Digital AML / KYC
Dramatically improve the customer experience by digitalizing the fight against financial crime
Digitalizing the Client Regulatory Journey.
Fenergo Digital AML / KYC is an out-of-the-box, integrated platform that manages all relevant Anti-Money Laundering and Know Your Customer (KYC) compliance requirements. Its regulatory rules engine automatically determines the customer’s regulatory journey, identifying the actions and documentation required to achieve and maintain compliance. Seamless API integrations facilitate automatic connection to relevant data sources to create a holistic client risk profile. Sophisticated Identity Verification (ID&V) and eSignature technologies are included to simplify and expedite the client onboarding process.
With Fenergo Digital-KYC, financial institutions can:
- Reduce the cost of compliance with improved efficiencies due to digitalization of data and documentation gathering and automation of the onboarding process.
- Focus valuable KYC resources on higher-risk entities with straight through processing and management of risk by exception.
- Deliver perpetual AML and KYC compliance through event-triggered reviews and refreshes.
- Improve the customer experience with a simplified and consistent onboarding process.
- Future-proof AML and KYC compliance through automatic rules updates from Fenergo.
- Access Fenergo’s community of compliance professionals worldwide, using its regulatory forums to help shape future regulations.