To manage the large volumes of regulatory requirements, financial institutions are now looking for disruptive digital solutions to remove the manual effort and risk of human error.
Fenergo Digital KYC removes the guesswork and makes your financial institution compliant by design.
Robust regulatory rules are bolstered by Straight Through Processing, Management by Exception, Digital Data Management to deliver ongoing regulatory surety and a truly digital approach to compliance.
Features and Capabilities of Fenergo Digital KYC:
- KYC Managed by Exception: Reduces the need for manual intervention and outsourcing compliance to third-party offshore firms
- Automated Regulatory Rules: Regulations and cross-jurisdictional requirements dynamically managed
- API Integrations: Enable digital data and document management with out of the box eSignature, ID&V and OCR integrations
- Automated KYC Refresh: Event-driven approach enables real-time KYC refresh for high-tech, low-touch compliance
Digitalize KYC and Client OnboardingWith Digital KYC
Fenergo Digital KYC removes the guesswork and makes your financial institution compliant by design. Robust regulatory rules are bolstered by Straight Through Processing, Management by Exception, Digital Data Management to deliver ongoing regulatory surety and a truly digital approach to compliance.Watch Now
Digitalized, Risk-based KYC
with API integrations and streamlined client lifecycle management
Lower Overall Cost of Compliance
clients managed by exception based on risk assessment
Ongoing Regulatory Surety
by reducing repeated outreach and duplicated tasks
Increased Operational Efficiency
with event-driven and periodic refresh for an up-to-date client profile
Discover Digital KYC
Fenergo Digital KYC
Learn more about how Fenergo Hierarchy Manager can empower your compliance team to accurately identify and verify complex corporate hierarchies and beneficial ownersDownload the Brochure
Digital KYC - The Risk-Based Solution for the 'High Risk' Conundrum
Download the whitepaper where we examine how Digital KYC can empower financial institutions to meet the challenges of rapidly evolving regulatory requirementsDownload the Whitepaper
CLIENTS WHO TRUSTOUR SOFTWARE SOLUTIONS
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
Our strategy is based around serving our clients’ needs, and our internal agility is central in this respect. By enhancing our processes through digital systems such as Fenergo’s CLM platform, we aim to provide the best possible experience, and ultimately the best possible financial solutions to our clients.
Marc Vincent Global Head of Corporate & Investment Banking, Natixis
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 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
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, ABN AMRO
Fenergo Deploys On Demand Regulatory Rules