On March 4th, 2015, Fenergo hosted a webinar on the Time, Cost & Challenges of Institutional Client Onboarding, with special guests Forrester Consulting.
Based on a commissioned research study into Client Onboarding practices in Investment and Corporate Banks, the webinar revealed significant findings such as:
- It can take up to 34 weeks to onboard a new client and cost up to $25,000 to do so;
- Data quality, operational efficiency, customer experience and regulatory compliance are the key challenges facing client onboarding teams;
- Improved time to revenue, reduced onboarding times and significant efficiencies are the key benefits of implementing a Client Lifecycle Management solution (based on case study analysis).
Click here to listen to the webinar or fill in the form to download full research report.