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KYC & Transaction Compliance

KYC & Transaction Compliance

Closing the loop on financial crime by digitalizing and integrating Know Your Customer and Transaction Monitoring into a single, SaaS solution.

  • Real-time Transaction Monitoring
  • Intelligent KYC Policy Management
  • Seamless Integration
  • Continuous Monitoring

Digitally Transform KYC and AML Compliance with Fenergo

With Fenergo KYC and Transaction Compliance, fintechs can accurately identify and verify who they are doing business with, gain an understanding of their business and risk profile, and monitor their transaction activity to ensure they are operating accordingly and not involved in money laundering or terrorist financing.


Increase Operational Efficiencies

A single solution for KYC and Transaction Compliance makes for a streamlined lifecycle management experience by automating burdensome tasks, alleviating bottlenecks, supporting seamless handovers between teams and providing a single client view that is always up-to-date.


Reduce Risk and Manage Compliance

Future-proof compliance with a risk-based approach to KYC and transaction monitoring. Ensure ongoing compliance with a continuous risk monitoring process that provides an accurate and up-to-date view of your client’s KYC profile and their transactional behavior.


Transform Client Experience

Increased levels of automation reduce the operational overhead, eliminates unnecessary information requests and allows you to refocus efforts on driving value for clients.


Reduce Total Cost of Ownership

Fenergo simplifies the buying process by offering KYC and transaction monitoring in a single solution, delivered as SaaS.

Fenergo Intro Video

Tackling Financial Crime with a Real-Time Transaction Monitoring and KYC Solution

Fenergo provides a KYC and transaction monitoring solution in a holistic approach to tackling money laundering and terrorist financing. Our SaaS native solution leverages the latest cloud-based technologies, making them flexible, scalable and secure. Our API-first approach allows for seamless integration into existing ecosystems and enables omni-channel onboarding of clients through digital journeys with an optimized user experience. Easy-to-use UI configuration tooling provides the ultimate flexibility and agility, helping organizations to quickly adapt to evolving client needs and an ever-changing market.

Fenergo's solution gives Fintechs a clear understanding of their client's behaviors. It helps to highlight discrepancies between expected and actual behavior to identify suspicious activity and facilitates reporting to relevant FIUs. With Fenergo KYC and Transaction Compliance, financial institutions can manage compliance with KYC and AML/CTF regulations solving a top risk and priority for compliance departments.

Fenergo KYC & Transaction Compliance delivers:

KYC Policy Implementation

Fenergo’s KYC policy digitalizes regulatory and compliance policies through the enforcement of rules for capturing data and documents, ownership and control structures, identification and verification, screening and risk assessments. Fenergo has pre-packaged KYC content for all entity types across more than 120 jurisdictions globally, accelerating implementation times and reducing costs.

Real-Time Transaction Monitoring

Fenergo’s hybrid detection engine is designed to tackle financial crime by processing traffic, identifying suspicious transactions and blocking them - all in real-time. It reduces false positives and identifies true positives otherwise undetectable by legacy technology.

Seamless Integration

Fenergo KYC and Transaction Monitoring are seamlessly integrated to provide an optimal user experience, resulting in reduced disparity and data silos. Customer profiles are enriched with data from multiple sources to enable the generation of advanced alerts. Fully extensible and configurable, Fenergo’s powerful APIs are tailored to your specific business and transaction data needs.

Continuous Monitoring

Fenergo provides continuous monitoring of the client profile by identifying different KYC events sourced from integrated providers (entity data, screening and transaction monitoring) and assessing the impact of those events to determine materiality and keep the KYC profile up-to-date in real-time. It enables financial institutions to detect and action potential KYC and AML/CTF risks earlier than the next scheduled review.


Why is transaction monitoring important?

Firstly, transaction monitoring is a regulatory obligation under anti-money laundering (AML) regulation. Transaction monitoring is important in preventing money laundering and terrorist financing operations. Financial institutions must have systems and processes in place to facilitate the monitoring of their client’s transactional behaviour and to report suspicious transaction activity to the relevant authorities. Without AML transaction monitoring procedures, vast amounts of money generated by criminal activity makes its way into the financial system, which is used to help fund further criminal activity.

What is Transaction Compliance?

Transaction compliance is the process of complying with anti-money laundering (AML) regulation as it relates to transaction monitoring. Financial institutions put into practice systems and processes to monitor their client’s transactional behaviour, identify, stop and investigate suspicious transactions and report them to the relevant financial intelligence unit (FIU).

Why integrate Know Your Customer (KYC) and Transaction Monitoring?

By integrating KYC and AML Transaction Monitoring software, it gives financial institutions a 360 degree view of their client’s KYC risk profile and transactional behaviour in a single place. The ability to bring together a client’s expected activity and their actual transactional behaviour, makes it easy to identify any discrepancies and suspicious activity. Having the two systems and processes integrated in a single solution results in better data management and the ability to make more informed risk decisions. It facilitates continuous risk monitoring of a client's profile by listening for and reacting to KYC and suspicious transaction events, which gives financial institutions a continuously up-to-date view of their clients.

What is involved in the Transaction Monitoring process?

The transaction monitoring process is the way in which a financial institution is able to identify suspicious transactions. It utilises rules-based scenario analysis and machine learning (ML) to detect suspicious transactions. These transactions, along with the associated data and the data of the involved parties, is investigated to determine if in fact the transaction is truly suspicious, at which point a Suspicious Activity Report (SAR) is filed with the relevant authorities, the local Financial Intelligence Unit (FIU).

Discover our other SaaS solutions:


Know Your Customer

An enterprise-wide SaaS solution that efficiently manages global KYC due diligence requirements throughout the entire lifecycle, from initial client onboarding to periodic reviews, ongoing maintenance, right through to offboarding.


Transaction Monitoring

A real-time, data-driven transaction monitoring, alert management and reporting solution. Fenergo Transaction Monitoring gives fintechs the power to manage AML compliance, detect suspicious activity in real-time and reduce false positives.

Request a Demo

See how you can digitalize and integrate Know Your Customer and Transaction Monitoring with Fenergo.