Corporate and Institutional Banks are caught between a rock and a hard place – between continuously changing regulation, the need to constantly collect, process and update client and counterparty data in the midst of a disparate data management internal landscape, all of which results in a lengthy, fragmented onboarding process. And now they are in a tech race to deliver an exceptional client experience.
Fenergo’s Client Lifecycle Management solutions provide a rules-driven, risk-based approach to onboarding clients and products efficiently and compliantly with a range of regulations spanning multiple jurisdictions, based on a clean data repository of all client and counterparty data.
Furthermore, the solution enables banks to adopt a lifecycle approach to managing clients, facilitating new data take-on, ad-hoc and event-triggered compliance refreshes and supporting up-sell and cross-sell opportunities.
Fenergo’s CLM softwaresolution delivers:
ROI on Technology with out-of-the-box integration
Reduction in onboarding times
savings in audit cost with out of the box functionality
re-use up to 75% of client data & documentation
Fenergo ranks the highest dedicated Client Lifecycle Management technology provider in the 2018 Chartis RiskTech100® study of the world’s major risk and compliance technology companies.
Transform the Customer Experience with Fenergo CLM Solution
Client Lifecycle Management Brochure
Automates the end-to-end client lifecycle management process from compliance, data, onboarding and ongoing reviews.Download Brochure
BNP Paribas selects Fenergo Client Lifecycle Management
Fenergo’s CLM solution will support BNP Paribas’ global transformation project, delivering a single client view across all jurisdictions and entities.Read More
Client Lifecycle Management for Capital Markets
Download the case study to find out how this Capital Markets client solved their regulatory, data and onboarding obligations on a single platform.Case Study
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
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
The global regulatory challenge is one that continues to evolve and grow. It’s more of a journey than a destination. Therefore, it is important to find the right solutions partner to travel along that journey with you and provide the guidance needed to navigate the path ahead. We found such a partner in Fenergo
Faham Rashid Director, Operations & Technology for Global Banking & Markets division of Scotiabank
We chose Fenergo’s solutions because they will enable us to meet the increasing complex regulatory frameworks with an efficient and client-centric onboarding experience.
John Healy Managing Director, Head of Capital Markets Operations SunTrust Robinson Humphrey
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 selected Fenergo’s Client Lifecycle Management software to enable us to manage the CDD / KYC processes from client onboarding to client off-boarding and all the KYC / CDD compliance and lifecycle events (periodic and event-driven reviews) that occur in between. A core part of our business transformation program will involve creating an internal centralized KYC target operating model that will help us to simultaneously improve the client experience and reduce the cost impact of the regulatory KYC activities. Fenergo is the technology platform that will underpin this initiative.
Helène Erftemeijer, bank-wide responsibility for CDD, client master administration and regulations with ABN AMRO
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