clients can use to assess risk against their counterparties. This risk data relates to the following:
Established in 2002 by a consortium of 20 of the world’s largest financial institutions, with a mission to prevent criminal infiltration of the world’s financial systems by providing intelligent, automated customer screening solutions. Fenergo integrates with RDC’s extensive database with smart categorization, enabling a more precise level of risk, highlighting Sanctions Lists appearances, Adverse Media/ Negative News, Legal or Regulatory actions and politically exposed persons (PEPs) and their associates.
Fenergo integrates with Refinitiv’s VEDaaS (formerly Avox): Providing access to core data fields and standard industry identifiers for a global set of legal entities, identifying relationships between legal entities so that clients can pinpoint their global risk exposure for each of their counterparts (i.e. trade counterparties, issuers of assets, clients, custodians or agents).
IHS Markit is a dynamic team that includes more than 5,000 analysts, data scientists, financial experts, and industry specialists, and whose global information expertise spans numerous industries, including leading positions in finance, energy, and transportation. Fenergo integrates with Markit ISDA Amend: to enable dealers and their clients to quickly and efficiently comply with disclosure rules by sharing and updating counterparty agreements with access to broker/dealer, institutional investor, and other trade counterparties. This facilitates the fast and efficient exchange of thousands of bilateral agreements, reducing the time taken to amend ISDA Master Agreements and establish new trading relationships, and enables users to benefit from a global network of banks, brokers, and buysides.
Dun & Bradstreet provides commercial data, analytics, and insights for businesses, offering a wide range of products and services for risk and finance, operations and supply, and sales and marketing professionals, as well as research and insights on global business issues, serving customers in government and industries such as communications, technology, strategic financial services, and other markets. Fenergo integrates with D&B’s DCP_Prem: Providing a detailed company profile for potential prospects such as business name, address etc and includes business intelligence such as executive names and titles, financials, number of employees, import or export code etc.
