Amid a tsunami of new and enhanced regulatory obligations, 2014 has witnessed a tidal wave of press releases announcing the launch of countless utilities emerging from the tumultuous seas of financial services.

In this paper, Joe Dunphy, Head of Product Management with Fenergo, explores the benefits that such utilities can bring to financial institutions with particular respect to onboarding new legal entities or new products and accounts for existing legal entity clients.

Additionally, he outlines the key players in the utilities space and explains how Fenergo’s suite of Regulatory Onboarding, Client & Counterparty Data Management and Client Lifecycle Management solutions integrate with these utilities.

About the Author 

Joe DunphyJoe has deep banking and regulatory knowledge and maintains currency of knowledge in this ever-evolving industry by taking an active lead in Fenergo’s Client Advisory Boards and industry roundtables and forums.