Transform complex client onboarding and lifecycle events into a simplified, streamlined digital client experience.
Operational efficiencies are a significant challenge for Corporate & Institutional banks (C&IB), as their competitors gain ground through digital transformation. Financial institutions need to navigate between delivering more efficient onboarding and enhanced client maintenance experiences, while facing the threat of ever-increasing fines for regulatory non-compliance.
Fenergo Client Lifecycle Management (CLM) is a cloud-native, SaaS-based solution that enables Corporate & Institutional Banks to onboard complex clients quickly and efficiently, delivering an exceptional client experience, whilst complying with all financial crime and compliance obligations throughout the client lifecycle.
Fenergo Client Lifecycle Management enables financial institutions to transform the end-to-end client onboarding and lifecycle experience, future-proof regulatory compliance and enhance operational efficiency.
Fenergo CLM helps Corporate and Institutional Banks to achieve compliance throughout the client lifecycle with a wide range of regulatory frameworks across 120+ jurisdictions.
Faster onboarding, straight through processing and a tight, digital orchestration process translates into significant time savings and efficiencies, helping C&IB firms achieve faster time to revenue.
API-first, Fenergo CLM integrates with a wide variety of internal and external systems and data providers to ensure the continued flow, use and re-use of information through the client lifecycle.
Fenergo CLM delivers vastly improved operational efficiencies that result in faster onboarding, and a corresponding reduction in system hand-offs, integration, re-keying and duplication of data.
With faster more efficient processes and an improved client experience, you can successfully cross-sell and up-sell to existing clients, whilst attracting more new business whilst growing a greater competitive advantage.
"The rapid growth of Mizuho Americas prompted us to look ahead to a more scalable solution that can handle our expanding client data set and an increasingly demand regulatory environment across the many markets in which we operate. It became obvious that choosing a partner company like Fenergo that specializes on the entire client lifecycle management was a good strategic decision for Mizuho."
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Fenergo CLM allows the onboarding and maintenance of multiple accounts for complex legal structures. Client onboarding is fast and efficient.
The solution promotes digital client data and document capture through advanced integrations with leading data and screening providers. It offers a digital client portal to capture outstanding information and centralizes all client information for future re-use.
Fenergo CLM supports compliance obligations across a wide range of regulations including AML/CTF, Tax (US Tax, AEOI/CRS, OTC Derivative Reform and Investor Protection etc.) It creates a holistic single client view that is used to accurately measure client risk. The solution enables the streamlined onboarding of low-to-medium risk clients, allowing financial institutions to focus key resources on serving higher risk or higher value clients.
Fenergo CLM offers tight, digital orchestration between internal stakeholders to ensure that client journeys are seamless and frictionless from initial onboarding through to ongoing KYC reviews, and through every client event that happens in between.
See how Fenergo Client Lifecycle Management solutions can transform your corporate and institutional business.