Every financial institution in the world is facing what we call a “perfect storm” i.e. spiralling levels of regulation which is putting additional pressure on banks to collect more data and documentation from clients, increasing the cost of compliance and seriously impacting operational efficiencies and client experience.
Fenergo’s software solutions enable financial institutions to solve the challenges of the “perfect storm” by streamlining the end-to-end Client Lifecycle Management processes (from regulatory onboarding, data integration, client and counterparty data management, client lifecycle reviews and remediation all the way to client offboarding etc.). Our solutions are proven to improve compliance, operational efficiencies, time to revenue and client experience.
Some of our clients include HSBC, BBVA, BNY Mellon, Westpac, Scotiabank and RBC Wealth … to name but a few.
Fenergo is fast becoming the industry standard for Client Lifecycle Management solutions. In 2015, Fenergo secured $85m in funding from Insight Venture Partners and Aquiline Capital Partners to accelerate its global footprint to help financial institutions in every corner of the world to address the regulatory, entity data and onboarding challenges.
Headquartered in Dublin, Ireland, Fenergo has offices in North America (Boston, New York and Toronto), UK (London), Poland (Wroclaw), Asia Pacific (Sydney, Singapore, Hong Kong and Tokyo) and UAE (Abu Dhabi).
of the top 50 banks in the world using the Fenergo platform
Reduction in onboarding times
Saving in audit cost with out of the box functionality
ROI on Technology
CLIENTS WHO TRUSTOUR SOFTWARE SOLUTIONS
Fenergo’s Regulatory Onboarding solution provides us with an additional level of flexibility and enhances our ability to prioritize our compliance initiatives.
Erica Benjamin 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
Bernard Gavgani Global Head of CIB IT and Operations BNP Paribas
We chose Fenergo to support regulatory onboarding across our Global Banking and Markets division. We wanted a solution that would support an efficient onboarding experience for all of our customers.
Nicola Ray Smith Managing Director, Global Capital Markets Scotiabank
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
IN THE NEWS
Fenergo Ranks as Highest Dedicated CLM Vendor
Fenergo Selected by 4 of the Largest Australian Banks