Fenergo Study: Regulatory Penalties in North America Account for 95% of Global Financial Penalties in 2024
Nearly 50 fines were issued by U.S. regulators in 2024, with North America accounting for an overwhelming 95% of the $4.6 billion in global financial penalties.
Research & Reports
January 16, 2025
Singapore’s financial sector must brace for heightened regulatory scrutiny and enforcement action in 2025
While global financial fines saw a modest reduction of 30% in 2024, Singapore prepares for increased enforcement amid tightened compliance measures with 22% increase in fines issued in 2024 from 2023.
Research & Reports
January 15, 2025
Chartis Recognizes Fenergo as Category Leader in 2024 AML Transaction Monitoring Solutions Quadrant®
Fenergo has been recognized as the Category Leader for Completeness of Offering in the 2024 Chartis AML Transaction Monitoring Quadrant®.
Awards & Recognition
December 18, 2024
Fenergo Group Limited reports €12.6 million profit before tax and 20% increase in recurring revenue
Fenergo reports a profit before tax of €12.6 million and a 20% increase in software licence growth in its financial results for the year ending March 2024.
Company News
December 13, 2024
Pictet bolsters fund servicing capabilities with Fenergo CLM
Geneva-based investment group Pictet has deployed Fenergo’s CLM solution to further enhance its asset servicing capabilities
Client News
November 27, 2024
Asset Managers Face an Efficiency Gap with 74% of Firms Losing an Investor Due to Delayed and Inefficient Investor Onboarding
Asset management firms cite poor data quality, lack of onboarding automation, and inefficient KYC workflows as top factors preventing accurate views of investors and portfolios.
Research & Reports
November 20, 2024
Boerse Stuttgart Digital partners with Fenergo to scale regulatory compliant crypto solutions across Europe
Partnership between Boerse Stuttgart Digital and Fenergo accelerates the onboarding of banks, brokers and asset managers launching their own crypto offerings Integration of Fenergo enhances scalabilit
Partnerships
November 6, 2024
Fenergo Expands into the Energy and Commodities Sectors, Bringing Intelligent KYC and Onboarding Solutions to New Markets
Already partnering with some of the world’s largest oil and gas, and commodities companies, Fenergo delivers solutions to meet the industry’s complex onboarding & compliance challenges
Company News
October 30, 2024
Fenergo Wins Three Coveted Awards in Chartis RiskTech100®
Dublin, 23th October 2024 - Fenergo, the leading provider of AI-powered client lifecycle management (CLM), know your customer (KYC) and anti-money laundering (AML) transaction monitoring solutions, an
Awards & Recognition
October 23, 2024
Share of Banks Losing Clients to Poor KYC Practices Surges to Record High
The number of global banks losing clients to slow and inefficient know your customer (KYC) onboarding practices has surged to a record high this year, according to new research from Fenergo
Research & Reports
October 22, 2024
Chartis Recognizes Fenergo as Category Leader for KYC in 5th Consecutive Year
Fenergo recognized as the Category Leader for Completeness of Offering in the 2024 Chartis RiskTech Quadrant® for KYC Solutions.
Awards & Recognition
October 10, 2024
Fenergo Appoints Renowned Financial Crime Partner Michael Shepard to Advisory Board
A seasoned expert with nearly four decades of experience, Shepard has served as a former Deloitte Financial Crime leader, bank executive and U.S. Department of Justice prosecutor.
